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Malaysian court releases Pakistan national carrier's plane grounded over lease dispute 27 Jan 2021 A Pakistan International Airlines passenger plane prepares to take off from the Benazir International Airport in Islamabad. File / Reuters A Malaysian court ordered on Wednesday the immediate release of a Pakistan International Airlines (PIA) plane detained in the Southeast Asian nation nearly two weeks ago over a British court case about its lease. Malaysia seized the Boeing 777 aircraft on Jan.15 after a court allowed an application by lessor Peregrine Aviation Charlie Limited...

ANI | Updated: Jan 27, 2021 19:55 IST Islamabad [Pakistan], January 27 (ANI): Malaysia on Wednesday released a Pakistan International Airlines' (PIA) plane which was seized after the Pakistani carrier failed to clear the dues of the leasing firm. A PIA spokesperson told Geo News on Wednesday that the airline reached an agreement with the leasing firm for an out-of-court settlement after which the the Kuala Lumpur High Court ordered release of the plane, Geo News reported. "The airline will bring the plane back to the country as a commercial flight for wh...

A Malaysian court has ordered the immediate release of a Pakistan International Airlines (PIA) plane that was held back at Kuala Lumpur airport nearly two weeks ago due to a British court case over the jet’s lease. Malaysian authorities seized the Boeing 777 aircraft on January 15 after a court allowed an application by the plane’s lessor, Peregrine Aviation Charlie Limited, to keep it grounded pending the outcome of a $14m lease dispute with PIA in a United Kingdom court. The Kuala Lumpur High Court ordered the immediate release of the plane on Wednesday after both sides said they had re...