A Lynx Air logo is shown in this undated handout photo. Low-cost carrier Lynx Air says it is ceasing operations on Monday after filing for creditor protection. THE CANADIAN PRESS/HO, Lynx Air *MANDATORY CREDIT*
CALGARY – Low-cost airline Lynx Air says it is ceasing operations on Monday after filing for creditor protection.
The Calgary-based airline says it has obtained an initial order from the Alberta Court of King’s Bench under the Companies’ Creditors Arrangement Act.
In a statement announcing the shutdown, the airline cites “significant headwinds” over the past year including rising costs, high fuel prices, exchange rates, increasing airport charges and a difficult economic and regulatory environment.
Lynx says flights will be operating until 12:01 a.m. MT on Monday.
It is advising passengers with existing bookings to contact their credit card company to secure refunds for pre-booked travel.
Lynx Air’s inaugural flight took off less than two years ago, in April 2022.
This report by The Canadian Press was first published Feb. 22, 2024.
