PIA pays $7mn after plane seizure in Malaysia

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Islamabad, Jan 23 | The Pakistan International Airlines (PIA) confirmed that it has paid around $7 million o a jet company after a plane of the flag carrier was seized by Malaysian authorities over the non-payment of aircraft lease dues, the media reported on Saturday.

On Friday, the PIA informed the London High Court that it paid the amount to Peregrine Aviation Charlie Ltd in the case pertaining to two jets leased to it by the Dublin-based AerCap, reports Geo News.

The court was told that the PIA did not make payments since it asked for the amendment of its claim last July and that it owed $580,000 per month to the airliner.

The litigation was initiated due to non-payment.

The leasing company had filed a case against PIA at the London High Court in October 2020 over its failure to pay the leasing fee worth about $14 million, which had been pending for six months.

As soon as the company received the information of the PIA flight 895’s scheduled landing in Malaysia, it appealed to a local court to seize the aircraft as per the international civil aviation leasing laws, sources added.

The Boeing 777 aircraft was then seized on January 15 after the London High Court issued the order.

Source: IANS

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From being a developer to a CEO in California, Manthan Dudeja's top tips to make money while you're still in college

From being a developer to a CEO in California, Manthan Dudeja's top tips to make money while you're still in college

Gone are the days when one had to finish school, college and subsequent years in getting trained to be able to sustain oneself with decent income. Today, what you earn eventually depends upon your skillset and how early you got started to build an expertise in your domain.

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Your journey to become a digital marketer starts the day you take the step of self-educating yourself and learning the tricks to attract potential customers either by way of Google, Facebook, or any other digital platform by a host of scalable ways on the internet, undoubtedly, digital marketing is the hottest online work from home concept of this decade.

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These are some of the best ways to get started, according to Manthan, all

 

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