[RSS] Lynx Air hoped its purchase by Flair would ease debt woes

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[RSS] Lynx Air hoped its purchase by Flair would ease debt woes

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ImageAccording to documents filed with the Alberta Court of King's Bench, proceeds from a tentative deal with Flair would have gone toward Lynx's $124.3-million debt to Indigo Partners, the U.S. private equity firm run by Bill Franke that owns one-quarter of Lynx.

Source: https://www.cbc.ca/news/canada/calgary/ ... 54?cmp=rss
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