Re: Flair Lynx Merger ?This is not a done deal yet, but looks promising. Since Flair wants to take over Lynx, will thet then put Edge on their planes. Seems likely, since Flair is the launch customer for the Edge on Boeing.
Flair Airlines & Lynx Air Reportedly Set To Announce Merger Plans BYVYTE KLISAUSKAITE PUBLISHED 2 DAYS AGO
The deal might be announced within weeks.
SUMMARY - Flair Airlines and Lynx Air are reportedly in advanced talks about a merger.
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- The potential merger could further consolidate the Canadian low-cost airline sector.
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- Generally, the goal of consolidation is to increase market share, reduce costs, and improve efficiency.
Canada's airline sector could be on the brink of a new merger involving two low-cost carriers. Flair Airlines and Lynx Air are reportedly preparing to unveil merger plans, according to multiple Canadian media outlets.
The Airline Observer, which initially reported the news on February 7, 2024, disclosed that both budget carriers are in advanced talks and that the deal could be announced within weeks. As part of the deal, Flair would take over Lynx Air.
Meanwhile,
The Toronto Star also covered the news. According to their report, three separate industry sources have confirmed that the two airlines are indeed in discussions about a potential merger. However, a deal's exact timing and structure remain to be seen.
Flair Airlines & Lynx Air Reportedly Set To Announce Merger Plans (simpleflying.com) Piper