The new Norwegian budget carrier Flyr, which only launched in 2021 has filed for bankruptcy today. The airline announced on its website that it had been unsuccessful with the new financial plans and thus 'the board has concluded that there are no alternatives for further operation. The company filed for bankruptcy on 1st Feb 2023. Flyr has now ceased trading and all flights are cancelled and will not be rescheduled.'
The company employed some 400 staff employees who now find their employment ended as the airline can no longer survive. Many of them had already been furloughed by the carrier as it struggled to cut costs, suspended routes and hunt for new investment.
The Norwegian stock exchange suspended trading in the company's shares today and it is understood that the carrier's fleet of 737 jets are in the process of being repossessed by the leasing firms.
The company published the following statement, "Many thanks to everyone who has chosen to fly with us over the past year and a half. We will miss you all from the bottom of our hearts and deeply apologize to everyone affected by the fact that we now have to go in for landing.
We encourage everyone who has booked a ticket with us to contact their credit card company for a refund.
The bankruptcy trustee has now taken over all responsibility for Flyr going forward, and can be contacted via email flyr@kvale.no. Please note that this is the only channel open for any questions and information."
Fledgling Norwegian carrier Flyr files for bankruptcy and halts all flights.
