The representatives of both parties informed a bench of NCLT last week that settlement terms had been reached, and thus requested an adjournment. The Court graciously granted the adjournment.
Islamabad [Pakistan], January 23 (ANI): The Pakistan International Airlines (PIA) on Friday informed the London High Court that it has paid around USD 7 million to Peregrine Aviation Charlie Ltd in the case related to two jets leased to it by the Dublin-based AerCap.