Canadian Airline Flair Airlines Poised for Growth with New Ownership and a Premium ULCC Brand

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JANUARY 16, 2018

FOR IMMEDIATE RELEASE

Flair Airlines Ltd., (Toronto, ON) Canada’s only low airfare carrier, today announced that Jim Scott, will assume the position of Chief Executive Officer of Flair Airlines and will be joined by Jerry Presley the company’s new Executive Board Chairman, representing the majority stakeholder investment group. The airline has made the announcement six months following the purchase of NewLeaf Travel Company’s assets in June 2017.  Flair Airlines Founder, and former President, Jim Rogers has sold his shares, but will remain on the Advisory Council until 2019.  “Flair is fortunate to have a talented executive like Jim Scott as its next leader. With significant plans to expand their route network and offering a premium ULCC service; there is simply no one better to take-on this challenge,” said Jim Rogers.

Scott, who is a former airline pilot with extensive airline operational experience is an entrepreneur at his core; having been responsible for founding, and raising start-up funds for other successful ventures. “I am looking forward to the challenge of leading the transformation of how and what Canadians should expect from a premium ULCC.  We will drive forward significant improvements in customer experience, operate with reliability and execute with an impressive team in a competitive market,” stated Jim Scott, Chief Executive Officer, Flair Airlines. 

Flair Airlines currently provides service from seven Canadian cities; Toronto, Hamilton, Winnipeg, Edmonton, Abbotsford, Kelowna and Vancouver with fares as low as $39 for short haul flights and $99 for longer haul routes like Toronto to Edmonton.  The company has plans to expand its route network and fleet with public announcements to be made shortly. “We believe in balanced growth, reducing our costs, elevating our brand story, and we will continue to invest in improving our customer experience,” noted Scott.

Flair Airlines transported over 400,000 passengers after entering the scheduled airline business, and under the premium ultra-low cost carrier model (ULCC) expects to fly nearly one million passengers in 2018.

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