Law360, London (August 29, 2020, 12:08 AM BST) -- An Irish airplane rental business has sued Beijing Capital Airlines Co. Ltd for more than $7 million in London over an unpaid lease agreement.
Streamline Aircraft Leasing Ltd., an airline rental business based in Ireland, alongside Irish airline finance company Peregrine Aviation Echo Ltd., is suing Chinese budget airline Beijing Capital Airlines for defaulting on rental payments, according to particulars of the claim filed Aug. 25.
The breach of contract suit arises from three separate leases for A330-200 aircraft, all entered into in 2015. The claim was filed in the High Court on June 16.
Beijing Capital Airlines owed almost $10...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!