Flair Airlines cancels flights after four planes seized in commercial dispute
March 11 Airlines had four aircraft seized on Saturday as a result of a commercial dispute with a New-York based hedge fund and aircraft lessor, resulting in flight cancellations, a spokesman for the ultra-low cost carrier said., a tiny ultra-low-cost-carrier, said the seizures were "extreme and unusual actions" for falling behind on its leases and payment has been initiated.
Two aircraft were seized in Toronto, one in Edmonton and a fourth in Waterloo and the move comes at the start of the busy March break travel period in Canada.Flair Airlines has been involved in ongoing communications with the lessor and payment has been initiated, as they have been previously done."said it will use additional planes to minimize the impact on passengers and did not foresee any major disruptions to its route map.
"We are truly very sorry passengers were impacted today, and are taking steps to get them on their way with minimal disruption," the spokesman added.
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4 Flair Airlines planes seized amid ‘extreme’ action in commercial dispute - National | Globalnews.caIn a statement to Global News Saturday, a spokesperson for Flair Airlines said a 'commercial dispute' with a New York-based hedge fund and lessor had impacted four of its planes.
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Flair Airlines has four planes seized after falling behind on its leasesCanada\u0027s Flair Airlines had four aircraft seized on Saturday as a result of a commercial dispute, resulting in flight cancellations.
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Flair Airlines has four planes seized causing March Break flight cancellationsThe discount airline said the seizures were \u0027extreme and unusual actions\u0027 for falling behind on its leases and payment has been initiated.
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Flair Airlines has four planes seized in commercial disputeFlair Airlines had four aircraft seized on Saturday as a result of a commercial dispute with a New-York based hedge fund and aircraft lessor, resulting in flight cancellations, a spokesman for the ultra-low cost carrier said.
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