Flair Airlines has filed a $50-million lawsuit after four leased passenger jets in active use were allegedly repossessed in the middle of the night on March 11 by a creditor, causing the cancellation of dozens of flights.
Flair Airlines said in a March 15 news release that Airborne Capital took “unlawful and immeasurably destructive actions” at a time when many customers were travelling with children on spring break from school. The lawsuit claims damages and alleges breach of contract, fraudulent misrepresentation, and “conspiracy,” and further alleges there was a payment arrangement in place when the creditor took steps to seize the aircraft.
Calling the repossession of the four Boeing 737 Max aircraft—representing one-fifth of Flair’s 19-plane fleet—“unexpected and unwarranted,” the discount airline said it caused “enormous disruption” to the company’s customers….