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Repo: Airplane Edition

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flyvertosset Posted: Thu, Jan 17 2013 5:20 AM

Don’t forget to pay off your airplane or you just may lose it. Repossessions aren’t a very pleasant experience for those involved, so how do you think 130 passengers reacted as the 737 they were patiently waiting for at St. Petersburg-Clearwater International Airport was seized by a creditor? The passengers gained a crazy story to tell friends and family, but Vision Airlines is now out a plane.

CTS Engines of Ft. Lauderdale has sued Vision claiming the airline owes about $75,000 for the 737 jet, the Tampa Tribune said. A judge in Broward County recently signed a "writ of attachment'' that allowed CTS to seize the plane. On Monday, CTS requested that the plane be taken off the runway. The seizure occurred while passengers where waiting at the gate for a flight to Gulfport, Miss., the Tribune said.
 
Vision officials reacted angrily to the incident. Company senior vice president David Meers called it an "ambush" and said of CTS, "they're going to pay," according to the Tribune.

Source: Tampa Bay Business Journal

Gravity always wins!

 
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