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Ukraine to auction Libyan An-124 Ruslan aircraft unless $1.2-mln debt paid
Journal Staff Report

KYIV, Oct 13 – Ukraine will auction the An-124 Ruslan heavy transport aircraft belonged to Libya if the country fails to pay a debt of $1.2 million for servicing and storing the aircraft, which was transferred to Kyiv-based Antonov State Enterprise by Libya in 2010, Ilyashev & Partners law firm reported.

The law firm said that Antonov appealed to Sviatoshynsky district court of Kyiv asking to permit the enforcement of a ruling of the International Commercial Arbitration Court at the Ukrainian Chamber of Commerce and Industry (UCCI) issued in May 2017 in favor of Antonov and ordered to collect UAH 32 million from the special transportation executive agency of Libya acting as the legal successor of Libyan state-owned airline Libyan Arab Air Cargo that brought the aircraft to Ukraine for servicing in 2010.




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