Why do so many discount airlines fold?
Lynx Air, which filed for creditor protection Thursday, marks at least the eighth budget airline to take off and then fizzle out since 2000.
Source: calgarysun.com
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Why do so many discount airlines fold? Lynx Air is latest in a line of failures
Lynx Air, which filed for creditor protection Thursday, marks at least the eighth budget airline to take off and then fizzle out since 2000.
Source: winnipegsun.com
Lynx Air hoped its purchase by Flair would ease debt woes
Before its shutdown this week, Lynx Air hoped to pay off some of its debt to a top investor through a purchase by rival discount carrier Flair Airlines.
Source: stalbertgazette.com
Varcoe: Lynx Air shutdown prompts questions about Canadian ULCC market
The demise of Lynx Air shows the precarious nature of the ULCC market in Canada, with smaller discount airlines trying to gain a foothold.
Source: calgarysun.com
End to Lynx Air doesn't mean cheap airfare is over in Canada, experts say
Even with Lynx off the map, there are still several reasons ticket prices could remain affordable
Source: calgarysun.com