Less than two years after entering the market, Lynx Air is winding down operations, making the Calgary-based airline the latest in a long line of Canadian discount carriers that have failed to take off. The company — which rebranded from “Enerjet” in 2021 — cited rising operational costs, high fuel prices, unfavourable exchange rates, increased airport charges and … Read more
Lynx Air, a Calgary-based airline that launched less than two years ago, says it will cease operations on Monday. The news came as the low-cost airline announced it had sought and obtained an initial order for creditor protection from the Court of King’s Bench of Alberta. “Over the past year, Lynx Air, has faced a number … Read more
The Central Bank of Nigeria (CBN) on Tuesday said it has completed the payment of all verified claims owed to foreign airlines by injecting an additional $64.44 million into the sector. The bank said the latest payment brings the total amount disbursed to the aviation sector to $136.7 million. The bank had on 8 January … Read more
