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Wednesday,  April 17, 2024 6:02 PM 

Flair Airlines withdraws action against Peoples Trust

  • Air
  •   03-28-2024  5:32 am
  •   Pax Global Media

Flair Airlines withdraws action against Peoples Trust
Pax Global Media

Flair Airlines on Wednesday (March 27) announced that it has withdrawn its recent legal action naming Peoples Trust Company.

Earlier this month, the Edmonton-based ultra-low-cost carrier accused the Vancouver-based financial services firm of withholding $25 million in funds.

In a press release, Flair said the firm “played a crucial role in facilitating the regular transfer of funds to Flair Airlines'' for over a year, but in February, stopped sending regular transfers to the airline. 

In the release, Flair's CEO Stephen Jones would pursue a resolution through legal channels after trying to resolve the issue amicably. 

According to a statement issued Wednesday, though, it appears things have changed. 

“Flair Airlines is very pleased to have amicably resolved this matter, and we are grateful for their collaboration. We anticipate a strong summer performance as we move forward," Jones said in a statement. 

The update comes following a turbulent weekend at Flair. Last Saturday, the airline's website started malfunctioning and remained offline until Sunday. By Monday, some functions on the website were still unavailable, the airline wrote in an update on social media. 

Potential travellers on the discount airline were able to see prices, but when trying to book a flight a message was displayed saying, “We are currently experiencing a service interruption. Please check back soon.”

The cause of the outage was not publicly addressed.

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