AERO TRADING GROUP Corp

Aircraft broker Air Exchange sues Ego Airways

Aircraft broker Air Exchange sues Ego AirwaysAircraft broker Air Exchange sues Ego Airways

US aviation broker Air Exchange has taken legal action against Italian start up airline Ego Airways for breach of contract. The claim, brought in Milan, Italy, is for damages in excess of US$250,000 resulting from Ego Airways‘ completion of an aircraft lease, which Air Exchange claims is in total disregard of the exclusivity provisions of the mandate it signed with the company in September 2000. The suit was filed 15 July 2021 before Tribunale di Milano – Sezione Civile (Court of Milan – Civil Section)  Case No. 30717/2021. Despite being committed contractually to Air Exchange as its sole lease arranger until

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