Spanish courts approve seizure of CEIBA Boeing 777 over debt saga

A Spanish court has upheld the decision of the Organisation for the Harmonization of Business Law in Africa (OHADA) that the government of Equatorial Guinea must repay XAF45.8 billion (USD74.6 million) to a jailed businessman, putting in jeopardy a B777-200(LR) owned by CEIBA Intercontinental (C2, Malabo), reports El Pais. (www.ch-aviation.com) Plus d'info...