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The filings in Ontario Superior Court state that a trio of leasing companies found a better deal for the planes with a third party and then set Flair up for default.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter.
Flair also claims the lessors — Columba Lights Aviation Ltd., Corvus Lights Aviation Ltd., and MAM Aircraft Leasing 4, all based in Ireland — carried out the allegedly “malicious” seizures despite having made no objection to an arrangement put forward by Flair that would see it initiate payment early this week.
Claiming substantial damages, Flair further says leasing management company Airborne Capital Inc. “misled” the carrier and that another Dublin-based company agreed to a deal to buy or lease the aircraft, leading Flair to claim of breach of contract and “conspiracy.” The suit in the Ontario Superior Court of Justice mark the latest blow in a back-and-forth between the discount carrier and its lessors, with Airborne Capital stating Tuesday that Flair routinely missed payments over the past five months, resulting in the plane seizures.
Malicious? Seizure for nonpayment is not unusual.
Help! Someone’s holding me accountable!
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