Export Development Canada (EDC) and its wholly-controlled special purpose vehicle AJ Aircraft 1 Limited are suing ImperialJet Europe (JTI, Munich) and its majority owner Abed El-Jaouni over their failure to make rental payments on two Challenger business jets.

The matter, Export Development Canada (a Canadian Crown corporation) and Another v Imperialjet Europe GmbH and Another (case no: CL-2024-000697), is before the commercial bench of the UK High Court. The plaintiffs claim that the business jet operator owes it at least USD12.3…

Source: ch aviation
Read more: ImperialJet Europe sued over Challenger lease defaults