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Skyservice - Status Updates

 April 6, 2011
On April 6, 2011, the Honourable Justice J. Morawetz issued a decision in regards to the priority disputes and the application for aircraft seizure and detention orders.
The Applications of the GTAA, OMCIAA and NAV Canada for aircraft seizure and detention orders are not affected by the stay, are granted and are to be enforceable up to the full amount owing to GTAA, OMCIAA and NAV Canada. The motions brought by the Aircraft lessors for the requested declaration in respect of the entitlements of the Airport Authorities and NAV Canada are dismissed. If the parties are unable to reach agreement in costs, written submissions to a maximum of four pages may be filed within 30 days by the parties.

 
 October 14, 2010
In accordance with Orders issued on October 14th, 2010, the Honourable Justice J. Morawetz approved the sale of the hangar and associated steps to complete the transaction, as well as an interim distribution to Thomas Cook Canada Inc.

 
 March 31, 2010
On March 31, 2010, FTI Consulting Canada Inc. was appointed as Receiver pursuant to an Order of the Ontario Superior Court of Justice of all the assets, undertakings and properties of Skyservice Airlines Inc.

 

Contact FTI

FTI Consulting
TD Waterhouse Tower
79 Wellington Street West
Suite 2010, P.O. Box 104
Toronto, Ontario M5K 1G8

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