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A merger between low-cost carriers Flair Airlines and Lynx Air could be announced as soon as this coming Thursday. The two Canadian airlines have not officially released any statements, but industry insiders feel the news is imminent.
Flair has had a rocky year. In November, the airline was ordered by the Canada Revenue Agency to pay $67.2 million in taxes. Last March, Flair had four of its planes seized after an Irish leasing company said it was behind on its payments. This is not the only merger news in recent history. Last year, WestJet acquired Sunwing Airlines and it will have the carrier fully integrated by October 2024.
Anthony’s Take: The low-cost carrier model is being questioned in both the US and Canada. Airlines like Spirit and Frontier have struggled in past months while legacy carriers were booming. We’ll have to wait for official word on this merger.
(Featured Image Credit: Sebastiaan Stam.)
(Image Credits: Lynx Air and Flair Airlines.)
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