Flyr AS - Earnings Release 2022 | FinancialReports.eu

Flyr AS - Traffic figures for May 2022

A total of 149,100 guests travelled with Flyr in May, an increase of 22%

compared to April. The loyalty program Flyr + which was introduced in March is

now counting 160,000 members. Sales are continuing to increase with 1.2 million

tickets sold so far, and the last days have been averaging over 10,000 sold

tickets pr day.

Production was 270.4 million ASK in the month, with on average nine aircraft in

operation. Load factor was 62.1%, with Yield in the month of NOK 0.52.

Flyr had a regularity in operations during May of 99.4 % and punctuality of

89.7%.

· Sale of tickets for the summer season continues to increase, and for June we

expect a load factor up towards 80%. What we are most proud of and give us most

motivation, is all the positive feedback we have received from all those who

have chosen to fly with us so far, says Tonje Wikstrøm Frislid, CEO of Flyr.

Unit revenue (PASK) in May was NOK 0.34, while the average PASK from first

flight in June 2021 was NOK 0.30.

Currently Flyr has a fleet of 10 aircraft, and 2 additional aircraft will be

delivered during the summer. At the end of May, Flyr has 41 FTE's per aircraft,

which is in line with the planned progression to reach the targeted cost level

For further information please contact:

Brede Huser, Chief Financial Officer

Phone: +47 99 16 99 74

About Flyr

Flyr is a Norwegian based low-cost carrier with a demand driven business model

and a primary focus on the Norwegian market. The company targets a modern,

digital, and efficient setup to ensure high operational efficiency through

simplicity, optimized resource utilization and smart use of technology. Flyr AS

is listed at Euronext Growth under the ticker FLYR.

To learn more, please visit www.flyr.com.

This information is subject of the disclosure requirements according to Market

Abuse Regulation (MAR) Article 17 no. 1, and was prepared by Brede Huser, CFO at

Flyr AS ph no. +47 991 69 974.

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