Less than two years after entering the market, Lynx Air is winding down operations, making the Calgary-based airline the latest in a long line of Canadian discount carriers that have failed to take off.
The company — which rebranded from “Enerjet” in 2021 — cited rising operational costs, high fuel prices, unfavourable exchange rates, increased airport charges and a challenging economic and regulatory environment as reasons for the shutdown.
Other low-cost and ultra low-cost carriers have recently faced difficulties operating in the Canadian market. After functioning as a standalone carrier, Sunwing Airlines was absorbed into WestJet’s regular operations last year for streamlining purposes. Swoop Airlines was met with
