Lessor Starts Legal Proceedings against Saudigulf Airlines
Two low-cost airlines, Sama Airlines and Nas Air, were founded in Saudi Arabia in 2007. Sama`s two Boeing 737-300s were returned to the lessor after the airline closed. They will be operated by Boliviana de Aviacion from mid-2021. He rejected the owners` request, ruling that the court “does not have jurisdiction” to issue the requested orders to disclose the phone data because it is “not under Saudia`s control.” The airline said in a statement to Reuters it would meet its contractual obligations and was also ready to defend itself against inaccurate claims. For decades, Abu Dhabi, along with other city-states in the region, had part of Gulf Air. But one by one, the partners split up to create their own airlines. After witnessing the success of Bahrain and Oman, Abu Dhabi decided to do the same. International Airfinance, a Middle East lessor, has appointed parties to arrange debt and equity financing of Saudia`s Airbus order for 50 aircraft. Nigeria`s local airlines are taking legal action against the German government and Ethiopian Airlines over the partnership with Nigeria Air. She declined to comment on the specific details of the complaints filed against her, but said ongoing legal proceedings had not yet been initiated. “We are currently in discussions with the landlord to resolve contractual disputes and believe common sense will prevail in the end.” “We are currently in talks with the landlord to resolve contractual disputes and we believe common sense will eventually prevail,” a Saudia spokesperson told Reuters. A Dubai-based financial services company alleges breach of lease agreements by Saudi Arabian Airlines regarding 50 of its Airbus aircraft.
The lessor, Alif Segregated Portfolio Company, is seeking at least $460 million in unpaid rental and maintenance costs. Like many other airlines, the flag carrier of Kuwait started with Douglas DC-3. In 1953, two aircraft of this type were purchased for the new Kuwait National Airways, which began operations in 1954. Registered G-AMZZ and G-AMSM, they were sold in 1970. The G-AMSM found its place in the range of the British airline Skyways Cargo and flew well until 1978, when it had a particularly hard and fiery landing at Lydd International Airport (LYX). The history of new airlines is, unsurprisingly, quite short. SaudiGulf Airlines was founded in 2013 and had to wait another year to start service despite receiving two Airbus A320s in 2015. Airlines are thwarting Putin`s order to cannibalize Western planes to allow others to fly by 2025. Aviation has been one of the hardest-hit industries during the pandemic and regional airlines, including Emirates Airline, have cut thousands of jobs, sources said. These contracts were then transferred to other donors, the claimants in the proceedings. At the heart of the case is a disagreement over escalating factors in leases, due to which lessors accuse Saudia of underpaying $38.7 million, while the airline claims to have overpaid $21.9 million. In addition to the above statement, the airline also clarifies that an active court case has not yet begun.
Deputy Editor – Chris is an experienced photographer and video producer and a natural journalistic talent. Chris` insight into routes, networks and alliances brings to his work a quality that is hard to beat. His strong relationships with airlines in the Middle East and Canada make him an asset to the team. Currently based in Vilnius, Lithuania. The threat of chaotic litigation and litigation is certainly undesirable – especially at a difficult time like this. According to the sound of Saudia`s statement to the media – “currently in talks to resolve contractual disputes” – it looks like the airline is trying to settle the dispute amicably and reach a settlement agreement. According to a November 1 ruling, Saudia`s backers had demanded disclosure of documents stored on the personal devices of Al Jasser – who is also Saudi transport minister – and former vice president of fleet management Abdulrahmen Altayeb, a senior adviser to Al Jasser during his tenure as chief executive.