CDB Aviation Lease Finance (CDB Aviation), a wholly-owned subsidiary of China Development Bank Financial Leasing, announced that it has received an insurance settlement amount of approximately RMB 1,417 million (US$194 million) from Russian insurance company NSK for the four aircraft previously leased to  Aeroflot. CDB Aviation noted that the insurance settlement and receipt of the settlement was carried out in full compliance with all applicable laws, sanctions and regulations, adding that it will continue to “actively pursue” its litigation in the Irish courts under its own insurance policies with other insurers. The lessor says that it will also continue its

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