Yet another controversy has surrounded the Pakistan International Airlines (PIA), and this time it is the company's monetary situation.

An aircraft of the PIA was seized at the Kuala Lumpur airport, while 170 passengers were on board.

Malaysian authorities seized a Boeing-777 of the PIA at the Kuala Lumpur airport following court orders against the company as the PIA had been proven guilty for non-payment of aircraft lease dues.

As per reports, the company owed money to the AerCap, a Dublin-based company.&nbsp;

The Pakistan company has now, after almost a week, paid nearly $7 million to the Peregrine Aviation Charlie Limited, local media reported.

"The claimant’s position is that the sums were paid today by the defendant (PIA)," AerCap's lawyer told the court this week.

PIA's payments were pending since July. As per the local reports, PIA owed $580,000 per month to the airliner which was due in the whole amount.

The leasing company had to, in the end, file a case against the Pakistan airlines in the London High Court. This case was filed in October 2020 and the official records read the charge to be non-payment of leasing fee, which was nearly $14 million and was due for nearly six months.

When the PIA had been informed about the non-payment, they had cited pandemic to be a reason, claiming the airlines had been badly hit following a worldwide lockdown.

However, the leasing company had been tracking the company's movement and appealed to the London High Court to issue an order of seizing the aircraft as per the international civil aviation leasing laws.&nbsp;

When the aircraft landed in Malaysia, the authorities seized the aircraft with the passengers on board, creating chaos.

Yet another controversy has surrounded the Pakistan International Airlines (PIA), and this time it is the company's monetary situation. An aircraft of the PIA was seized at the Kuala Lumpur airport, while 170 passengers were on board.

Yet another controversy has surrounded the Pakistan International Airlines (PIA), and this time it is the company's monetary situation. An aircraft of the PIA was seized at the Kuala Lumpur airport, while 170 passengers were on board. Malaysian authorities seized a Boeing-777 of the PIA at the Kuala Lumpur airport following court orders against the company as the PIA had been proven guilty for non-payment of aircraft lease dues. As per reports, the company owed money to the AerCap, a Dublin-based company. The Pakistan company has now, after almost a week, paid nearly $7 million to the Peregrine Aviation Charlie Limited, local media reported. "The claimant’s position is that the sums were paid today by the defendant (PIA)," AerCap's lawyer told the court this week. PIA's payments were pending since July. As per the local reports, PIA owed $580,000 per month to the airliner which was due in the whole amount. The leasing company had to, in the end, file a case against the Pakistan airlines in the London High Court. This case was filed in October 2020 and the official records read the charge to be non-payment of leasing fee, which was nearly $14 million and was due for nearly six months. When the PIA had been informed about the non-payment, they had cited pandemic to be a reason, claiming the airlines had been badly hit following a worldwide lockdown. However, the leasing company had been tracking the company's movement and appealed to the London High Court to issue an order of seizing the aircraft as per the international civil aviation leasing laws. When the aircraft landed in Malaysia, the authorities seized the aircraft with the passengers on board, creating chaos.

PIA aircraft seized at Kuala Lumpur with 170 passengers on board

A Pakistan International Airlines (PIA) plane with 170 passengers on board was held back in Malaysia over a lease dispute case between the cash-strapped national flag carrier and an Irish company pending in a UK court.&nbsp;

The PIA in a statement posted on Twitter said a Boeing 777 plane was stopped by the Malaysian authorities at the Kuala Lumpur airport with 170 passengers.&nbsp;

The national carrier has termed the decision to seize the plane as a "one-sided" court decision.&nbsp;

"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 statement said. It added that the passengers were being looked after an alternate arrangement for their travel have been finalised. It is an unacceptable situation and PIA has engaged support from the government of Pakistan to take up this matter using diplomatic channels, it said. A PIA spokesman said that a leasing dispute was going on between the PIA and an Irish company and the latter had filed a case in the UK six months ago and the Malaysian court took an ex-parte decision about the plane. Foreign Office spokesperson Zahid Hafeez Chaudhri said the Pakistan High Commission in Kuala Lumpur was in close contact with the Malaysian authorities to resolve the matter.&nbsp;

"Meanwhile, the passengers are being properly looked after an alternate arrangement for their travel to Pakistan have also been finalised," he said in a statement.&nbsp;

They will be departing Kuala Lumpur by a flight later tonight, he added. Shehbaz Gill, a government spokesman, said that PIA got the plane on lease 12 years ago and there was dispute about the payments and Malaysia had nothing to do with the despite but still the plane was held back in that country.&nbsp;

PIA has been going through difficult times since the crash of its airliner in Karachi last year which led to disclosure by the aviation minister that dozens of local pilots had fake documents.

A Pakistan International Airlines (PIA) plane with 170 passengers on board was held back in Malaysia over a lease dispute case between the cash-strapped national flag carrier and an Irish company pending in a UK court.

A Pakistan International Airlines (PIA) plane with 170 passengers on board was held back in Malaysia over a lease dispute case between the cash-strapped national flag carrier and an Irish company pending in a UK court. The PIA in a statement posted on Twitter said a Boeing 777 plane was stopped by the Malaysian authorities at the Kuala Lumpur airport with 170 passengers. The national carrier has termed the decision to seize the plane as a "one-sided" court decision. "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 statement said. It added that the passengers were being looked after an alternate arrangement for their travel have been finalised. It is an unacceptable situation and PIA has engaged support from the government of Pakistan to take up this matter using diplomatic channels, it said. A PIA spokesman said that a leasing dispute was going on between the PIA and an Irish company and the latter had filed a case in the UK six months ago and the Malaysian court took an ex-parte decision about the plane. Foreign Office spokesperson Zahid Hafeez Chaudhri said the Pakistan High Commission in Kuala Lumpur was in close contact with the Malaysian authorities to resolve the matter. "Meanwhile, the passengers are being properly looked after an alternate arrangement for their travel to Pakistan have also been finalised," he said in a statement. They will be departing Kuala Lumpur by a flight later tonight, he added. Shehbaz Gill, a government spokesman, said that PIA got the plane on lease 12 years ago and there was dispute about the payments and Malaysia had nothing to do with the despite but still the plane was held back in that country. PIA has been going through difficult times since the crash of its airliner in Karachi last year which led to disclosure by the aviation minister that dozens of local pilots had fake documents.

PIA passenger aircraft 'held back' at Kuala Lumpur airport over lease dispute

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PIA aircraft seized at Kuala Lumpur with 170 passengers on board

PIA passenger aircraft 'held back' at Kuala Lumpur airport over lease dispute