Come Monday, Canadian travellers booked with the ultra-low-cost airline Lynx Air will be out of luck and its employees out of work.
Officials with the Calgary-based company announced Thursday evening that it is ceasing operations, effective 12:01 a.m. MT on Feb. 26, after filing for creditor protection.
Lynx Air has advised passengers with existing bookings to contact their credit card company to secure refunds for pre-booked travel.
The airline said it was unable to overcome compounding financial pressures associated with inflation, fuel costs, exchange rates, cost of capital, regulatory costs and competition in the Canadian market.
“It is with a heavy heart we leave the skies,” Lynx said in
→ Continue reading at BIV