Flair Airline jet seizures was ‘a last resort’ for missed payments, Irish leasing company says

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Airborne Capital bristles at allegations by the Canadian discount airline that the four jets were seized in collaboration with the airline’s larger competitors

The Irish leasing company which had four of Flair Airlines’ planes seized for nonpayment blasted the airline’s suggestion it had done so in collaboration with the Canadian airline’s bigger competitors, and said it had only seized the planes as a last resort.

“Airborne Capital strongly rejects the allegations that have been made by Flair Airlines in recent days,” an Airborne spokesperson said in a written statement. “Terminating an aircraft lease is always a last resort, and such a decision is never taken lightly. In this case, following numerous notices to Flair, it again failed to make payments when due and Airborne took steps to terminate the leasing of the aircraft,” said the spokesperson.

 

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