[12] In late 2018, the airline announced it had attracted investors in order to transition from chartered flights to scheduled operations, one of which included American private equity firm Indigo Partners, which had notably invested in other LCCs including Frontier Airlines, JetSmart, Volaris, and Wizz Air, and Enerjet subsequently planned to relaunch as an LCC during 2019.

[14] During the announcement, the airline made commitments for up to 46 Boeing 737 MAX 8 aircraft over the next seven years to meet the anticipated demand, with deliveries starting in early 2022, and that it would follow the low-cost carrier model for its operations.

[citation needed] Vijay Bathija was the airline's Chief Commercial Officer (CCO), with prior experience at Etihad Airways and Air Canada Rouge.

[21] Mike Woodward was the airline's Chief Financial Officer (CFO), with previous experience in the Energy and Banking Sector.

Mike has previously served as the CFO of Campus Energy Partners and Vice President of BMO Capital Markets.

[citation needed] Lynx Air flew (or planned to fly) to the following destinations by the time of its announced shutdown in February 2024.