Saudia Airlines faces claim over 50 leased Airbus planes: documents

State-owned Saudi Arabian Airlines is facing a claim in London's High Court filed last month by a Dubai-based financial services firm over an alleged breach of lease agreements of 50 Airbus aircraft, court documents showed. Alif Segregated Portfolio Company, which specializes in shariah-compliant aircraft leasing, has filed a complaint against the Jeddah-based carrier, also known as Saudia, in which it could seek at least $460 million in unpaid rent and maintenance cost. Alif also demands… (www.msn.com) المزيد...