Troubled Flyr, the Norwegian newcomer which launched flights in 2021 as the world was emerging from Covid-19, is to file for bankruptcy on Wednesday morning and has ceased all flying.
Several attempts to raise additional finance to keep the airline going have been unsuccessful, leaving the airline not enough cash to see it through the winter before the busy summer season arrives.
A message on the airline’s website states:
Flyr was unsuccessful with the new financial plan and the board concluded on Tuesday evening that there are no alternatives for further operation. The company will file for bankruptcy on Wednesday morning. Flyr has now ceased trading and all flights are cancelled and will not be rescheduled.
About Flyr
Flyr launched in mid-2021 – the brainchild of Erik G Braathen, a well-known Norwegian airline entrepreneur who has previously had commanding positions at Braathens and Norwegian Air Shuttle.
Operating a fleet of leased Boeing 737-800 and 737 Max 8 aircraft, the airline operated a low-cost model and competed with both Norwegian and SAS on domestic, regional and leisure routes.
Hitting hard as these competitors emerged from Covid (and Norwegian’s own near-bankruptcy), Flyr hoped to make inroads thanks to its modern branding and fleet, and attractive low fares.
However, after the first year of services it drastically cut back schedules to a leaner selection of the most profitable routes.
Flyr Fleet
At the time of closure, Flyr’s fleet comprised the following aircraft:
- LN-DYI Boeing 737-800
- LN-DYS Boeing 737-800
- LN-FGA Boeing 737-800
- LN-FGB Boeing 737-800
- LN-FGC Boeing 737-800
- LN-FGD Boeing 737-800
- LN-FGE Boeing 737 MAX 8
- LN-FGF Boeing 737 MAX 8
- LN-FGG Boeing 737 MAX 8
- LN-FGH Boeing 737 MAX 8
- LN-FGI Boeing 737 MAX 8
- LN-FGJ Boeing 737 MAX 8
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