Is it the PM's job to run the PIA ?
PIA plane 'held back' by Malaysian authorities over UK court case
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Is it the PM's job to run the PIA ?
Peace be there
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A Pakistan International Airlines (PIA) plane was held back in Malaysia as part of a legal dispute between the airline and another party, the national flag carrier said on Friday.
The Boeing 777 aircraft was seized after a court order, the airline said, and alternative arrangements were being made for passengers due to fly from Kuala Lumpur back to Pakistan.
The case involved a $14 million lease dispute, a PIA official said.
In a statement posted on Twitter, the airline 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.
"The passengers are being looked after and alternate arrangements for their travel have been finalised," the statement said.
"It is an unacceptable situation and PIA has engaged support from the government of Pakistan to take up this matter using diplomatic channels."
“We were told that the plane has been impounded on a court order,” PIA spokesperson Abdullah Hafeez Khan said later in a video statement. “PIA's legal team will pursue it in the Malaysian court, and we hope that we will resolve this issue as soon as possible.”
Commenting on the legal dispute, Khan told Dawn.com that it was a "payment dispute between us and the party Peregrine" that had been filed in the UK courts about six months ago.
The spokesperson refused to give further details on the dispute, adding that the Malaysian court took an "ex-parte decision causing inconvenience to the passengers who had already boarded the plane".
According to orders passed by the Kuala Lumpur High Court on Thursday seen by Reuters, the plaintiff of the case is Peregrine Aviation Charlie Limited and the matter pertains to two jets leased to PIA by Dublin-based AerCap, the world's largest aircraft lessor, in 2015.
They are part of a portfolio that AerCap sold to Peregrine Aviation Co Ltd, an investment unit of NCB Capital, the brokerage arm of National Commercial Bank SJSC, in 2018.
According to the interim injunction, PIA is restrained from moving two aircraft in its fleet — a Boeing 777- 200ER with serial number 32716 and a Boeing 777- 200ER with serial number 32717 — once they have landed or parked at Kuala Lumpur International Airport until a further hearing on the matter later this month.
Tracking data from Flightradar24 showed only one of the two Boeing 777s covered by the court order is currently in Kuala Lumpur. The other was last recorded in Karachi last month. AerCap, which continued as part of the agreement to provide lease management services to Peregrine, declined to comment.
Malaysia Airports Holdings Berhad, the country's airport operator, and its subsidiary were ordered to make sure the aircraft do not leave Kuala Lumpur International Airport.
Malaysia's Ministry of Transport said in a statement on Friday that the aircraft was being held pending legal proceedings set for January 24.
Malaysia Airports Holdings Bhd said the matter was not related to airport operations.
In response to a question about the issue, Foreign Office spokesperson Zahid Hafeez Chaudhri said the Pakistani high commission in Malaysia was in close contact with the relevant Malaysian authorities and PIA "to address the issue at the earliest".
"Meanwhile, the passengers are being properly looked after and alternate arrangements for their travel to Pakistan have also been finalised," he said, adding that they will be departing Kuala Lumpur by Emirates flight EK-343 later tonight.
Pakistani high commissioner in Malaysia Amna Baloch, while talking to DawnNewsTV, said PIA's legal experts would deal with the situation. She said the high commission would provide all necessary assistance to the airline to resolve the matter.
She said the passengers due to fly on the impounded aircraft were being provided with all possible facilities.
With additional reporting by Naveed Siddiqui in Islamabad.
The Boeing 777 aircraft was seized after a court order, the airline said, and alternative arrangements were being made for passengers due to fly from Kuala Lumpur back to Pakistan.
The case involved a $14 million lease dispute, a PIA official said.
In a statement posted on Twitter, the airline 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.
"The passengers are being looked after and alternate arrangements for their travel have been finalised," the statement said.
"It is an unacceptable situation and PIA has engaged support from the government of Pakistan to take up this matter using diplomatic channels."
“We were told that the plane has been impounded on a court order,” PIA spokesperson Abdullah Hafeez Khan said later in a video statement. “PIA's legal team will pursue it in the Malaysian court, and we hope that we will resolve this issue as soon as possible.”
Commenting on the legal dispute, Khan told Dawn.com that it was a "payment dispute between us and the party Peregrine" that had been filed in the UK courts about six months ago.
The spokesperson refused to give further details on the dispute, adding that the Malaysian court took an "ex-parte decision causing inconvenience to the passengers who had already boarded the plane".
According to orders passed by the Kuala Lumpur High Court on Thursday seen by Reuters, the plaintiff of the case is Peregrine Aviation Charlie Limited and the matter pertains to two jets leased to PIA by Dublin-based AerCap, the world's largest aircraft lessor, in 2015.
They are part of a portfolio that AerCap sold to Peregrine Aviation Co Ltd, an investment unit of NCB Capital, the brokerage arm of National Commercial Bank SJSC, in 2018.
According to the interim injunction, PIA is restrained from moving two aircraft in its fleet — a Boeing 777- 200ER with serial number 32716 and a Boeing 777- 200ER with serial number 32717 — once they have landed or parked at Kuala Lumpur International Airport until a further hearing on the matter later this month.
Tracking data from Flightradar24 showed only one of the two Boeing 777s covered by the court order is currently in Kuala Lumpur. The other was last recorded in Karachi last month. AerCap, which continued as part of the agreement to provide lease management services to Peregrine, declined to comment.
Malaysia Airports Holdings Berhad, the country's airport operator, and its subsidiary were ordered to make sure the aircraft do not leave Kuala Lumpur International Airport.
Malaysia's Ministry of Transport said in a statement on Friday that the aircraft was being held pending legal proceedings set for January 24.
Malaysia Airports Holdings Bhd said the matter was not related to airport operations.
In response to a question about the issue, Foreign Office spokesperson Zahid Hafeez Chaudhri said the Pakistani high commission in Malaysia was in close contact with the relevant Malaysian authorities and PIA "to address the issue at the earliest".
"Meanwhile, the passengers are being properly looked after and alternate arrangements for their travel to Pakistan have also been finalised," he said, adding that they will be departing Kuala Lumpur by Emirates flight EK-343 later tonight.
Pakistani high commissioner in Malaysia Amna Baloch, while talking to DawnNewsTV, said PIA's legal experts would deal with the situation. She said the high commission would provide all necessary assistance to the airline to resolve the matter.
She said the passengers due to fly on the impounded aircraft were being provided with all possible facilities.
With additional reporting by Naveed Siddiqui in Islamabad.
Imran Khan
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14 indians already opened a thread on it you are too late 
Peace be there
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This is just a trailer of things to come in near future. Soon Pakistani assets overseas will be attached and sold by courts worldwide. This to recover 5.6 billion Reko Diq fine imposed on Islamic Republic of Pakistan. Looks like debt recovery going on everywhere - Broadsheet payment award in UK, PIA plane held in Malaysia.. soon Pakistani assets will be sold all over world to recover debts in other cases like Reko Diq. Thank you imran Khan.
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Easy there, Mr. Price. This is real world not call of duty.
The Eagle
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Don't use name-calling or inappropriate wording. You wouldn't need search function. That is all I have to say as far as I understood your post. Rest about others, report the post and thank you for doing us a favour.
The Eagle
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Don't worry..... the repetition is not just limited to THEM only but many do so. Lets just say that at-least few has a chance to post something.
Imran Khan
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and stupid you don't know what was story behind this plane nor you know how many assests pakistan have
rico diq company if sale all of our foreign assets can not get 2bn$ you moron
they are looking with us out of court solution even today .niaz
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This is not a matter where OIC or any other similar organization can help. This is a matter of breaking an agreement by one party without paying what is 'Legally' owed to the injured party according to the contract.
We have to understand that an international contract; whether Right or Wrong; is legally binding on both parties. Any time a company or a country unilaterally breaks it, the dispute to be decided according to the law of the country covering the contract. (Most agreements are under English Law). We have seen it already happen in the Recodiq case where Pakistan was fined $10-billion.
Here is how Reuters reports it.
PIA plane 'impounded' in Malaysia over $14 million lease dispute
By Charlotte Greenfield, Joseph Sipalan, Liz Lee
4 MIN READ
ISLAMABAD/KUALA LUMPUR (Reuters) - A Pakistan International Airlines plane has been held back by Malaysian authorities due to a British court case over the jet’s lease, the airline said on Friday, adding it would pursue the matter through diplomatic channels.
The Boeing 777 aircraft was seized after a court order, an airline spokesman said, and alternative arrangements were being made for passengers due to fly from Kuala Lumpur back to Pakistan.
The case involved a $14 million lease dispute, a PIA official 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,” a PIA spokesman Abdullah H. Khan said in a statement.
“We were told that the plane has been impounded on a court order,” Khan said later in a video statement. “PIA’s legal team will pursue it in the Malaysian court, and we hope that we will resolve this issue as soon as possible.”
According to orders passed by the Kuala Lumpur High Court on Thursday seen by Reuters, the plaintiff of the case is Peregrine Aviation Charlie Limited and the matter pertains to two jets leased to PIA by Dublin-based AerCap, the world’s largest aircraft lessor, in 2015.
They are part of a portfolio that AerCap sold to Peregrine Aviation Co Ltd, an investment unit of NCB Capital, the brokerage arm of National Commercial Bank SJSC, in 2018.
According to the interim injunction, PIA is restrained from moving two aircraft in its fleet – a Boeing 777- 200ER with serial number 32716 and a Boeing 777- 200ER with serial number 32717 – once they have landed or parked at Kuala Lumpur International Airport until a further hearing on the matter later this month.
Tracking data from Flightradar24 showed only one of the two Boeing 777s covered by the court order is currently in Kuala Lumpur. The other was last recorded in Karachi last month.AerCap, which continued as part of the agreement to provide lease management services to Peregrine, declined to comment.
Malaysia Airports Holdings Berhad, the country’s airport operator, and its subsidiary were ordered to make sure the aircraft do not leave Kuala Lumpur International Airport.
Malaysia’s Ministry of Transport said in a statement on Friday that the aircraft was being held pending legal proceedings set for Jan. 24.
Malaysia Airports Holdings Bhd said the matter was not related to airport operations.
PIA in a statement described the situation as “unacceptable” adding that it had asked for support from Pakistan’s government to raise the matter diplomatically.
The office of Malaysia’s prime minister and the foreign ministry did not immediately respond to requests for comment.
Pakistan’s High Commission in Malaysia was “in close contact with the relevant Malaysian authorities and Pakistan International Airlines to address the issue,” ministry spokesman Zahid Hafeez said, adding that the passengers would be flown home on Friday.
With more than $4 billion in accumulated losses, PIA was already struggling financially when flights were grounded last year due to the pandemic.
After it resumed operations in May, a domestic PIA flight crash in Karachi killed 97 of 99 people on board.
Pakistan’s aviation industry was then hit by a scandal in which pilots were found to hold “dubious” licences – prompting a number of countries to ban PIA from operating flights in their jurisdictions.
The airline was banned from flying to the European Union for six months over safety compliance concerns under a ban still in place.
Reporting by Charlotte Greenfield and Asif Shahzad in Islamabad, Syed Raza Hassan in Karachi, Joseph Sipalan and Liz Lee from Kuala Lumpur, and Tim Hepher in Paris; Writing by Gibran Peshimam; Editing by Jason Neely, Susan Fenton and Louise Heavens
Our Standards: The Thomson Reuters Trust Principles.
www.reuters.com
We have to understand that an international contract; whether Right or Wrong; is legally binding on both parties. Any time a company or a country unilaterally breaks it, the dispute to be decided according to the law of the country covering the contract. (Most agreements are under English Law). We have seen it already happen in the Recodiq case where Pakistan was fined $10-billion.
Here is how Reuters reports it.
PIA plane 'impounded' in Malaysia over $14 million lease dispute
By Charlotte Greenfield, Joseph Sipalan, Liz Lee
4 MIN READ
ISLAMABAD/KUALA LUMPUR (Reuters) - A Pakistan International Airlines plane has been held back by Malaysian authorities due to a British court case over the jet’s lease, the airline said on Friday, adding it would pursue the matter through diplomatic channels.
The Boeing 777 aircraft was seized after a court order, an airline spokesman said, and alternative arrangements were being made for passengers due to fly from Kuala Lumpur back to Pakistan.
The case involved a $14 million lease dispute, a PIA official 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,” a PIA spokesman Abdullah H. Khan said in a statement.
“We were told that the plane has been impounded on a court order,” Khan said later in a video statement. “PIA’s legal team will pursue it in the Malaysian court, and we hope that we will resolve this issue as soon as possible.”
According to orders passed by the Kuala Lumpur High Court on Thursday seen by Reuters, the plaintiff of the case is Peregrine Aviation Charlie Limited and the matter pertains to two jets leased to PIA by Dublin-based AerCap, the world’s largest aircraft lessor, in 2015.
They are part of a portfolio that AerCap sold to Peregrine Aviation Co Ltd, an investment unit of NCB Capital, the brokerage arm of National Commercial Bank SJSC, in 2018.
According to the interim injunction, PIA is restrained from moving two aircraft in its fleet – a Boeing 777- 200ER with serial number 32716 and a Boeing 777- 200ER with serial number 32717 – once they have landed or parked at Kuala Lumpur International Airport until a further hearing on the matter later this month.
Tracking data from Flightradar24 showed only one of the two Boeing 777s covered by the court order is currently in Kuala Lumpur. The other was last recorded in Karachi last month.AerCap, which continued as part of the agreement to provide lease management services to Peregrine, declined to comment.
Malaysia Airports Holdings Berhad, the country’s airport operator, and its subsidiary were ordered to make sure the aircraft do not leave Kuala Lumpur International Airport.
Malaysia’s Ministry of Transport said in a statement on Friday that the aircraft was being held pending legal proceedings set for Jan. 24.
Malaysia Airports Holdings Bhd said the matter was not related to airport operations.
PIA in a statement described the situation as “unacceptable” adding that it had asked for support from Pakistan’s government to raise the matter diplomatically.
The office of Malaysia’s prime minister and the foreign ministry did not immediately respond to requests for comment.
Pakistan’s High Commission in Malaysia was “in close contact with the relevant Malaysian authorities and Pakistan International Airlines to address the issue,” ministry spokesman Zahid Hafeez said, adding that the passengers would be flown home on Friday.
With more than $4 billion in accumulated losses, PIA was already struggling financially when flights were grounded last year due to the pandemic.
After it resumed operations in May, a domestic PIA flight crash in Karachi killed 97 of 99 people on board.
Pakistan’s aviation industry was then hit by a scandal in which pilots were found to hold “dubious” licences – prompting a number of countries to ban PIA from operating flights in their jurisdictions.
The airline was banned from flying to the European Union for six months over safety compliance concerns under a ban still in place.
Reporting by Charlotte Greenfield and Asif Shahzad in Islamabad, Syed Raza Hassan in Karachi, Joseph Sipalan and Liz Lee from Kuala Lumpur, and Tim Hepher in Paris; Writing by Gibran Peshimam; Editing by Jason Neely, Susan Fenton and Louise Heavens
Our Standards: The Thomson Reuters Trust Principles.
PIA plane 'impounded' in Malaysia over $14 million lease dispute
A Pakistan International Airlines plane has been held back by Malaysian authorities due to a British court case over the jet's lease, the airline said on Friday, adding it would pursue the matter through diplomatic channels.
Imran Khan
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south african company take back their ATR -72 from PIA before ending the leaseThis is not a matter where OIC or any other similar organization can help. This is a matter of breaking an agreement by one party without paying what is 'Legally' owed to the injured party according to the contract.
We have to understand that an international contract; whether Right or Wrong; is legally binding on both parties. Any time a company or a country unilaterally breaks it, the dispute to be decided according to the law of the country covering the contract. (Most agreements are under English Law). We have seen it already happen in the Recodiq case where Pakistan was fined $10-billion.
Here is how Reuters reports it.
PIA plane 'impounded' in Malaysia over $14 million lease dispute
By Charlotte Greenfield, Joseph Sipalan, Liz Lee
4 MIN READ
ISLAMABAD/KUALA LUMPUR (Reuters) - A Pakistan International Airlines plane has been held back by Malaysian authorities due to a British court case over the jet’s lease, the airline said on Friday, adding it would pursue the matter through diplomatic channels.
The Boeing 777 aircraft was seized after a court order, an airline spokesman said, and alternative arrangements were being made for passengers due to fly from Kuala Lumpur back to Pakistan.
The case involved a $14 million lease dispute, a PIA official 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,” a PIA spokesman Abdullah H. Khan said in a statement.
“We were told that the plane has been impounded on a court order,” Khan said later in a video statement. “PIA’s legal team will pursue it in the Malaysian court, and we hope that we will resolve this issue as soon as possible.”
According to orders passed by the Kuala Lumpur High Court on Thursday seen by Reuters, the plaintiff of the case is Peregrine Aviation Charlie Limited and the matter pertains to two jets leased to PIA by Dublin-based AerCap, the world’s largest aircraft lessor, in 2015.
They are part of a portfolio that AerCap sold to Peregrine Aviation Co Ltd, an investment unit of NCB Capital, the brokerage arm of National Commercial Bank SJSC, in 2018.
According to the interim injunction, PIA is restrained from moving two aircraft in its fleet – a Boeing 777- 200ER with serial number 32716 and a Boeing 777- 200ER with serial number 32717 – once they have landed or parked at Kuala Lumpur International Airport until a further hearing on the matter later this month.
Tracking data from Flightradar24 showed only one of the two Boeing 777s covered by the court order is currently in Kuala Lumpur. The other was last recorded in Karachi last month.AerCap, which continued as part of the agreement to provide lease management services to Peregrine, declined to comment.
Malaysia Airports Holdings Berhad, the country’s airport operator, and its subsidiary were ordered to make sure the aircraft do not leave Kuala Lumpur International Airport.
Malaysia’s Ministry of Transport said in a statement on Friday that the aircraft was being held pending legal proceedings set for Jan. 24.
Malaysia Airports Holdings Bhd said the matter was not related to airport operations.
PIA in a statement described the situation as “unacceptable” adding that it had asked for support from Pakistan’s government to raise the matter diplomatically.
The office of Malaysia’s prime minister and the foreign ministry did not immediately respond to requests for comment.
Pakistan’s High Commission in Malaysia was “in close contact with the relevant Malaysian authorities and Pakistan International Airlines to address the issue,” ministry spokesman Zahid Hafeez said, adding that the passengers would be flown home on Friday.
With more than $4 billion in accumulated losses, PIA was already struggling financially when flights were grounded last year due to the pandemic.
After it resumed operations in May, a domestic PIA flight crash in Karachi killed 97 of 99 people on board.
Pakistan’s aviation industry was then hit by a scandal in which pilots were found to hold “dubious” licences – prompting a number of countries to ban PIA from operating flights in their jurisdictions.
The airline was banned from flying to the European Union for six months over safety compliance concerns under a ban still in place.
Reporting by Charlotte Greenfield and Asif Shahzad in Islamabad, Syed Raza Hassan in Karachi, Joseph Sipalan and Liz Lee from Kuala Lumpur, and Tim Hepher in Paris; Writing by Gibran Peshimam; Editing by Jason Neely, Susan Fenton and Louise Heavens
Our Standards: The Thomson Reuters Trust Principles.
PIA plane 'impounded' in Malaysia over $14 million lease dispute
A Pakistan International Airlines plane has been held back by Malaysian authorities due to a British court case over the jet's lease, the airline said on Friday, adding it would pursue the matter through diplomatic channels.
aercap want to sqweeze PIA even planes are parked idle sister ship of this 777 AP-BMG is parked in pakistan since many weeks now . there is no bussniess how can we pay leasing amounts they should take them back .
POPEYE-Sailor
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MASHALLAH MASHALLAH FIRST PIA BANDED NOW AIRCRAFT SIEZE MERA CAPTAAAAN KI TEAM 
طیارہ ضبط ہونے پر وزیراعظم نے ائیر مارشل ارشد ملک کو دل ہی دل میں معطل کر دیا۔
طیارہ ضبط ہونے پر وزیراعظم نے ائیر مارشل ارشد ملک کو دل ہی دل میں معطل کر دیا۔
Imran Khan
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its a routine work almost every week a plane impounded somewhere .kaptaan se nafrat main banda itna bhi andha na hoMASHALLAH MASHALLAH FIRST PIA BANDED NOW AIRCRAFT SIEZE MERA CAPTAAAAN KI TEAM
طیارہ ضبط ہونے پر وزیراعظم نے ائیر مارشل ارشد ملک کو دل ہی دل میں معطل کر دیا۔
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Read Carefully what I mention Captaaan ki Team (THIS TEAM fkd IK DREAM).. who was responsible for PIA ban in Europe n USA flights ???
PIA CEO doesnot know about this issue why PIA does not pay 1 corer 56 lac $$ to company ??
lol I think its first time happen in PIA history...
Aur kaptaan ki mhbt mai insan itna handha b na ho galat ko Galat na kaha jaye ...!!
niaz
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I repeat, this not a matter of ethics or morally being in the right. Justice is notoriously portrayed as being 'Blind'. Therefore, regrettably, it is for the courts to decide who is liable to pay and if you do not abide by the Courts judgment, your property/ assets outside Pakistan can be attached and auctioned off to recover whatever is due according to the Court. Whether you like it or not that's what happens.
It is also true that trade goods, buildings, cargo ships, yaght are aeroplanes etc are routinely arrested due to the court cases.
It means all is well ?
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