Russian Airline’s 737 Grounded in Alaska over Alleged Unpaid Bills

WASHINGTON, October 10 (RIA Novosti) – Russia’s Yakutia Airlines is currently one plane short, as a Boeing 737 in its fleet enters its third week parked on the tarmac at an Alaskan airport, thanks to a legal dispute over millions of dollars in alleged unpaid leasing fees, the Alaska Dispatch has reported.

The airplane was grounded Sept. 26 at the Ted Stevens International Airport in Anchorage when representatives of International Lease Finance Corp. (ILFC), which owns the airplane, presented the Yakutia Airlines captain with legal papers before takeoff, according to the Alaska Dispatch.

Eight passengers booked on the return flight to Russia were unable to complete their journey, although they eventually managed to do so via connections in Seattle, the paper reported.

ILFC launched its repossession effort after it claimed that Yakutsk-based Yakutia Airlines fell behind on payments on two 737s worth a total of $54 million it had leased from the firm, according to the Alaska Dispatch.

ILFC says it is owed $2.6 million and also complained in an Alaska court that Yakutia Airlines had failed to fulfill a contractual obligation to file an annual “technical evaluation report” one year after signing the 7-year leases.

ILFC is the largest aircraft leasing company in the world, with nearly 1,000 planes on lease internationally.


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