DUBLIN, Feb 13 (Reuters) - Aircraft lessor Avolon has

booked $177 million in proceeds from settlements of insurance

claims in respect of aircraft stranded in Russia after Western

sanctions in 2022 and does not expect additional recoveries.

Avolon, the world's second -largest aircraft lessor, last

week said it had discontinued court proceedings in Ireland after

reaching commercial resolutions with its insurers.

"We're not anticipating any material incremental recoveries

from here on," Avolon CEO Andy Cronin told Reuters.

(Writing by Conor Humphries

Editing by David Goodman)