Flair Airlines owes $67 million in unpaid taxes as CRA opens door to seize carrier's property | CBC News LoadedFlair Airlines owes $67 million in unpaid taxes as CRA opens door to seize carrier's property
However, he said the Federal Court order obtained by the tax agency in November has no impact on the carrier's operations, which have expanded over the past year and ramped up competition with rival airlines, and that the company has agreed to settle the debt. The writ marks the latest chapter in a multi-year struggle to stay solvent and within regulatory lines, as the airline repeatedly crossed paths with the courts.
Flair alleges breach of contract, fraudulent misrepresentation in $50M lawsuit against leasing companies
Source: Real Estate Daily Report (realestatedailyreport.net)
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