Germans Seize Thai Prince’s 737 in Debt Dispute
Aviation International News » August 2011
July 31, 2011, 10:50 AM
A German bankruptcy administrator seized a private Boeing 737 used by Thailand Crown Prince Maha Vajiralongkorn as part of a long-running dispute between the Thai government and defunct German construction firm Walter Bau. At press time, the aircraft was still being held at Munich Airport. The dispute relates to alleged unpaid bills totaling €30 million ($42 million) from a 20-year-old contract to build Bangkok’s Don Muang Tollway highway. Thailand’s Foreign Ministry said that the aircraft seizure was “highly inappropriate.”
FILED UNDER:
Add your comment: