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Norwegian short-haul airline Flyr files for bankruptcy – Gatwick route will not launch

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Flyr, the low-cost Norwegian airline operating to a range of European destinations from Oslo, announced tonight that it would file for bankruptcy on Wednesday morning.

If you don’t know the name, you may know the name of founder Erik G. Braathen who owned the now-defunct carrier Braathens.

The carrier launched in late 2021 and had a fleet of 12 Boeing 737 aircraft.

According to a message on its website tonight:

Flyr was not successful with a new financing plan and the board concluded on Tuesday evening that there are unfortunately no alternatives for further operation. The company will file for bankruptcy on Wednesday morning. All Flyr’s flights have been canceled and ticket sales have stopped.

Many thanks to everyone who has chosen to fly with us over the past year and a half, for welcoming us so well and for all the cheers. We will miss you all 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 executor will take over all responsibility for Flyr. The company will share contact information on as soon as it becomes available.

The Gatwick launch is therefore off ….

Flyr was planning to launch flights from Gatwick to Oslo for the Summer 2023 season, starting in late March. If you bought tickets for the service, you will need to seek a refund from your credit card company.

The route always looked like a bad idea, since it would be directly competing with Norse Atlantic which operates a long-haul Boeing 787 on the route. Norse Atlantic has a very attractive Premium cabin which I reviewed here.

Flyr also flew to Edinburgh in Summer 2022 but this route was subsequently cancelled.

I expect further announcements to be posted on the Flyr website here. You can read more on Reuters here.

Comments (30)

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  • Lady London says:

    Kind of throws up the flakiness of how airlines have been operating. Seems they’ve been using the money people pay them today, paying for tickets with dates to be flown far into the future, immediately, spending it out right away to fund current flying. In other words, flying they took money for months ago from other people (but they already spent that money from other people. So your money today is gone long before your flight date.

    Now where have I heard something similar? Oh, wait… it’s how the UK government has been handling its promises of state pensions.

    Does anyone think it would be a good idea for credit cards to universally adopt a “low- or no-release of funds paid by cardholders till after the flight? or is that simply not practical?

    • jjoohhnn says:

      If they have done any fuel hedging than they may well have paid for your fuel before you have even bought the ticket too. The costs involved with your flight aren’t just on the day you fly.

    • RussellH says:

      > Does anyone think it would be a good idea for credit cards to universally
      > adopt a “low- or no-release of funds paid by cardholders till after the flight?

      Not really. I would much rather see an insurance based scheme. Something like this, but that the airline had to have in place to get its operating licence.
      The likes of BA and Lufthansa hate this idea, though, since they see it as subsidising the flaky start up airlines, even though they would pay a much smaller premium per passenger that a new start up.

    • JDB says:

      Yes, credit card systems can and do hold back releasing funds to merchants if they perceive risk (as Rob mentions above re Virgin). The imposition of such holdbacks or increase of them is often the final straw for teetering companies.

      Re UK state pensions, lots of countries operate a pay as you go system. While our state pension sometimes looks low, it actually has quite a few positives and you still have to work far fewer years to earn it – eg 40 years in Ireland, 50 years in Netherlands and France trying to raise to 43 vs current 42 vs our 35 years. Auto-enrolment has also made a dramatic difference, doubling the number of people in the private sector with personal pension provision to over 90% and we have incredibly generous pension tax breaks.

    • Miguel says:

      Also why are Norwegian Airlines being called short hall,I flew to Argentina with them and they still owe me for my broken suit case,flight back was delayed with a technical issue on the plane and about 200 of us had to sleep on airport floor first night,disgraceful arliine

      • Rob says:

        Because Norwegian is a purely short haul airline now. It doesn’t even have any long haul aircraft left.

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