Flair Airlines say four of its planes are “not operational” after “extreme and unusual” actions by a U.S.-based lessor to seize the aircrafts amid a commercial dispute. Global News says it received an emailed statement on March 11 from a spokesperson for Flair Airlines who said a “commercial dispute” with a New York-based hedge fund and lessor had affected four of its planes. “Flair Airlines is aware of extreme and unusual actions taken by a New York-based hedge fund and lessor of certain Flair Airlines aircraft,” the spokesperson said. “The airline is aggrieved by this unprecedented action.” The CBC quoted an airline Read more
