Flair Airlines passengers were \u0022impacted\u0022 after four of its leased aircraft were seized in a \u0022commercial dispute.\u0022 Find out more
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A statement from the air carrier called the move by “a New York-based hedge fund” to take the aircraft “extreme and unusual.”Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.
Company spokesman Mike Arnot said a number of Flair flights were cancelled Saturday morning, but the company had three spare aircraft to backfill those flights. Arnot says passengers travelling in the next 72 hours will either be accommodated on Flair flights or another airline at Flair’s expense if a Flair flight isn’t available.
An update from the company later Saturday added that customers can also rebook their own travel and receive a reimbursement within seven days.
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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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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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