Flyr Declares Bankruptcy

Flyr has declared bankruptcy.
Photo Credit: Joris Wendt/AviationSource

LONDON – In the last few hours, Norwegian carrier Flyr has declared itself bankrupt after over 1.5 years in service, the company states in a press release.

In a press release issued on Tuesday evening, Flyr official Erik Braathen stated;

“It’s a sad day. We tried. We gave everything we had of energy, knowledge, and experience, but that, unfortunately, wasn’t enough.”

Strong Effort, All Things Considered…

Photo Credit: Joris Wendt/AviationSource

Despite the bankruptcy, the airline gave it all they got, especially through its passenger numbers for 2022.

In a recent press release issued by Flyr, the company addresses the total passenger count for 2022, which for the full year counted to over 1.6 million, with an average load factor of 74%.

Flyr Chief Executive Officer, Brede Huser, thanked all guests and stated:-

“All of us at Flyr would like to thank every one of the 1.6 million guests who decided to travel with us in 2022 and wish you all welcome back onboard again for your next trip.”

“This is the company’s first full year of operations, where the first part of the year was heavily pressured by pandemic-related lockdowns, and the summer season with great demand and multiple full flights.”

“By autumn start, demand and desire for travel became greatly influenced by inflation and lower purchasing power. On the positive side, we are experiencing great response on our new years-sale, making us optimistic for the upcoming spring and summer season.”

Flyr experienced a load factor averaging 74% for the entirety of 2022 and 73% for December of the same year. The statistics for December showed 52,400 guests despite operating with heavy restrictions since November.

The December load factor for Flyr has seen a major increase compared to 2021, where the load factor has increased by 26%, from the 47.1% compared to the same period of last year.

Further Updates To Come…

This is a developing story. More to follow shortly.

By Adrian Olstad 3 Min Read
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