Aircraft leasing company Airborne Capital seized four Flair Boeing 737s after the airline fell behind in its lease payments
Flair Airlines’s chief executive officer tried to assure customers and employees that the Edmonton-based discount carrier is in fine shape, days after four of its 19 aircraft were seized for missed lease payments.
In February, Airborne and another lessor, Bank of China Aviation, were offering a total of 11 Flair aircraft for lease to other airlines, according to two people familiar with the situation. The Globe is not identifying them because they are not authorized to speak publicly. Mr. Jones did not address questions from The Globe about past missed payments at the press conference on Monday, but said, “There is no business that doesn’t have some delays.”
Passengers complained they had no notice of the cancellations and were told they were not due compensation and not offered alternative flights until a week later.
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