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Owner takes away A-321 leased to Mihin Air
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<blockquote data-quote="ahamednishadh" data-source="post: 1478509" data-attributes="member: 4368"><p>An A-321 that had been leased to Mihin Air had been taken away by its Turkish owner, the Best Air, on February 14th, reports say.</p><p></p><p>Registered under no: IC-TVB in Turkey, the aircraft was given on lease to Mihin Air on March 26, 2007.</p><p></p><p>Last month, it made an emergency landing in Mumbai following a technical glitch.</p><p></p><p>After repairs, it was brought to Colombo a few days later.</p><p></p><p>Now, the owner has taken the A-321 away due to Mihin Air’s failure to fulfill its financial obligations under the leasing agreement.</p><p></p><p>Meanwhile, an A-320 registered in Bulgaria under LZ-BHB, leased by the local budget airline, will also be taken away by its owner in April, reports say.</p><p></p><p>A similar attempt earlier was prevented by paying part of the dues in installments, reports say.</p><p></p><p>Mihin Air presently conducts its charters only with this A-320, but has restricted its flights only to India and the Maldives due to the severe financial setbacks the airline is facing.</p><p></p><p><em>-lankadissent</em></p></blockquote><p></p>
[QUOTE="ahamednishadh, post: 1478509, member: 4368"] An A-321 that had been leased to Mihin Air had been taken away by its Turkish owner, the Best Air, on February 14th, reports say. Registered under no: IC-TVB in Turkey, the aircraft was given on lease to Mihin Air on March 26, 2007. Last month, it made an emergency landing in Mumbai following a technical glitch. After repairs, it was brought to Colombo a few days later. Now, the owner has taken the A-321 away due to Mihin Air’s failure to fulfill its financial obligations under the leasing agreement. Meanwhile, an A-320 registered in Bulgaria under LZ-BHB, leased by the local budget airline, will also be taken away by its owner in April, reports say. A similar attempt earlier was prevented by paying part of the dues in installments, reports say. Mihin Air presently conducts its charters only with this A-320, but has restricted its flights only to India and the Maldives due to the severe financial setbacks the airline is facing. [I]-lankadissent[/I] [/QUOTE]
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