Latest news with #Juhas
RTÉ News
01-05-2025
- Business
- RTÉ News
AerCap receives Q1 insurance settlement for aircraft total loss
Dublin-based aircraft lessor AerCap said that it had received cash insurance settlement proceeds from insurers relating to the "total loss" of an aircraft. Peter Juhas, AerCap's chief financial officer, told analysts on an earnings call that the insurance proceeds were received alongside payouts related to an airline bankruptcy claim. The combined impact of both of those on AerCap's first-quarter other income was around $30m, he said. Juhas did not disclose the cause of the total loss of the aircraft. AerCap, the world's largest aircraft lessor, disclosed in February that it recognised $168m in insurance settlements during the fourth quarter of 2024 relating to aircraft seized as a result of the war in Ukraine. The fourth-quarter settlement took AerCap's total insurance and other recoveries related to the Ukraine conflict to $195m in 2024. AerCap is currently pursuing London market reinsurers in the UK's High Court for $2.1 billion under its AIG-led hull all-risks policy. It has an alternative claim for £1.2 billion on its Atrium-led contingent war placement. While settlement talks were ordered by the court last year, the case went to trial in October and concluded in early February. A judgment is expected in late 2025. The lessor is separately pursuing claims worth a further $1.8 billion in the aggregate from international markets. These claims refer to so-called operator policies, which were taken out by airlines and carriers with domestic insurers and reinsured in the London market. AerCap has received a number of settlements from insurers in relation to jets stranded as result of Russia's invasion of Ukraine. This includes the $23m recovered in H1 2024 relating to a Boeing 777-300ER retrieved from Ukraine. AerCap became the first international lessor to publicly disclose an insurance settlement with insurers and airlines when it received a $645m payout from NSK in September 2023 to cover the loss of 17 aircraft previously on lease to Russian flag carrier Aeroflot.
Yahoo
24-04-2025
- General
- Yahoo
Photographer captures testimonies, stories with free photoshoots
CAMBRIA COUNTY, Pa. (WTAJ) — A picture is worth a thousand words. What would your picture say about you? Jess Juhas is the owner of Jessie Janelle Photography. She's a photographer who's using her skills to help people tell their stories of struggle and triumph. She came up with the idea of 'Freedom in Focus: Capturing Faith-Based Stories of Redemption and Recovery'. 'Freedom in focus is a project that I started, to glorify God,' Juhas said. Her personal experiences helped her to realize her true passion; storytelling and sharing testimonies. She also takes photos of those recovering from addiction, struggling with marriage and relationships, or with mental health. Juhas takes those photos for free. 'I feel as though I am inspiring people. And when they get the finished product like they I, they absolutely love their photos. They're excited to do it. They want to be a part of the project,' Juhas said. 24th annual Chainsaw Carvers Rendezvous hosted in Ridgway Larissa Dneaster was the first person to be part of the project. She's been sober since July 2014 and said the photos made her feel empowered. 'I wanted to show people that not only there was a dark side to me, but also the brighter side came after. You have to have the dark to see the light, and without the light, which is God for me, you have nothing,' Dneaster said. Using their photo session, Larissa and Jess are setting an example for other people to share their stories too. 'Not many people get to, like, show that side. They're kind of scared to be vulnerable and show the scary, dark side of the addiction. But that's why we did a bright side as well,' Dneaster said. Thanks to 'Freedom in Focus' the two have also become friends. If you're interested in sharing your story, you can message Jessie Janelle Photography on Facebook or email her at Jessiejanellephotog@ Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
