Aviacapital to pursue lawsuit against Airbus for four undelivered Aeroflot A350s

Aviacapital Service (AKS), a Russian leasing firm is planning to continue to pursue a lawsuit against Airbus, despite Airbus returning almost $200 million in advance to Aeroflot for four undelivered A350s. The lessor is seeking the return of a further $5.1 million in advance payments handed to Airbus for future aircraft deliveries. Aviacapital Service has filed the suit against Airbus with the Moscow Arbitration Court on December 13th seeking the restitution of $5.1 million paid in advance to Airbus. “The returned advances were intended for Aeroflot. As for the lawsuit, it does not apply to the relationship between Aeroflot and Airbus,