https://www.upi.com/Archives/1992/12/29/American-Airlines-to-buy-one-third-of-Canadian-Airlines/2439725605200/#google_vignette Interesting flashback. That AA stake in Canadian Airlines was a big move at the time, though it didn’t ultimately save them from being absorbed into AC. Curious why you bro...

the sale values WS at around 2.2 billion USD , so quite a bit lower than the ~5 billion CAD figure ( 3.73B USD) when Onex first bought them. But that 2019 number included assumed debt and came in a very different market..pre-COVID. I don’t think anyone’s calling this a bad sign, but it’s also not th...

It's an injection of half a billion dollars invested into the airline along with an improved network across the airline that will benefit customers and contribute to long-term growth. It's a recognition of the value and the confidence Delta and Korean have in the airline. Umm....first of all the ai...

Can you please elaborate how an bigger, foreign airline, with its own set of ambition and goals, buying a minority stake of a smaller airline is unequivocally a good thing for everyone? Genuinely curious. It’s not a takeover, it’s a seat at the table. WestJet’s still 75% Canadian-owned ,Delta and K...

https://archive.is/f4P7R

From the globe and mail. Yup another scandal.

let’s not slap a fresh coat of paint on a plane that’s already losing altitude. The point about Flair’s hefty debt and potential losses is dead-on...profit isn’t just irrelevant...it’s a pipe dream right now. sure, some investors love a scalability story, but let’s be real.. you can’t scale debt and...

Budget Airline Flair Is Seeking to Borrow $150 Million (Bloomberg) -- Canada’s Flair Airlines Ltd. is looking to raise around $150 million of senior debt as part of an ongoing overhaul at the budget carrier. The firm, which said in August it was in talks to raise funds, is working with Haywood Secur...

Flair Airlines today launches $1 base fares. Designed to stimulate even more record breaking travel demand. VANCOUVER, BC, Aug. 26, 2024 /CNW/ - Flair Airlines, renowned for redefining affordability in Canadian aviation, is proud to launch its $1 base fare initiative, further cementing its position ...

Generating strong loads in Canada in the summer and during certain other times of the year is a given. Something would have to be really wrong if they didn't fill their planes.

Not really sure the investment community will be interested in an ipo, particularly because of the lack of good financial track record unfortunately. But of course that could very well improve snd change with time. The verdict is still out.

I wonder what the yields for their load factors were for summer. Guess we will find out in fall winter or so.

From their press release , typed by a 16 year old: Flair Airlines, a really cool airline that you should fly sometime, today released its July performance metrics. Flair again achieved the highest on-time performance and reliability for the month of July among all Canadian airlines. With an on-time ...

realised the error of their ways??? More like Porter is shaking things up and forcing them to compete. Free Wifi on the E2 -> Free messaging for Bell/Aeroplan members. Free Beer and Wine + Premium snacks -> Free Beer and Wine (But only in North America cause Porter hasn't screwed with us to the Car...

You will only have to pay if you did not sign up for westjet rewards beforehand. They don't plan to charge westjet rewards members as they did with the panasonic system. that method created poor value for customers. That’s such a positive for the customer, I’m shocked that it came out of the curren...

They already have wifi on their aircraft with Boingo. Presumably this is cheaper. Is it cheaper, or is it a better product to compete with Porter's high speed wifi? Starlink has a bit more bandwidth and a latency so low you can actually game on it. That said I wouldn’t be surprised if the free comp...

You only have to watch the special edition update call after the AME strike to learn they really don’t care about the brand hit caused by flight cancellations. Their words paraphrased - our guests are like goldfish and in their years of executive management, they have learned that everyone forgets ...

Liberals and their supporters here on this blog love Onex and all of the Elites, the eastern based powerful people. Pretty ugly to see. These are the senior pilots that think only them deserve to make a living wage, not AME’s junior pilots or anyone else Im a liberal , but i still hate corporate gr...

Id say it was the greedy corporate executives who led it to this point. The workers were going to strike due to the company not negotiating properly. Qu'ils mangent de la brioche Onex!

It is priceless today watching the back-and-forth blame game, mostly involving WJ management and the Minister of Labour. WJ management thought the ‘end run’ strategy worked. Wrong. The Minister of Labour misunderstood both his authority and that of the CIRB. It appears the only party that understoo...

either compensate properly or get out of business

https://www.paxnews.com/news/airline/cta-investigate-flair-compliance-canadian-ownership-rules Round number two Apparently one of their Canadian investors died in May, https://www.peacearchnews.com/obituaries/samuel-gerald-nelson-jerry-presley-7364787 Could be a factor in the cta investigation?

The ceo of Flair has been given the axe. Replacement search underway !

https://ca.finance.yahoo.com/news/flair ... 45611.html

More unfolding with 777 partners. https://archive.ph/234Ph A lawsuit has been filed Friday in federal court in New York by Leadenhall Capital Partners, a London-based asset management company. It claims it provided 777 Partners with more than $600 million in financing, only to discover that roughly ...

Were any of the repossessed planes the Flair dry lease planes or were they already wrapped up for the wet lease season?