Norwegian low-cost carrier, Flyr, has stopped trading after not being able to secure new funding. Flyr was created in 2020 by Erik G. Braathen who ran Braathens before that airline collapsed in 2004.
Flyr operated 12 aircraft: 6 Boeing 737-800 and 6 Boeing 737 Max8.
On Flyrs website, they announced: “Important notice
The Receiver is working to get a full overview of the company's assets and issues.
The Oslo District Court opened the bankruptcy of Flyr AS on February 1, 2023. Attorney Stine D. Snertingdalen from Kvale Law Firm has been appointed as the Receiver.
According to the bankruptcy petition, the company had a little less than NOK 2.5 billion in booked debt and over 400 employees.
The Receiver and her team are now working to get a full overview of the company's assets and the issues that need to be addressed in the first days.
The bankruptcy means that all ticket sales are stopped and all flights have been cancelled. Passengers who have paid for their plane tickets with a card should contact their bank or financial institution that issued the payment card to see if they are eligible for a refund.
Passengers and other creditors can file their claims in the estate by email to flyr@kvale.no. Based on the limited overview the Receiver currently has, it is unfortunately uncertain whether there will be sufficient assets in the estate for the passengers to receive coverage for their claims. This is due to, among other things, there being significant prioritized wage claims that must be fully covered before there are funds for ordinary creditors.
Other inquiries should be directed to Flyr's customer center or to the estate by email flyr@kvale.no.”
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Source
https://ukaviation.news/norwegian-low-cost-carrier-flyr-collapses/