National Private Air Transport Services Company (National Air Services) Ltd v Creditrade LLP and another

Contract – Construction. The Commercial Court held in a dispute between the claimant lessor and the defendant sub-lessees regarding redelivery of aircraft in agreement for waiver of rent, that the overall outcome was that the effect of the variation agreement was that the defendants were not liable for the rent for the period November 2012 to January 2013, but were liable for the rent for the period February to April 2013 without deduction.