23 Hrs
Source:
تونزي تيليغراف
Tunis air cargo dispute over engine recovery
The Tunisian air freight company "Express Air Cargo" has entered into an international legal dispute with Irish engine services firm "Eolus Engines." Eolus has obtained a court ruling allowing it to recover two "CFM56-3" engines linked to a leasing agreement. However, the case does not involve an accident or technical malfunction; rather, it is related to a financial dispute over the Tunisian company's obligation under a high-value engine leasing contract. It is worth noting that the two engines were in a maintenance facility in Italy and are considered valuable financial assets, subject to strict international leasing agreements. "Express Air Cargo" may face operational and financial challenges as a result of this dispute, which highlights the difficulties faced by the aviation sector in managing assets and international financing commitments.
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