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Old 03-14-2023, 08:59 PM
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AirBear
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Joined APC: Dec 2017
Position: Retired NJA & AA
Posts: 1,920
Default Hedge Fund Seizes 4 Budget Airline Jets

Low Budget Canadian airline "Flair" had 4 of their jets seized by a New York based hedge fund that held the lease. Apparently the airline was 5 days behind on payments worth roughly $1M.

https://www.businessinsider.com/flai...ge-fund-2023-3
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