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Dynamic files US$97M lawsuit against Air India
Dynamic International Airways LLC has launched a US$97.7M breach of contract lawsuit against Air India, in a New York Federal Court.
According to a new statement, carried on PRnewswire, Air India sub-contracted
Dynamic Airways has filed a US$97M lawsuit against Air India.
Dynamic International Airways LLC (a/k/a Dynamic Airways or Dynamic) for the year 2013 and 2014 to transport holy pilgrims from India to Saudi Arabia—round-trip.
Dynamic carried a total of 47,976 passengers for Hajj 2014 and around 6,000 passengers for the previous year.
Dynamic claims that Air India owes more than US$8.8M for both years.
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 said that it had a reasonable expectation to collect revenues of around US$42M related to Hajj 2015 and $42 million for Hajj 2016.
Because of Air India’s (anticipatory) breach of contract, Dynamic claims that it has lost expectation damages of not less than US$84M.
Dynamic International Airways LLC is a US-owned carrier headquartered in Greensboro, North Carolina. It offers services from airports in New York, Guyana, Florida, Venezuela, and Hong Kong with its fleet of B767 wide body aircrafts.
Recently, the company added “International” to its official name as reflection of its transition into international long haul carrier.
Dynamic, using Roraima Airways as its local partner, has been flying the New York/Georgetown route since last year.
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