World Airline News

World Airline News

World Airline News

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Hong Kong Airlines believes it can resolve the issue with Team Cignus

December 11, 2010 —

Hong Kong Airlines Airbus A330-243F F-WWKU (msn 1051) TLS (first A330-200F freighter), originally uploaded by Airliners Gallery.

Hong Kong Airlines (Hong Kong) is meeting with Team Cignus Limited to resolve a payment dispute for an aircraft lease contract.

Team Cignus filed a petition on December 6 in the Hong Kong High Court seeking to liquidate the airline in order to recover the overdue aircraft lease payments.

Read the full report from Bloomberg:

CLICK HERE

Copyright Photo: Please click on the photo for additional details.

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