BREAKING NEWS

Israir plane seized over alleged debt in Portugal

An Israir Airbus A320 that landed in Lisbon was sezied by Portugese Authorities Monday over an alleged debt, Israeli media reported Tuesday.
The debt centers around a seven-year-old legal dispute with EuroAtlantic air centers on Israir's use of EuroAtlantic carriers to operate flights to New York. Portugal's Supreme Court ruled in favor or EuroAtlantic last year, but Israir said the seizure was a pressure tactic designed to take it customers hostage.
The Israeli airline said it had already made provisions to pay out $2 million to EuroAtlantic, but EuroAtlantic claims it is owed tens of millions of euros.
The confiscation threw off Israir's flight schedules, causing delays and cancellations.