PIA pays $7m to leasing company, London High Court told
The London High Court heard the Pakistan International Airline PIA plane stoppage case in Malaysia, where PIA's lawyer argued stopping of plane despite the case being heard in the UK was against the legal norms, reported 24NewsHD TV channel.
The PIA lawyer said the national airline of Pakistan had paid $7m to the leasing company.
Airline’s lawyer Erin Hitchens told the court about the agreement that both parties settle issues of the lease without any fine on the national airline.
While the lease company’s lawyer told the court: “The claimant’s position is that the sums were paid today by the defendant (PIA).”
He informed the court that PIA didn’t make payments since it asked for the amendment of its claim in July and that it owed $580,000 per month to the airliner.
The TV channel reported London High Court adjourned the case till further hearing on the request of the claimant lawyer.
It is pertinent to note that PIA Boeing 777 was stopped from taking off at the Kuala Lumpur airport for failing to pay nonpayment of $14million arrears of lease following orders from a court in Malaysia on January 15.
Reacting to the news, PIA Spokesman termed the court orders ‘unjustified’, he said that the orders had been given in connection with a case sub judice in a UK court.