Canadian ultra-budget carrier to shut down

Canadian ultra low cost carrier Lynx Air is shutting down just two years after starting operations.

The Calgary-based carrier confirmed that flights will cease from Monday.

Lynx operates a fleet of Boeing 737s on Canadian domestic routes and to the US.   

A company statement said: “Tremendous work was put into the growth and expansion of Lynx Air over the past two years, offering Canadians a low-cost, seamless travel experience. 

However, the compounding financial pressures associated with inflation, fuel costs, exchange rates, cost of capital, regulatory costs and competitive tension in the Canadian market have ultimately proven too steep a mountain for our organisation to overcome. 

“It is with a heavy heart we leave the skies. We hope in our absence that our vision to inspire more Canadians to fly leaves its mark on our passengers. 

“Lynx Air will cease flight operations as of 12:01am on Monday, February 26.

“Our passengers are our priority, and to ensure we bring as many of our travellers home as possible, we will continue to operate the majority of our flights through this weekend. If your flight is cancelled, you will be notified via email.”

The airline flew 620,000 passengers in its first year after launching with six B737s, rising g to ten in 2023.

Lynx had ambitious growth plans and aimed for a further 36 B737s, taking the fleet to 46 aircraft by 2028.

Chief executive Merren McArthur previously headed budget  carrier Tigerair Australia, Virgin Australia Regional Airlines and  Virgin Australia Cargo.

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