Flair Airlines CEO Stephen Jones says his budget carrier is at last running a smooth operation propelled by high passenger numbers,
“We do pay expensive debt,” he said, citing rates of 18 per cent on loans from 777 Partners, the Miami-based company that owns one-quarter of the airline.
A Facebook page dedicated to Flair passenger woes continues to log issues, but features fewer complaints than a year ago, when travel chaos descended on a sector unprepared for the surge in post-pandemic demand. Barry Prentice, who directs the University of Manitoba’s transport institute, said it’s the shoulder seasons of fall and spring that can hurt a carrier’s bottom line, especially for leisure-focused airlines like Flair and Lynx Air, a low-cost carrier that launched last year in a now-crowded market.
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