Flair Airlines accuses Peoples Trust of withholding $25M, implements alternative payment system.
Flair Airlines accuses financial services firm Peoples Trust of withholding $25M; claims the firm ceased regular transfers in February. Flair CEO Stephen Jones says the airline has implemented an alternative payment processing system to avoid disruptions for travellers. The airline plans to pursue a resolution through legal channels. Peoples Group, the parent company of Peoples Trust, stated it "always maintains robust standards around the management of funds."
March 13, 2024
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