Airlines

Published on March 3rd, 2021 | by Alan Dwyer

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Air Moldova Aircraft Leaves Dublin

An Air Moldova aircraft that was impounded in Dublin Airport on 9th February on foot of a High Court order has been released. The aircraft was impounded after it arrived on a regular service from Chisinau. In the Courts last Friday, 26th February, the order detaining the aircraft was discharged after a settlement had been reached following talks between the parties. The dispute was between a Romanian aircraft leasing firm, Just-US Air Srl, and Compania Aeriana “Air Moldova” Srl.

The court granted the freezing order on the aircraft following a €4.2million arbitration award to Just-US Air Srl against the Moldovan airline. The aircraft was owned in an owner-trustee capacity by Bank of Utah while its head lessee was JET-i 2849 Leasing Ltd and its managing agent was BBAM Aviation service which managed the lease to Air Moldova for Bank of Utah. JET-I 2819 Leasing, as lessor, had entered into a lease arrangement with Air Moldova for the aircraft.

In a court hearing on Friday, Senior Counsel for Just-US Air Srl said that an agreement had been reached by all parties with just a number of items due to be clarified, the Judge adjourned the hearing until Tuesday when all matters would be resolved and he congratulated the parties for all the work they had put in to resolving what was a “tricky issue.”

The aircraft departed from Dublin Airport at 00.30 on the morning of Wednesday 3rd March as the MLD9016, positioning back to Chisinau.

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