Sri Lanka News

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A-321 leased to Mihin Air taken away by its Turkish owner

mihinlankaAn 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.

via efax

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February 22, 2008 - Posted by | World News

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