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Once the dominos start to fall, there is no stopping it. At this point, it's not if Flair will fail, but rather which day this week will it happen ! Quote:
P.S. nname, I think you can stop counting Flair bases and which aircraft will fly what route.....It's a pointless exercise. Always was ! |
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It's been really interesting to see how flair has expanded over the past two years. |
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Literally overheard a group of ladies in a coffee shop this morning - one said she was heading to Mexico next week and another shot back, "Hopefully not on Flair"! I'd be curious to see their booking trends... |
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WS has extended YXE-MSP to year-round, showing 3x weekly during the winter months.
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So much for the story Flair was spinning about only being slightly late with payments:
Flair Airlines missed payments for months before planes seized, lessor says ERIC ATKINS TRANSPORTATION REPORTER PUBLISHED 1 HOUR AGO The leasing company that seized four Flair Boeing 737s on the weekend said it did so only after the Edmonton-based discount airline “regularly” defaulted on millions of dollars in payments over a five-month period. The lessor, Airborne Capital of Dublin, worked with bailiffs to repossess four of Flair’s 19 jets late Friday and early Saturday at airports in Edmonton, Toronto and Waterloo, Ont. Officials issued lease termination notices that grounded the planes, and took the maintenance records and other documents ahead of one of the year’s busiest travel days. Flair chief executive officer Stephen Jones said he was surprised by the seizures. He said it was “aggressive” and “draconian” directed by impatient New York hedge funds because Flair was just US$1-million behind in its payments. He also says rival airlines are behind the move to reduce Flair’s fleet for competitive reasons. “It was a real surprise to me,” he said. But in a statement issued on Tuesday, Airborne said it “strongly rejects” Mr. Jones’s statements, and says the amount owed was in the millions of dollars. “The leasing of the four Airborne-managed aircraft was terminated following a five-month long period, during which Flair was regularly in default of its leases by failing to meet its payments when due, with payment arrears reaching millions of dollars,” said Airborne, in its first public comments on the matter.... https://www.theglobeandmail.com/busi...ssed-payments/ |
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Hope you're happy with not getting my money that I almost gave you for multiple flights this year which will be going to other airlines instead. |
And some more news stories.
Flair apologizes for cancellations after plane seizures, says leasing company in talks with competitor https://edmonton.ctvnews.ca/flair-ap...itor-1.6312579 Flair Airlines fumes about ‘underhanded skulduggery’ at Region of Waterloo airport while conceding it misled 628 passengers after cancelling Saturday flights https://www.therecord.com/news/water...y-flights.html |
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When the dust settles, the airport will have real-world data that they can use to pitch service to WestJet, Air Canada or Porter. They will be in a better position that they were in 2019. The assumes the market is there. |
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And I know that because AC always have far less departures in winter schedule compared to summer one. Quote:
That compared to 2-3 hours and risk of an IP ban just to pull the full data for AC... And WS will likely take even longer if I finally bother to write a script for them. |
Looks like Flair is eyeing Dominican next winter.
https://otc-cta.gc.ca/eng/ruling/a-2023-46 CTA approved their application on March 9th. |
That's if they last. Flair made it sound like they only missed one payment by accident but now that the lessor has come out and said their side of the story it doesn't look great...
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Air Canada and Porter also have more reasonable sized aircraft for these smaller airports than Flair. |
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