PC Air sues Koreans for B1.5bn

Published: 10 Jan 2013 at 21.23
Online news: Aviation

PC Air, the privately owned Thai charter airline, has sued two South Korean business partners for 1.5 billion baht in compensation for damage to its reputation over a row which left 400 Thais stranded at Incheon International Airport in October last year.

The company had filed a complaint with local police in Incheon city against its South Korean sales agent, Skyjet, and oil company Jae Sin. Police were preparing to forward the case to prosecutors, PC Air’s chief executive Peter Chan told a press conference on Thursday.

PC Air accused the two companies of committing a financial crime by blackmailing it into paying them money through holding its passengers hostage.

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drsmith
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Discussion 3 : 11 Jan 2013 at 08.413
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Thailand's charter airlines are often under-funded and mismanaged, resulting in these kind of financial calamities. Leasing an aircraft with the hopes to make money via charter passengers is a losing proposition financially. One mechanical failure can down the aircraft stranding passengers. The fact there were open fuel bills that needed to be settled is evidence PC Air has not previously paid their bills. Thai's will soon wake up under ASEAN and realize all the bullying they get away with in Thailand does not work in any other countries. Without South Korea, PC Air's business is over. There will never win in court.
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pointman-1
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Discussion 2 : 11 Jan 2013 at 07.572
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PC Air will never win a lawsuit in South Korea. In fact, a foreigner, or a foreign company will never win a lawsuit in South Korea. I would warn any foreigner, "don't become involved in any financial transactions in South Korea, i.e., leasing property, or engaging in any type of property transactions because you'll end up losing your money." The South Korean legal system is set up to assist South Koreans only.
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bkkfarang1
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Discussion 1 : 10 Jan 2013 at 23.191
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I wish PC well, unfortunately the laws of Thailand do not exist anywhere else, so they have lost already. To pay a bill on the 11th, 3 days to clear and the other end pays on 19th is normal practice.
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PC Air sues Koreans for B1.5bn | Bangkok Post: business