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Latest News for: Aviation lease
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Ghulam Sarwar says PIA will appear before Malaysian, London courts over non-payment of lease
The News International 16 Jan 2021
Federal Minister for Aviation Ghulam Sarwar Khan ... In the meanwhile, the leasing company kept an eye on the activities of PIA, and as soon as it received the information of Flight 895's scheduled landing in Malaysia, it appealed to the Malaysian court to seize the aircraft as per the international civil aviation leasing laws, sources added....
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PIA plane seized in Malaysia over $14m lease dispute
Dawn 16 Jan 2021
The case involved a $14 million lease dispute, a PIA official said ... According to the order passed by the Kuala Lumpur High Court on Thursday seen by Reuters, the plaintiff of the case is Peregrine Aviation Charlie Limited and the matter pertains to two jets leased to PIA by Dublin-based AerCap, the world’s largest aircraft lessor, in 2015....
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PIA aircraft held back in Malaysia over unpaid dues; no limit to PAK's frivolous spends [Details]
International Business Times 16 Jan 2021
AerCap's lease dispute. According to a copy of the orders, passed by the Kuala Lumpur High Court on Thursday, received by Reuters, the plaintiff of the case is learned to be Peregrine Aviation Charlie Limited and the matter pertains to two jets leased to PIA by Dublin-based AerCap, the world's largest aircraft lessor, in 2015....
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PIA: Pakistan national carrier plane ‘impounded’ in Malaysia
Al Jazeera 15 Jan 2021
The case involved a $14m lease dispute, a PIA official said ... According to orders passed by the Kuala Lumpur High Court on Thursday and seen by the Reuters news agency, the plaintiff of the case is Peregrine Aviation Charlie Limited and the matter pertains to two jets leased to PIA by Dublin-based AerCap, the world’s largest aircraft lessor, in 2015....
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PIA plane 'held back' by Malaysian authorities over UK court case
Gulf News 15 Jan 2021
According to orders passed by the Kuala Lumpur High Court on Thursday seen by Reuters, the plaintiff of the case is Peregrine Aviation Charlie Limited and the matter pertains to two jets leased to PIA by Dublin-based AerCap, the worlds largest aircraft lessor, in 2015....
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Donald Trump blacklisting jolts China’s ambitions to take on Boeing
Hindustan Times 15 Jan 2021
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PIA passenger plane 'impounded' in Malaysia as part of legal dispute
Dawn 15 Jan 2021
The case involved a $14 million lease dispute, a PIA official said ... According to orders passed by the Kuala Lumpur High Court on Thursday seen by Reuters, the plaintiff of the case is Peregrine Aviation Charlie Limited and the matter pertains to two jets leased to PIA by Dublin-based AerCap, the world's largest aircraft lessor, in 2015....
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China could take on Boeing after Donald Trump’s pressure
Business Day 15 Jan 2021
... founder and aviation analyst at Endau Analytics ... Hong Kong-based China Aircraft Leasing said on January 8 said it would provide Indonesian airline PT Transnusa Aviation Mandiri with 30 ARJ21 regional jets, making the carrier the first airline outside China to fly Comac planes....
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High Court winds up Norwegian Air leasing company
The Irish Times 15 Jan 2021
TLL’s only income, counsel said, came from the sub-leasing arrangements ... TLL, along with fellow Irish-registered entities Arctic Aviation Assets DAC, Norwegian Air International Ltd, Drammensfjorden Leasing Ltd and Lysakerfjorden Leasing Ltd, were granted court protection from their creditors late last year....
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Examiner asks for Norwegian Air company to be wound up
The Irish Times 15 Jan 2021
TLL’s only income, counsel said, came from the sub-leasing arrangements ... TLL, along with Irish-registered Arctic Aviation Assets DAC, Norwegian Air International Ltd, Drammensf Jorden Leasing Ltd Lysakerf Jorden Leasing Ltd, were granted the protection of the court from their creditors late last year....
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Irish registered Norwegian Air company wound up by High Court
RTE 15 Jan 2021
TLL's only income, counsel said, came from the sub-leasing arrangements ... TLL, along with other Irish registered Arctic Aviation Assets DAC, Norwegian Air International Ltd, Drammensfjorden Leasing Ltd and Lysakerfjorden Leasing Ltd, were granted the protection of the Court from their creditors late last year....
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