Canadian ultra-low-cost airline Lynx Air ceases operations on February 26 due to financial pressures.
Canadian ultra-low-cost airline Lynx Air is ceasing operations on February 26 after filing for creditor protection due to financial pressures including high fuel prices, inflation, and competitive market conditions. The airline, which launched in April 2022, has faced multiple challenges and was unable to secure enough financing to continue operating. Passengers with existing bookings have been advised to contact their credit card companies for refunds.
February 23, 2024
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