![]() We will continue to fly and look forward to serving you now and in the future," the airline wrote.įlair’s growth will also slow this year due to delays at Boeing, which is answering to U.S. "We want to address today's media coverage and be clear that the Government is NOT seizing flair property & this situation does not impact our daily flight operations. On top of this, Flair is still on the hook for making payments of more than USD $7 million per month on its Boeing 737 leases and manage loans amounting to between US$200 million and USD $300 million.įlair took to social media platform X on Monday to address the situation, assuring customers that there are no "flair-ups" at the airline. "As a last resort, we may take additional legal collection actions such as seizing property or assets to protect the interests of the Crown," spokesperson Nina Ioussoupova told the outlet. ![]() The CRA told CBC News that it will typically come to an arrangement with companies "based on their ability to pay" before it seizes property to recover money. ![]() “The court-issued writ of seizure and sale was a belt-and-braces arrangement that they put in place if we were to fail on that plan - which we don't plan on doing.” "We have a plan in place with them for repayment of the outstanding amount," Jones told CP. However, Jones, characterizing the CRA as "understanding,” said it involves making monthly payments. The terms of the payment deal are confidential. The airline says it imported the planes to meet the "post-COVID travel demand."Įdmonton-based Flair now owes the CRA $67,174,123.37 (plus penalties, interest and other fees), according to court documents obtained by The Globe.Īrrangements to pay the amount have been made, with Jones saying the situation has no impact on Flair’s operations. READ MORE: Flair Airlines owes more than $67M in unpaid taxes The taxes were incurred after Flair imported 18 Boeing 737 Max aircraft, beginning in 2021, reports say. The comments came after a Globe and Mail report revealed that Flair owes more than $67 million dollars in unpaid taxes, prompting the Canada Revenue Agency (CRA) to obtain an order for the seizure and sale of the airline’s property. 29), Flair CEO Stephen Jones said 2024 “will be a more muted year,” saying that the airline will return to “growth mode” in 2025. In an interview with the Canadian Press on Monday (Jan. The head of Flair Airlines says he’s suspending the low-cost-carrier’s expansion plans for at least a year as the company grapples with mounting debt and aircraft delivery delays.
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