Flair Airlines has four planes seized in commercial dispute

Flair Airlines had 4 plane seized on Saturday on account of a industrial dispute with a New-York primarily based hedge fund and plane lessor, leading to flight cancellations, a spokesman for the ultra-low value provider stated.

The lessor, Airborne Capital Ltd, declined to remark.

Alberta-based Flair, a tiny ultra-low-cost-carrier, stated the seizures have been “extreme and unusual actions” for falling behind on its leases and cost has been initiated.

Two plane have been seized in Toronto, one in Edmonton and a fourth in Waterloo and the transfer comes at first of the busy March break journey interval in Canada.

“The airline is aggrieved by this unprecedented action,” a Flair spokesman stated in assertion. “Flair Airlines has been involved in ongoing communications with the lessor and payment has been initiated, as they have been previously done.”

Privately-owned Flair stated it can use further planes to reduce the influence on passengers and didn’t foresee any main 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.

(Reporting by Nia Williams in British Columbia, Editing by Franklin Paul)