Shareholder Portfolio Realignment furthers Flair's mission to make affordable air travel possible for all - in Canada, to Canada and from Canada.

VANCOUVER, B.C., May 1, 2024 – Flair Airlines, Canada's leading low-fare airline, known for delivering affordable airfare across Canada and North America, is pleased to announce that an affiliate of Flair's largest senior lender is acquiring a portion of the shares owned by 777 Partners and providing new non-binding debt funding.

"We are excited about this strategic evolution and the new financial commitment" said Stephen Jones, CEO & President of Flair Airlines. “We are grateful for their support as we chart the course for continued growth."

Flair Airlines is gearing up for its busiest season yet with summer travel demand soaring. The investment underscores Flair’s dedication to providing passengers with travel experiences at the most competitive fares in the market. With an unwavering commitment to reliability, and affordability, Flair is poised to meet the needs of travelers across Canada and beyond.