Airlines

Cirium reveals scale of Norwegian airline Flyr as it declares bankruptcy

Flyr, a Norwegian airline, has declared bankruptcy, leaving many travelers and employees in uncertainty.

The scale of Flyr’s operation was revealed by Cirium, a leading aviation analytics company.

The airline was set to serve 32 destinations across Europe in 2023, with its largest operation at Oslo Airport, where the carrier was based.

Flyr was due to launch a new route between London Gatwick and Oslo in March 2023 and had previously operated flights to Edinburgh in 2022. In February 2023, the airline was scheduled to operate 306 flights, equating to over 57,000 seats.

The news of Flyr’s bankruptcy has caused concern among travelers who had booked flights with the carrier. The company has not yet provided information on how passengers can receive refunds or alternative arrangements.

Employees of Flyr are also affected by the bankruptcy and are waiting for updates on their employment status. The bankruptcy proceedings are expected to take several months, during which time the company’s assets will be sold to repay its creditors.

Flyr’s bankruptcy is a reminder of the ongoing challenges faced by the aviation industry, particularly due to the ongoing COVID-19 pandemic. Many airlines have struggled to stay afloat during the past year, and Flyr’s collapse highlights the importance of booking with airlines that have a strong financial position.

In conclusion, the bankruptcy of Flyr will have a significant impact on the airline’s employees and travelers who had booked flights with the carrier. The company’s operations were set to expand in 2023, but instead, it will be entering a period of uncertainty as it undergoes bankruptcy proceedings.

Share
.