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.