I think you are right. As this court case in Canada rolls on, more details will be revealed, the latest was they got 5 months behind in lease payments. I don't quite know what Flair is suing the lessor for? Bizarre. Likely will drop the case as they won't want financial details revealed to the market. Comments around "we couldn't afford to wet lease 4 more aircraft" when they got repossessed also highlights the cash crunch, so they took the Bonza aircraft instead. Other news out this week has Flair wet leasing one A320 for summer. Fair to say Bonza won't be getting anymore aircraft anytime soon. Flair going bust would certainly provide Bonza with a fleet boost, likely a watch this space, certainly looks like it's heading that way.
Last edited by PoppaJo; 4th Apr 2023 at 09:29.