ISLAMABAD: A Pakistan International Airlines (PIA) aircraft which was seized by the Malaysian authorities over a lease dispute earlier this month has arrived Islamabad.
The aircraft was seized by the Malaysian authorities over a $14 million lease dispute.
Before arrival to Pakistan, the Malaysian court ordered to release the PIA plane after the airline reached an out-of-court settlement with the leasing firm. The court dismissed the case by the mutual consent of both the parties and ordered to hand over the aircraft to PIA.
Earlier on January 15, a Pakistan International Airlines (PIA) aircraft had been “held back” in Malaysia over a legal dispute between the airline and a firm pending in a UK court.
The national flag carrier’s spokesperson in a Twitter statement had said: “A PIA aircraft has been held back by a local court in Malaysia taking one sided decision pertaining to a legal dispute between PIA and another party pending in a UK court.”