Discount carriers Flair Airlines and Lynx Air in merger talks, industry insiders say
Airline industry sources say a merger between discount carriers Flair Airlines and Lynx Air could be announced as soon as Thursday. Flair declined to confirm or deny the two carriers were in advanced discussions about a potential alliance. “As a company policy, we refrain from commenting on rumours or speculation. Our focus remains on delivering value to our customers and stakeholders through our products and services,” airline spokesperson Gabrielle Poirier said in an email. Lynx didn't immediately respond to requests for comment. Three separate industry sources, however, confirmed to the Star that the two airlines are in discussions about a potential merger, and said a deal could be announced as soon as Thursday. The sources all said, however, that the exact timing and structure of a deal remains to be seen. A report in industry publication The Airline Observer earlier this month said the two companies were in “advanced” talks about a deal that would see Flair take over Lynx. Flair currently has 20 planes in its fleet, while Lynx has eight.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2024-02-16/unaligned/discount-carriers-flair-airlines-and-lynx-air-in-merger-talks-industry-insiders-say
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Discount carriers Flair Airlines and Lynx Air in merger talks, industry insiders say
Airline industry sources say a merger between discount carriers Flair Airlines and Lynx Air could be announced as soon as Thursday. Flair declined to confirm or deny the two carriers were in advanced discussions about a potential alliance. “As a company policy, we refrain from commenting on rumours or speculation. Our focus remains on delivering value to our customers and stakeholders through our products and services,” airline spokesperson Gabrielle Poirier said in an email. Lynx didn't immediately respond to requests for comment. Three separate industry sources, however, confirmed to the Star that the two airlines are in discussions about a potential merger, and said a deal could be announced as soon as Thursday. The sources all said, however, that the exact timing and structure of a deal remains to be seen. A report in industry publication The Airline Observer earlier this month said the two companies were in “advanced” talks about a deal that would see Flair take over Lynx. Flair currently has 20 planes in its fleet, while Lynx has eight.<br/>