If you have a Flair Airlines flight booked for summer travel, you may want to double-check your boarding pass. The Edmonton-based discount carrierlast week for non-payment of US$1-million to Dublin-based Airborne Capital Ltd., Eric Atkins reports. Working with bailiffs, the leasing company grounded four Boeing 737s: two at Toronto Pearson Airport, one in Edmonton and one in Waterloo, Ont.
Flair recently paid its arrears to the Bank of China, butFebruary’s housing report from the Canadian Real Estate Association indicated this is the steepest house price correction at the national level in decades. The typical home in Canada has fallen by $132,000, or 15.7 per cent since last February –. In inflation-adjusted terms, national house prices have fallen nearly $168,000, a nearly 20 per cent decline.
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