Canada's Flair Airlines sees 777 Partners cut stake
Flair Airlines (F8, Kelowna) has announced that its long-time backer and investor 777 Partners has cut its stake in the business, saying that an unnamed "affiliate of Flair's largest senior lender" had acquired part of 777's shareholding in the carrier while also "providing new non-binding debt funding". It did not disclose the size of the [...]