Vietjet’s plan to enter the Australian domestic aviation market has been thrown into further doubt after a UK court granted a receiver access to the airline’s ticket revenue and new planes.
Just a week after a worldwide freezing order was placed on Vietjet’s assets, Justice Christopher Butcher in the UK High Court of Justice ordered receiver Alvarez and Marsal to be given control over the low-cost Vietnamese airline’s assets, including its prized order book of 300 new planes.
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