The Complainant registered its CHEAPOAIR trademark in Canada in 2011. The Registrant added an "s" to the mark, and registered the Domain Name on January 18, 2016. The Panel found that the Domain Name was registered in bad faith because the Registrant directed users to a competitor's website. Additionally, the after receiving a cease and desist letter, the Complainant parked the page (offering it for sale), and never responded to the Complainant's offer to reimburse the reasonable costs associated with the registration and transfer of the Domain Name to the Complainant.
You can read the decision here.