Reinsurer pays $28 mln compensation for Airbus destroyed by fire

REINSURER PAYS $28 MLN COMPENSATION FOR AIRBUS DESTROYED BY FIRE
Prime-Tass English-language Business Newswire
August 2, 2006 Wednesday 7:24 PM EET
Russian reinsurance company Leksgarant has paid U.S. $28 million in
compensation for an Airbus A320 that was totally destroyed in a
hangar fire at the Brussels Airport on May 5, the reinsurer said in a
press release Wednesday.
Of the total, the company paid $2 million to the owner of the
aircraft and $26 million to International Armenian Airlines, the
operator of the plane.

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