Flair Airlines say four of its planes are “not operational” after “extreme and unusual” actions by a U.S.-based lessor to seize the aircrafts amid a commercial dispute.

In an emailed statement to Global News Saturday, a spokesperson for Flair Airlines said a “commercial dispute” with a New York-based hedge fund and lessor had affected four of its planes. “Flair Airlines is aware of extreme and unusual actions taken by a New York-based hedge fund and lessor of certain Flair Airlines aircraft,” the spokesperson said. “The airline is aggrieved by this unprecedented action.” Read more: WestJet’s acquisition of Sunwing Airlines cleared for takeoff by Ottawa The spokesperson added that the airline was involved in ongoing communications with the company and “payment has been initiated.” “Flair Airlines will continue to engage in a consensual mediation with the lessor to remedy the situation,” the statement said.

For now, Flair is activating three spare aircrafts that it had planned to use in the summer. — More to come. With files from Global News’ Amanda Connolly

Read more on globalnews.ca

All news from globalnews.ca

The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Footage shows F1 driver Charles Leclerc chasing after watch thieves in Italy

Italy this week arrested four people in connection to a 2022 robbery of a luxury watch belonging to Formula One star Charles Leclerc – and shared footage of the driver chasing after the suspects that night in his custom-made Ferrari. The robbery was reported on April 18, 2022, in Viareggio, a seaside city in Tuscany. In a statement posted on Tuesday, local police said three men and one woman had been arrested after a months-long investigation. According to local reports, Leclerc was approached by one or more fans that night asking to take pictures.

Charles Leclerc Italy Australia county Park Monaco stars reports Citi Parke

Video shows abandoned migrant child drifting on Rio Grande; National Guard troop runs to rescue

drifting down the Rio Grande alone on a flotation device.In the footage, a Texas National Guard soldier is seen rushing to assist the floating child in Eagle Pass, Texas. A source told Fox News correspondent Bill Melugin that the child was rescued.The footage comes as the migrant crisis at the southern border continues to intensify. Rio Grande Valley Sector Chief Gloria Chavez announced in March that Border Patrol agents had officially reached a million migrant encounters since the fiscal year began in October.New video appears to show a migrant child drifting down the Rio Grande alone on a flotation device.

Bill Melugin state Texas county Eagle Mexico county Rio Grande county El Paso president 2020 crisis strain Southern

Frank founder Charlie Javice arrested in New Jersey on fraud charges

NEW YORK - The founder of Frank, a student loan assistance startup company that J.P. Morgan Chase acquired for $175 million two years ago, was arrested on charges that she duped the financial giant by dramatically inflating the number of customers her company had, authorities said.Charlie Javice, 31, of Miami Beach, Florida, was arrested Monday night in New Jersey on conspiracy, wire and bank fraud charges.A charging document in Manhattan federal court said she claimed her company had over four million users when it had fewer than 300,000 customers."This arrest should warn entrepreneurs who lie to advance their businesses that their lies will catch up to them."Authorities said Javice, who appeared on the Forbes 2019 "30 Under 30" list, would have earned $45 million from the fraud.Javice and her lawyer declined to comment as they left court after Javice signed a $2 million bond and agreed to curfew and possible electronic monitoring if court officers decide it is necessary. She also agreed not to contact key figures in the case — including investors — except for her mother and her mother's boyfriend.In a release, U.S.

Morgan Chase Williams New York state Florida state New Jersey city Manhattan city Miami Beach, state Florida information Government Forbes platform reports Provident

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

4 Flair Airlines planes seized amid ‘extreme’ action in commercial dispute

Related News