Investors

Flyr is a low-cost carrier (LCC) with a demand driven and sustainable business model focused on serving the Norwegian market with domestic and international flights from its base at Oslo Airport.

Why invest in Flyr?

Flyr targets a modern, digital, and low-cost setup to ensure high efficiency through simplicity, optimized resource utilization and smart use of technology.

A revised and more robust business plan was implemented in November 2022, consisting of the following key elements:

  • Primary focus on serving the Norwegian leisure market with domestic and international flights operated out the Company’s base at Oslo Airport.
  • Placing part of the fleet on wet lease assignments during the winter low season to off-set demand seasonality.
  • Intensified pursuit of seasonal and ad-hoc charter assignments.

Investment highlights

A well invested and proven platform established, paving the way for profitability:

  • Young, increasingly competitive, and fuel-efficient fleet secured at attractive pandemic pricing.
  • Fully invested set-up following significant investments in brand, IT, and organisation.
  • Legacy free and automated IT platform, with among other the world's first 100% pure IATA NDC & ONE Order airline.
  • Lean and highly efficient organization with proven cost structure at a significantly smaller scale compared to Flyr’s key competitors (July 2022 CASK ex. fuel of NOK 0.36).
  • Rapidly increasing brand awareness and market leading customer experience.
  • Committed and highly experienced management team backed by renowned industry players.
  • Targeting market with solid fundamentals and high profitability potential.