Defunct Lynx Air selling off everything from life jackets, oxygen masks in bid to recoup losses

📆 5/24/2024 4:37 PM
📰 globeandmail

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The defunct discount carrier says in court filings that it has worked out deals with a pair of aviation companies abroad to sell parts and equipment ranging from seats to tires and transponders

Lynx Air is selling off everything from life jackets to oxygen masks as it tries to recoup a portion of the losses it suffered before filing for creditor protection earlier this year.

Any hope of gains on the airline’s nine aircraft themselves was dashed after the half-dozen leasing companies behind them cancelled their deals and took back the planes.

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