Iraq deposits $878m in Kuwait Airways Bombardier case

Canada's Quebec Supreme Court has ordered the lifting of a ban on three Iraqi airliners at the request of the Iraqi government, in return for a deposit of $878m in JP Morgan Bank in favour of the state of Kuwait, Al Watan Daily has reported. In 2008, Kuwait Airways had obtained from the Superior Court in Montreal orders seizing the interests of Iraqi Airways and Iraq in a $5bn Bombardier aircraft deal. The deposit will secure Kuwait's right until a final verdict is issued on the case. Bombardier was to deliver three out of the nine aircrafts that have been manufactured and handed over to Iraq Airways.