All Flyr articles
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NewsFlyr chief steps down as carrier bids to overcome financial strife
Norwegian carrier Flyr’s chief executive, Tonje Wikstrom Frislid, has opted to step down from her post having led the airline since it commenced operations last year. Chief financial officer Brede Huser is taking over, the carrier states. The transition comes at a crucial point in the airline’s development, because Flyr ...
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Struggling Flyr aims to raise NKr700m through revised financing plan
Norwegian carrier Flyr is hoping to raise NKr700 million ($68 million) through a newly launched capital raise after a previous planned private placement was under-subscribed
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Embattled Flyr optimistic of positive earnings from mid-2023
Norwegian carrier Flyr is optimistic that its revised business plan will be sufficient to nurse the airline through the winter season, and that earnings margins will start to turn positive from June next year. Despite a strong summer market, Flyr turned in a third-quarter operating loss of NKr231 million ($22 ...
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Flyr seeks NKr530m through share issues to relieve ‘very strained’ finances
Norwegian budget carrier Flyr is looking to reinforce its financial position with share placements which would potentially raise NKr530 million ($50 million). This scheme comprises a private placement for NKr430 million and a possible subsequent placement, for those unable to participate in the private issue, aimed at raising another NKr ...
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Flyr holding investor discussions to strengthen finances
Norwegian carrier Flyr is looking at options to reinforce its finances, and has engaged advisers to hold discussions with existing and potential new investors. Flyr is cutting back its operations for the winter in an effort to reduce costs and it states that the talks are based on its revised ...
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Norway’s Flyr halves operational fleet for winter in bid to slash costs
Norwegian operator Flyr is halving its operational fleet for the winter, reducing its route network, and shedding personnel in order to slash costs in the face of higher fuel prices and inflationary pressure.
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Norway’s Flyr drops latest share offer after stock value declines
Norwegian carrier Flyr has axed plans to offer up to 62.5 million new shares in the company, after the stock’s trading value remained below the offer price. Flyr had raised NKr250 million ($25 million) during a rights issue at the beginning of the year, an issue which was oversubscribed by ...
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Flyr to take up to 10 Boeing 737-8 aircraft from Air Lease
Norwegian start-up Flyr has signed a letter of intent to lease six new Boeing 737-8 aircraft from US-based lessor Air Lease.
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Norwegian start-up Flyr launches flights
Norwegian start-up Flyr has carried out its first commercial flight today, a domestic service connecting Oslo with Tromso.
