Flair Airlines CEO looks to bid on Lynx planes after shutdown halts tentative merger | CBC News
Flair Airlines hopes to add some Lynx Air planes to its fleet, despite the failed merger.
Flair's CEO is concerned about being excluded from the bidding process for Lynx's assets, citing potential unfairness and anti-competitive outcomes. [ more ]
Flair Airlines owes $67 million in unpaid taxes as CRA opens door to seize carrier's property | CBC News
Flair Airlines owes the federal government $67.2 million in unpaid taxes related to import duties on their Boeing 737 Max jetliners. The Canada Revenue Agency obtained an order for the seizure and sale of the carrier's property.
Flair Airlines CEO Stephen Jones says they have a payment plan with CRA and are current with the plan, but the terms are confidential. The CRA looks to make arrangements with companies before seizing property or assets for collection. [ more ]
$30M lawsuit over plane payments 'premature at best,' top Flair Airlines investor says | CBC News
A $30-million lawsuit has been filed against Flair Airlines by plane-leasing firms over claims of missed payments.
Flair Airlines launched a $50-million court action of its own against the three leasing firms and Airborne Capital, which manages their planes, last year. [ more ]