ISLAMABAD/KUALA LUMPUR– A Pakistan International Airlines aircraft has been held back by Malaysian authorities due to a British lawsuit over the jet’s lease, the airline company stated on Friday, adding it would pursue the matter through diplomatic channels.
The Boeing 777 airplane was seized after a court order, an airline company spokesman stated, and alternative plans were being produced guests due to fly from Kuala Lumpur back to Pakistan.
The case included a $14 million lease disagreement, a PIA authorities said.
” A PIA airplane has actually been held back by a regional court in Malaysia taking a one-sided choice pertaining to a legal dispute in between PIA and another celebration pending in a UK court,” a PIA spokesman Abdullah H. Khan stated in a statement.
” We were informed that the plane has actually been taken on a court order,” Khan said later in a video statement. “PIA’s legal team will pursue it in the Malaysian court, and we hope that we will resolve this concern as quickly as possible.”
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 relates to two jets leased to PIA by Dublin-based AerCap, the world’s biggest airplane lessor, in 2015.
They belong to a portfolio that AerCap sold to Peregrine Aviation Co Ltd, a financial investment system of NCB Capital, the brokerage arm of National Commercial Bank SJSC, in 2018.
According to the interim injunction, PIA is restrained from moving 2 airplane in its fleet– a Boeing 777- 200 ER with identification number 32716 and a Boeing 777- 200 ER with identification number 32717– when they have actually landed or parked at Kuala Lumpur International Airport up until a more hearing on the matter later on this month.
Tracking information from Flightradar24 showed only one of the two Boeing 777 s covered by the court order is presently in Kuala Lumpur. The other was last tape-recorded in Karachi last month. AerCap, which continued as part of the agreement to offer lease management services to Peregrine, declined to comment.
Malaysia Airports Holdings Berhad, the country’s airport operator, and its subsidiary were ordered to ensure the aircraft do not leave Kuala Lumpur International Airport.
Malaysia’s Ministry of Transportation stated in a declaration on Friday that the airplane was being held pending legal procedures set for Jan. 24.
Malaysia Airports Holdings Bhd stated the matter was not associated with airport operations.
PIA in a declaration explained the scenario as “unacceptable” adding that it had actually asked for support from Pakistan’s federal government to raise the matter diplomatically.
The office of Malaysia’s prime minister and the foreign ministry did not instantly respond to ask for comment.
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Pakistan’s High Commission in Malaysia was “in close contact with the relevant Malaysian authorities and Pakistan International Airlines to address the concern,” ministry spokesperson Zahid Hafeez stated, adding that the passengers would be flown home on Friday.
With more than $4 billion in collected losses, PIA was already struggling economically when flights were grounded in 2015 due to the pandemic.
After it resumed operations in Might, a domestic PIA flight crash in Karachi killed 97 of 99 people on board.
Pakistan’s air travel industry was then struck by a scandal in which pilots were discovered to hold “dubious” licenses– prompting a variety of nations to ban PIA from operating flights in their jurisdictions.
The airline company was banned from flying to the European Union for 6 months over security compliance concerns under a restriction still in place. (Reporting by Charlotte Greenfield and Asif Shahzad in Islamabad, Syed Raza Hassan in Karachi, Joseph Sipalan and Liz Lee from Kuala Lumpur, and Tim Hepher in Paris; Writing by Gibran Peshimam; Modifying by Jason Neely, Susan Fenton and Louise Heavens)