‘House of Cards:’ Bonza, Flair Backers Charged With Fraud
Two former leaders of the investment firm 777 Partners are accused of stealing $500 million.
Two former leaders of the investment firm 777 Partners are accused of stealing $500 million.
Last month, Air Canada revealed that it was proactively reducing capacity to popular leisure destinations in the U.S. in anticipation of reduced demand.
This week, Canadian low-cost carrier Flair Airlines announced an ‘On-Time Guarantee (OTG)’ initiative to compensate passengers for delayed and canceled flights.
Canada Jetlines, a small airline operating mainly from Toronto Pearson International Airport, announced it is grounding all flights.
The carrier will continue to operate all its flights regularly until 12.01 a.m. MST on Monday before shutting down its operations permanently.
Canadian carrier Flair Airlines is following up on the seizure of four of its aircraft by filing a $50 million lawsuit against Airborne Capital and several affiliated companies. As reported by Airline Geeks the airline’s passengers were subjected to cancellations during the spring break holidays by the seizure of the aircraft. In a statement issued […]
On Wednesday, Flair Airlines — the trending Canadian ultra low-cost carrier — announced that it would be filing a $50 million CAD ($36.4 million) lawsuit against a lessor that claimed the carrier had failed to make payments on one of its aircraft last week. The lawsuit against Airborne Air Capital — an Ireland-based lessor — was filed […]
Recently, passengers at multiple airports across Canada experienced flight delays and cancellations, after Flair Airlines had four aircraft seized by their lessor for non-payment. The travel interruptions came during the busy March break travel season in Canada. Leases Terminated for Four Boeing 737s Dublin-based aircraft leasing company Airborne Capital issued lease termination notices for four […]
Despite being the second largest country in the world with a very sparse population and vast distances among its main cities, air transport in Canada has not evolved as it has in most of the other G8 countries. The market is mainly controlled by two large carriers, Air Canada and WestJet, and fares are quite […]
After several months of uncertainty, the legal future of Canada’s Flair Airlines has been determined by the Canadian Transportation Agency (CTA). On Wednesday, the CTA ruled that the Edmonton-based low-cost carrier had satisfied concerns raised in a Preliminary Determination issued on 03 March 2022. The preliminary determination finding stated that ‘the influence of 777 Partners […]