Flair launches $50-million lawsuit against leasing companies after plane seizures

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MONTREAL — Flair Airlines has filed a $50\u002Dmillion lawsuit against several plane\u002Dleasing companies over the “unlawful” seizure of four of its aircraft last…

None of the allegations in Flair’s lawsuit have been tested in court.

“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.Article content

CEO Stephen Jones has said the disruptions could mean fewer aircraft and a slimmed-down schedule this summer. Claiming substantial damages, the court filings say Airborne Capital “misled” the carrier and that another company agreed to buy or lease the aircraft. On those grounds, Flair has alleged breach of contract, fraudulent misrepresentation and “conspiracy.”

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