Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
AAX wants to set aside BOC Aviation foreign judgement demanding the carrier pay US$23.3m...
This is for BOC Aviation to seek AAX and AAX Leasing, both of which are classified as judgement debtors, to pay judgement creditor the sum of US$23.37 million (RM96.84 million) that comprised:
the sum of US$22.97 million (inclusive of interest to June 30, 2020) claimed in the proceedings, and
US$401,386.85 in respect of interest between July 1 and Nov 6, 2020.
Both companies are also required by the British courts to pay costs of £75,000 to BOC Aviation.
Meanwhile, at Ong's court, there will be a continued scheme hearing on Jan 14, as it is understood that AAX also was not granted an ad-interim restraining order today against its creditor where Ong fixed the same date (Jan 14) as case management.
Aax already sold the all the plane and return back to owner such mitsubishi and etc please do not buy this counter now they only concentrate to the domestic only