Tajik Air hopes for settlement with Lithuanian lessor

Tajik Air accounts seized over $20mn owed to lessor

The bank accounts of Tajik Air (7J, Dushanbe) have been seized in an effort to recover USD20 million demanded by Lithuanian company Skyroad Leasing, the latest development in a long-running legal dispute.

Sharif Nurzoda, a senior official with the Tajik government’s Enforcement Service, told reporters that the agency was acting in line with a Supreme Economic Court of Tajikistan decision from July 2021, which upheld a Vilnius arbitration court ruling in 2019 against the cash-strapped flag carrier.

“As part of the implementation of the decision of the Supreme Economic Court, all of the airline’s accounts were arrested,” Nurzoda said on July 20, as quoted by Radio Free Europe/Radio Liberty’s Tajik service, known locally as Radio Ozodi.

However, as the official admitted, the airline simply lacks the funds and owes a significant amount in taxes and other payments.

“The first thing the national air carrier has to do is pay off the wage arrears of its employees and its debts to the Tax Committee, but the airline has no money. It was because...

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