Slamming the Pakistan Internation Airlines (PIA) for its "irresponsible attitude and maladministration", the Civil AviationAuthority (CAA) said that the PIA seemed to be "unaware of international civil aviationleasing laws" ... unaware of international civil aviationleasing laws"....
Slamming the Pakistan Internation Airlines (PIA) for its "irresponsible attitude and maladministration", the Civil AviationAuthority (CAA) said that the PIA seemed to be "unaware of international civil aviationleasing laws" ... civil aviationleasing laws"....
PWC believes that as the crisis continues, the leasing business also faces a shake-up, with increased mergers and acquisitions likely. The Republic is a key centre for leasing, with 14 of the 15 biggest players in the world based here, including Aercap, Avolon and SMBCAviationCapital... Aircraft leasing will survive, she says....
To review the situation after the PIA plane was seized in Malaysia over a lease dispute and the airline’s concern over air services agreements with other countries, the aviation division has called a meeting of the working group, headed by senior joint secretary of the aviation division Abdul SattarKhokhar on Wednesday, sources said....
From the details available, it appears that this particular jet is one of two leased by PIA from a Dublin-based company and is part of the portfolio sold by the latter to PeregrineAviationCharlie Ltd, which is the plaintiff in the case ... For this, the Civil AviationAuthority as the regulator must shoulder a large part of the blame....
Read full article. Vishal Krishna ( )17 January 2021, 11.55 pm183;5-min read ...Snapshot of WindPioneers ... “Our proprietary tools ensure fast, robust analyses at a fraction of the time and effort of industry-standard approaches ... ALSO READ ... few trusted him ... Pak Civil AviationAuthority slams PIA for being 'unaware of international leasing laws'....
Sources said that the Civil AviationAuthority (CAA) has expressed its displeasure with PIA's "irresponsible attitude and maladministration," claiming that PIA seemed to be "unaware of international civil aviationleasing laws." ... civil aviationleasing laws, sources added....
The dispute pertains to the lease agreement on the aircraft, which was originally leased from the Irish company, AerCap and then through the leasing giant PeregrineAviationCharlieLimited...Pakistan is, according to the Malaysian court order, required to pay $14 million on the leasing of this aircraft and the other Boeing 777....
FederalMinister for AviationGhulam 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 aviationleasing laws, sources added....
In the meanwhile, theleasing 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 aviationleasing laws, the sources added....
The case involved a $14 million lease dispute, a PIA official said ... According to the order passed by the Kuala LumpurHigh Court on Thursday seen by Reuters, the plaintiff of the case is PeregrineAviationCharlieLimited and the matter pertains to two jets leased to PIA by Dublin-based AerCap, the world’s largest aircraft lessor, in 2015....
AerCap's lease dispute. According to a copy of the orders, passed by the Kuala LumpurHigh Court on Thursday, received by Reuters, the plaintiff of the case is learned to be PeregrineAviationCharlieLimited and the matter pertains to two jets leased to PIA by Dublin-based AerCap, the world's largest aircraft lessor, in 2015....