Flair Airlines has filed a $50-million lawsuit against the leasing firms that seized four of its planes late last week and following a statement from one lessor that the airline had repeatedly missed payments over the course of recent months. The statement of claim, obtained by Global News, alleges the repossession of the planes was unlawful, invalid and non-compliant with the lease’s agreements.
- Major Flair Airlines investor says new lawsuit over plane payments ‘premature at best’
- Flair Airlines files $50M lawsuit against leasing firms over plane seizures