Lynx Air cheap & low-cost carrier , based in Canada, said that it would close on Monday and that it would cancel a lot of flights over the weekend as well, leaving passengers rushing to book other tickets.
Lynx advised consumers to get in touch with their credit card issuer to inquire about receiving a refund for canceled flights when it announced the shutdown late on Thursday.
The difficulties discount airlines encounter in Canada are highlighted by Lynx’s demise: they must pay high aviation costs in a tiny market spread across a vast nation while attempting to offer inexpensive seats with a limited supply of venture money. Concurrently, the industry’s recent growth has intensified rivalry and expanded the selection of airlines available to travelers in both the US and Canada.
Early on Monday, the shutdown will go into effect. “We will continue to operate the majority of our flights through this weekend,” the airline stated on its website.
With its first flight in April 2022, Lynx—formerly Enerjet—opposed Air Canada and its Rouge subsidiary, WestJet, and Flair Airlines for leisure passengers.
Only one week prior, Lynx announced on X that it was expanding its network to include flights from Toronto to Cancun, Mexico, into a third nation.
About Lynx Air
The airline announced the change in name as Lynx Air on November 16, 2021, with plans to launch in the first quarter of 2022. In the announcement, the airline committed to operating under the low-cost carrier model and to ordering up to 46 Boeing 737 MAX 8 aircraft over the next seven years to match the expected demand, with deliveries beginning in early 2022.
The airline’s president and CEO, Merren McArthur, held these positions. In order to give the business time to recruit a replacement, she stayed in her position until September 2023 despite announcing her departure in June 2023.