The private investment firm 777 Partners, which owns airlines in Canada and Australia, is facing legal action in the UK over unpaid aircraft leasing fees and damages. Three aircraft lessors are chasing the firm for almost US$30m in unpaid fees and damages related to four aircraft leased to Flair Airlines, a Canadian low-cost carrier partly owned by 777 Partners.
The four planes were repossessed in March last year due to outstanding fees, causing operational issues.
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