Pia 777
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A PIA B777 has been impounded on court orders before departure at KL, because of default in lease payments. Any experienced professional CFO and CEO of a commercial airline operating on international sectors should have been aware of repercussions involved in international default and instead of contesting the matter in court should have managed by making partial payments. A default in lease can trigger a default with international lenders and any qualified aviation industry executive with experience is required to manage through skillful negotiations.
The aviation industry is facing a crisis and as long as the pandemic is not curtailed, airlines have embarked on cutting operating costs. These are not times to embark on increasing the fleet and I fail to understand the commercial justifications on leasing more aircraft. Funds should be utilized to pay lease installments for aircrafts already in use, while making efforts to return utilized leased aircrafts.
THE BEST SOUND EVER! The world’s biggest aircraft engine easily makes the world’s most beautiful engine sound! If you like engine roar, this is THE video to. A PIA B777 has been impounded on court orders before departure at KL, because of default in lease payments. Any experienced professional CFO and CEO of a commercial airline operating on international sectors should have been aware of repercussions involved in international default and instead of contesting the matter in court should have managed by making partial payments. Aviation News: PIA Boeing 777 Impounded At Kuala Lumpur Malaysia Airport For Non Payment. What’s The Difference Between FN, NE, & NS Aircraft Part Conditions’ Thank’s!! IBEX’s CRJ-200ER!! ’ IBEX Airlines(IBX) Bombardier CRJ-200ER JA03RJ. 35-YEARS-OLD SkyTaxi Boeing 767-281F Powerful Takeoff From Belgrade Airport. The PIA 777 lokks a cool guy!! 11 years ago Very nice pc Anonymous. 11 years ago Beautiful photograph Anonymous. 11 years ago Those engines look even bigger when looking the 777 from below.
PIA has been restrained from using two B777 aircrafts leased from Dublin-based AerCap in 2015, which sold this portfolio to Peregrine Aviation Co Ltd in 2018. The aircrafts with manufacturer serial numbers 32716 and 32717 should never have been sent on international flights.
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What more will it take for the Federal Government to understand that those at the helm in the Aviation Ministry, CAA Pakistan and PIA lack the capacity to handle the affairs of an airline, already in crisis? The EASA issue was mishandled by everybody involved. The Minister for Aviation must have been given this list of over 800 pilots employed by Pakistani and foreign airlines by CAA alone, which has this information. What were the motives, remains to be investigated? The Secretary Aviation should have advised the Minister of the repercussions of making such an irresponsible statement in NA.
MALIK TARIQ ALI,
Lahore.On Friday last week, Malaysian authorities seized a Pakistan International Airlines (PIA) Boeing 777 at Kuala Lumpur International Airport.
The PIA 777 was seized on a local Malaysian court’s order over the non-payment of a $14 million aircraft lease dues. The aircraft was supposed to fly back to Islamabad having operated flight 895 from Karachi to Kuala Lumpur. The aircraft was reportedly seized after passengers were already on board.
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“Passengers were already on board, and the pilot was about to take off, but Malaysian civil aviation authorities directed the pilot to stop the plane and get off it along with all the passengers,” said PIA officials. Bao casino free spins.
After getting off the plane, around 170 passengers and 18 crew members were sent to a hotel to stay there. As many as 118 passengers were brought back to Pakistan from Kuala Lumpur via Dubai, 54 passengers arrived via Doha.Pia 777 Seat Map
The Boeing 777-200ER, with registration AP-BHM, was delivered to the airline back in December 2015. The aircraft was initially delivered to Vietnam Airlines in December 2005 and is currently 15.1 years old.
Pia 777 Seating
In a statement, a PIA spokesman Abdullah H Khan said:
“A PIA aircraft has been held back by a local court in Malaysia taking a one-sided decision pertaining to a legal dispute between PIA and another party pending in a UK court.”
“We were told that the plane had been impounded on a court order. PIA’s legal team will pursue it in the Malaysian court, and we hope that we will resolve this issue as soon as possible.”Pia 777 200 Hd Pictures
Feature Image: “Planespotters.net“Pia 777 Planes
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A PIA B777 has been impounded on court orders before departure at KL, because of default in lease payments. Any experienced professional CFO and CEO of a commercial airline operating on international sectors should have been aware of repercussions involved in international default and instead of contesting the matter in court should have managed by making partial payments. A default in lease can trigger a default with international lenders and any qualified aviation industry executive with experience is required to manage through skillful negotiations.
The aviation industry is facing a crisis and as long as the pandemic is not curtailed, airlines have embarked on cutting operating costs. These are not times to embark on increasing the fleet and I fail to understand the commercial justifications on leasing more aircraft. Funds should be utilized to pay lease installments for aircrafts already in use, while making efforts to return utilized leased aircrafts.
THE BEST SOUND EVER! The world’s biggest aircraft engine easily makes the world’s most beautiful engine sound! If you like engine roar, this is THE video to. A PIA B777 has been impounded on court orders before departure at KL, because of default in lease payments. Any experienced professional CFO and CEO of a commercial airline operating on international sectors should have been aware of repercussions involved in international default and instead of contesting the matter in court should have managed by making partial payments. Aviation News: PIA Boeing 777 Impounded At Kuala Lumpur Malaysia Airport For Non Payment. What’s The Difference Between FN, NE, & NS Aircraft Part Conditions’ Thank’s!! IBEX’s CRJ-200ER!! ’ IBEX Airlines(IBX) Bombardier CRJ-200ER JA03RJ. 35-YEARS-OLD SkyTaxi Boeing 767-281F Powerful Takeoff From Belgrade Airport. The PIA 777 lokks a cool guy!! 11 years ago Very nice pc Anonymous. 11 years ago Beautiful photograph Anonymous. 11 years ago Those engines look even bigger when looking the 777 from below.
PIA has been restrained from using two B777 aircrafts leased from Dublin-based AerCap in 2015, which sold this portfolio to Peregrine Aviation Co Ltd in 2018. The aircrafts with manufacturer serial numbers 32716 and 32717 should never have been sent on international flights.
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What more will it take for the Federal Government to understand that those at the helm in the Aviation Ministry, CAA Pakistan and PIA lack the capacity to handle the affairs of an airline, already in crisis? The EASA issue was mishandled by everybody involved. The Minister for Aviation must have been given this list of over 800 pilots employed by Pakistani and foreign airlines by CAA alone, which has this information. What were the motives, remains to be investigated? The Secretary Aviation should have advised the Minister of the repercussions of making such an irresponsible statement in NA.
MALIK TARIQ ALI,
Lahore.On Friday last week, Malaysian authorities seized a Pakistan International Airlines (PIA) Boeing 777 at Kuala Lumpur International Airport.
The PIA 777 was seized on a local Malaysian court’s order over the non-payment of a $14 million aircraft lease dues. The aircraft was supposed to fly back to Islamabad having operated flight 895 from Karachi to Kuala Lumpur. The aircraft was reportedly seized after passengers were already on board.
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“Passengers were already on board, and the pilot was about to take off, but Malaysian civil aviation authorities directed the pilot to stop the plane and get off it along with all the passengers,” said PIA officials. Bao casino free spins.
After getting off the plane, around 170 passengers and 18 crew members were sent to a hotel to stay there. As many as 118 passengers were brought back to Pakistan from Kuala Lumpur via Dubai, 54 passengers arrived via Doha.Pia 777 Seat Map
The Boeing 777-200ER, with registration AP-BHM, was delivered to the airline back in December 2015. The aircraft was initially delivered to Vietnam Airlines in December 2005 and is currently 15.1 years old.
Pia 777 Seating
In a statement, a PIA spokesman Abdullah H Khan said:
“A PIA aircraft has been held back by a local court in Malaysia taking a one-sided decision pertaining to a legal dispute between PIA and another party pending in a UK court.”
“We were told that the plane had been impounded on a court order. PIA’s legal team will pursue it in the Malaysian court, and we hope that we will resolve this issue as soon as possible.”Pia 777 200 Hd Pictures
Feature Image: “Planespotters.net“Pia 777 Planes
Register here: http://gg.gg/ulp2i
https://diarynote.indered.space
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