Willis Lease Finance Corporation has issued a Notice of Continuing Event of Default, Demand for Payment, and Demand to Return to TAR Aerolíneas. Willis Lease Finance states that the notices have been issued for TAR Aerolíneas’ “failure to pay amounts due and its refusal to return a leased AE3007, currently installed on Embraer RJ145LR (Registration No. XA-AFH) and being utilized for Mexicana flights”.

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