4 Flair Airlines planes seized due to trade dispute

Three planes were seized in Ontario, and another in Edmonton, Alberta.

Flair Airlines flights were canceled on Saturday after four of the Canadian carrier's planes were seized in Toronto, Waterloo and Edmonton, due to a trade dispute with a New York-based hedge fund and aircraft lessor. York.

Mike Arnot, the airline's spokesman, said the company had canceled a number of flights on Saturday morning, but it has three planes from replacement to fill these flights.

Mr. Arnot adds that passengers traveling within the next 72 hours will either be accommodated on Flair Airlines flights or on another airline, at Flair's expense, if one of its flights is not available. .

We are very sorry that passengers were affected today and we are taking steps to get them on their way with minimal disruption, the spokesperson said .

This incident comes at the start of a busy travel period due to March Break in Canada.

In a released statement On Saturday, the carrier says the foreclosures are extreme and unusual actions in late lease payments, and the payout has been initiated.

D' According to its website, the Alberta-based low-cost airline has flown passengers to more than 35 destinations – mostly within Canada and some local destinations. oits in the United States and Mexico – since its launch in 2017.

With information from Reuters