On its website, the airline said, we will continue to operate the majority of our flights through this weekend.
The airline said it put tremendous work into growth after launching the Lynx brand two years ago, but that inflation, fuel costs, competition and other factors have ultimately proven too steep a mountain for our organisation to overcome.
Lynx, previously known as Enerjet, made its first flight in April 2022 and competed for leisure travellers against Air Canada and its Rouge subsidiary, WestJet and Flair Airlines.
Just a week ago, Lynx posted on X that it was adding a third country to its network with flights between Toronto and Cancun, Mexico.