Aercap, the Irish aircraft leasing firm, is suing a subsidiary of Chinese airline Hainan for $7 million in missed payments.
Two subsidiaries of Aercap, Streamline Aircraft Leasing and Peregrine Aviation, have filed a claim in London against a company called Capital Airlines, which is a subsidiary of Hainan.
According to news reports in Airfinance Journal, Capital Airlines leases two Airbus A330-200s from Aercap.
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