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UK court tells VietJet not to interfere with export of repossessed jets

A UK judge has ordered Vietnam's VietJet to refrain from interfering in the export of jets repossessed by a leasing firm in the latest twist to a dispute that has put one of the fastest-growing aviation markets under the spotlight. FW Aviation (FWA) has taken possession of four Airbus A321 jets with the airline's agreement after claiming that the airline is in default for non-payment of rent since 2021. But the lessor, part of London-based FitzWalter Capital, accused VietJet in an online hearing on Friday of seeking to thwart the process by interfering behind the scenes with efforts to export one of the passenger jets from Vietnam, where all four jets remain on the ground.

UK court tells VietJet not to interfere with export of repossessed jets

A UK judge has ordered Vietnam's VietJet to refrain from interfering in the export of jets repossessed by a leasing firm in the latest twist to a dispute that has put one of the fastest-growing aviation markets under the spotlight.FW Aviation (FWA) has taken possession of four Airbus A321 jets with the ai

Challenges in Acquiring, Leasing Aircraft Threaten Aviation Industry as More Equipment are Grounded Without Replacement

Challenges in Acquiring, Leasing Aircraft Threaten Aviation Industry as More Equipment are Grounded Without Replacement
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