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17 Oct 2015 15:32 #274976
by chairman
Despite the 767’s cabin smelling like piss, Dynamic still wants the business
(PR Newswire)
Dynamic International Airways LLC launched a $97.7 million breach of contract lawsuit against Air India in New York Federal Court.
Air India sub-contracted Dynamic International Airways LLC (a/k/a Dynamic Airways or Dynamic) for the year 2013 and 2014 for carriage of holy pilgrims from India to Saudi Arabia round-trip.
Dynamic carried 47,976 passengers for Hajj 2014 and carried around 6000 passengers for Hajj 2013. Air India owes more than$8.8 million for Hajj 2013 and 2014. The complaint filed in the U.S. District Court for the Southern District of New York states that Air India has been using accounts reconciliation in bad faith in order to delay making any payments.
Due to long outstanding amounts, Air India decided that it does not want to continue its future business relationship with Dynamic. Dynamic had a reasonable expectation to collect revenues of around $42 million related to Haj 2015 and $42 millionfor Haj 2016. Because of Air India’s (anticipatory) breach of contract, Dynamic has lost expectation damages of not less than $84 million.
The case is Dynamic International Airways LLC v. Air India Ltd., Case No. 15-cv-7054(PKC), in the U.S. District Court for the Southern District of New York.
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17 Oct 2015 15:35 #274978
by ketchim
Oh Boy ! hahahaaa : IF money is owed it will affect the pilgrim's supplication.
Hajj should be free of any shenanigans ::LOL::
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vegito12
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19 Oct 2015 03:10 #275092
by vegito12
I reckon that when a contract is made and if one party decides to leave then they have to pay a penalty fee, which can be high and Air India has not done its bit in this case and will have a tough case. It will be interesting to see what Air India does and will have to pay the fees which are demanded, and the court fees which can be higher and it will depend on the case. It will be interesting to see what the company will do now in terms of business, which will mean making choices which are beneficial.
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Kwami
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19 Oct 2015 08:39 #275103
by Kwami
The congress party subsides air fares for Muslims who traveled to Saudi Arabia for the Haj . Modi stopped that practice.
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Dynamic suing Air India over loss of Hajj business
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