Shareholder Portfolio Realignment furthers Flair’s mission to make affordable air travel possible for all – in Canada, to Canada and from Canada.
VANCOUVER, B.C., May 1, 2024 – Flair Airlines, Canada’s leading low-fare airline, known for delivering affordable airfare across Canada and North America, is pleased to announce that an affiliate of Flair’s largest senior lender is acquiring a portion of the shares owned by 777 Partners and providing new non-binding debt funding.
“We are excited about this strategic evolution and the new financial commitment” said Stephen Jones, CEO & President of Flair Airlines. “We are grateful for their support as we chart the course for continued growth.”
Flair Airlines is gearing up for its busiest season yet with summer travel demand soaring. The investment underscores Flair’s dedication to providing passengers with travel experiences at the most competitive fares in the market. With an unwavering commitment to reliability, and affordability, Flair is poised to meet the needs of travelers across Canada and beyond.
About Flair Airlines
Flair Airlines is Canada’s most trusted low-fare airline and its greenest airline, on a mission to provide affordable air travel that connects Canadians to the people and experiences they love. With an expanding fleet of Boeing 737 aircraft, Flair is growing to serve over 35 cities across Canada, the U.S., Mexico, the Dominican Republic, and Jamaica. For more information, please visit www.flyflair.com.