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Flyr AS Regulatory Filings 2021

Mar 26, 2021

3601_rns_2021-03-26_691a40f4-8e6a-40a5-9ce4-9441e3000361.html

Regulatory Filings

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Flyr is on track and the first Boeing 737 aircraft “LN-FGA” is to arrive at Oslo Airport in early May

Flyr is on track and the first Boeing 737 aircraft “LN-FGA” is to arrive at Oslo Airport in early May

The first Boeing 737 aircraft “LN-FGA” is to arrive at Oslo Airport in early May. Flyr has signed LOIs for its first two Boeing 737-800 aircraft on favorable and expected terms, and is in final negotiations for more aircraft. The first aircraft will be delivered in May, while the next ones will arrive in early June. The fleet will expand throughout the autumn.

Once the first aircraft lands in Oslo, there are only a few formalities that remain before Flyr receives its operating license (AOC) from the Civil Aviation Authority. The first aircraft will receive registration number LN-FGA.

Additional aircraft will arrive in June, at the same time as pilots and cabin crew are on their way in for training and service courses. The first courses are fully subscribed, and there is a great interest from skilled people with long aviation experience that wants to work for Flyr. The company now has 45 employees with solid experience from Norwegian aviation industry and by the end of the year Flyr expect to have about 350 employees.

To ensure predictability for customers, Flyr is awaiting announcement the date for opening for ticket sales and route start until the Government has presented its plan for reopening society after Easter.

- In order not to get into a situation with significant changes in the route program and subsequent rebookings that will be unfortunate for customers, our start-up will be adapted to the Government's plan for the reopening of Norway, says the CEO of Flyr, Tonje W. Frislid.

Initially, Flyr will serve a number of Norwegian cities, as well as a selection of well-known destinations in Europe, including Malaga, Alicante and Nice. The company will expand the number of aircraft and destinations in line with demand, and in the long term the plan is a fleet of 28-30 aircraft.

Flyr will start selling tickets approximately 30 days prior to the first flight.