Flair Airlines, one of Canada’s largest budget airliners, may have their licenses suspended in June, affecting travel plans across the nation.
This comes as a decision is to be made on June first to decide whether or not the company is “Canadian owned” enough to operate in the country. If the decision comes that they are, in fact, not Canadian-owned however the CTA will bar them from flying in Canada.
Back in April it was reported that the airline lost this status. A company is considered Canadian-owned if at least 51% or more of its voting interests are controlled by Canadians. A single non-Canadian individual can only possess 25% of the voting interests maximum.
As things stand however Flair CEO Stephen Jones has stated that they will not be halting their operations and that customers should “absolutely be comfortable” with flying Flair.
“I want to be really clear. We will not be grounded as a consequence of this review.”
The CTA is set to make a decision on June 1. Jones will hold a press conference in Edmonton to release official details of the agency’s decision as well as what’s next for the airliner.
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