Flair Airlines has filed a $50-million lawsuit against several plane-leasing companies over the"unlawful" seizure of four of its aircraft over the weekend.
"The lessors sent agents to seize the aircraft in the middle of the night as passengers were boarding planes for spring break vacations." "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," the company said in a statement Tuesday.
The airline claims the lessors — Columba Lights Aviation Ltd., Corvus Lights Aviation Ltd., and MAM Aircraft Leasing 4, all based in Ireland — carried out the seizures despite having made no objection to an arrangement put forward by Flair last Friday to initiate payment earlier this week.
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Flair launches $50-million lawsuit against leasing companies following plane seizuresFlair Airlines has filed a $50-million lawsuit against several plane-leasing companies over what it claims were unlawful seizures of four of its aircraft over the weekend. Flying FlairAirlines for the second time, cant wait! They were fantastic the first time. I've been a flight attendant for a few airlines over the years and been in the travel industry for over 19 years. Flair is great, they are needed in this industry, Canada needs options. Hope their lawyers demanded a retainer up front 😆 Well I guess deadbeat Flair should have paid it's bills on time!
Source: CP24 - 🏆 30. / 67 Read more »
Flair launches $50-million lawsuit against leasing companies after plane seizuresFlair Airlines has filed a $50-million lawsuit against several plane-leasing companies over the 'unlawful' seizure of four of its aircraft over the weekend. Probably took them back not because of Flair didn’t have money likely because leasing company got loans called by another woke bank that’s crashing
Source: CTVNews - 🏆 1. / 99 Read more »
Flair launches $50M lawsuit against leasing companies following plane seizures - BNN BloombergFlair Airlines has filed a $50-million lawsuit against several plane-leasing companies over what it claims were unlawful seizures of four of its aircraft over the weekend. Flair has no money to file a lawsuit...bye bye Flair Airlines
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Flair launches $50M lawsuit against leasing companies following 'malicious' plane seizuresThe suit in the Ontario Superior Court of Justice mark the latest blow in a back\u002Dand\u002Dforth between the discount carrier and its lessors Flair has the resources to launch a lawsuit but can’t pay the rent.
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Flair launches $50M lawsuit against leasing companies following 'malicious' plane seizuresThe suit in the Ontario Superior Court of Justice mark the latest blow in a back\u002Dand\u002Dforth between the discount carrier and its lessors
Source: ottawasuncom - 🏆 4. / 92 Read more »