DUBLIN, Feb 7 (Reuters) - Avolon has settled a lawsuit

against a number of insurers over jets that were prevented from

leaving Russia when Western sanctions forced the termination of

their leases in 2022, the world's second-largest aircraft lessor

said on Friday.

"Avolon has reached commercial resolution with its insurers

in respect of its aircraft detained in Russia that were subject

to proceedings in the High Court of Ireland and has now

discontinued all the proceedings," an Avolon spokesperson said.

"We cannot comment on any financial impact as we are in a

closed period in advance of publishing our full-year 2024

results on February 13."