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KARACHI: Malaysian authorities on Wednesday ordered the release of the Pakistan International Airlines’ plane which was grounded in Malaysia over a lease dispute.A PIA spokesman said the. ....
• Passenger flight from Kuala Lumpur to resume tomorrow KUALA LUMPUR: A Malaysian court has ordered immediate release of a Pakistan International Airlines (PIA) plane that had been seized nearly two weeks ago by the authorities over a London court case about the jet’s lease after the applicant, Peregrine Aviation Charlie Ltd, agreed to withdraw its suit against PIA Corporation. The Boeing 777 aircraft was seized on Jan 15 soon after landing at Kuala Lumpur International Airport on the orders of a local court that allowed an application by lessor Peregrine Aviation Charlie Limited to keep it grounded until the result of a $14 million lease dispute with PIA in Britain. ....
Article content KUALA LUMPUR A Malaysian court ordered on Wednesday the immediate release of a Pakistan International Airlines (PIA) plane detained in the Southeast Asian nation nearly two weeks ago over a British court case about its lease. Malaysia seized the Boeing 777 aircraft on Jan. 15 after a court allowed an application by lessor Peregrine Aviation Charlie Limited to keep it grounded until the result of a $14-million lease dispute with PIA in Britain. We apologize, but this video has failed to load. Try refreshing your browser, or Malaysian court releases Pakistan national carrier s grounded plane Back to video The Kuala Lumpur High Court ordered the release after both sides said they had reached an amicable settlement of the dispute, involving two planes leased to PIA, a lawyer for the airline said. ....
Malaysia releases PIA plane seized over payment dispute By A plane of Pakistan International Airlines. Malaysian authorities seized the Boeing 777 aircraft on Jan 15 after a court allowed an application by the plane s lessor. The Kuala Lumpur High Court ordered the immediate release of the plane after both sides said they had reached an amicable settlement The jet was leased to PIA by Dublin-based AerCap , the world’s largest aircraft lessor, in 2015. KARACHI: The Malaysian authorities have released the Pakistan International Airlines (PIA) plane which was seized after the national flag carrier failed to clear the dues of the leasing firm. ....
(Adds PIA spokesman’s comments; paragraph 6) KUALA LUMPUR, Jan 27 (Reuters) - A Malaysian court ordered on Wednesday the immediate release of a Pakistan International Airlines (PIA) plane detained in the Southeast Asian nation nearly two weeks ago over a British court case about its lease. Malaysia seized the Boeing 777 aircraft on Jan. 15 after a court allowed an application by lessor Peregrine Aviation Charlie Limited to keep it grounded until the result of a $14-million lease dispute with PIA in Britain. The Kuala Lumpur High Court ordered the release after both sides said they had reached an amicable settlement of the dispute, involving two planes leased to PIA, a lawyer for the airline said. ....