Tag Archives: A budget Flai airline had 4 of its planes repossessed. Its CEO is blaming a conspiracy.

A budget Flai airline had 4 of its planes repossessed. Its CEO is blaming a conspiracy.

A low-cost Canadian upstart airline had four of its planes repossessed by New York-based aircraft lessor Airborne Capital on March 11, forcing the carrier to cancel multiple flights and leaving a trail of disgruntled passengers behind. Repossession of planes is rare in North America. Flair Airlines CEO Stephen Jones blamed “behind the scenes” scheming between… Read More »