Malaysian authorities have seized a Pakistan International Airlines aircraft at Kuala Lumpur International Airport due to a lease dispute.
The Malaysian authorities came to the decision to seize the aircraft after the airline failed to repay its loan of $4 million on Tuesday, May 29.
A Pakistani satellite news channel reported that the Pakistan International Airlines plane was seized due to a lease dispute. The country’s plane was detained for the same incident once before as well. This time their Boeing 777 aircraft has been impounded.
PIA had leased the aircraft from Malaysia. And now following the request of the lessee, a court has ordered the aircraft to be seized.
Previously, a Pakistan International Airlines flight with 170 passengers was seized at the Kuala Lumpur International Airport last year. The aircraft was held pending a legal dispute over failing the repayment of loans. At that time, the legal dispute was between the Pakistani airlines and another party in a UK court.
Back in the year 2020, the leasing company took Pakistan International Airlines to court after they had failed to repay their loan of $14 million. The aircraft was later released in exchange for diplomatic assurances.