Flyr CEO: The pandemic is still a challenge

FlyrPhoto: Torstein Bøe / NTB

Flyr airline had a turnover before tax of minus NOK 162.3 million in the third quarter. “The pandemic is still a challenge,” the CEO says.

On Thursday, the company released the figures for the third quarter – the period between July and September.

The operating result before leasing costs (EBITDAR) was minus NOK 142.8 million in the period, while the net operating result (EBIT) was minus NOK 155.5 million, E24 writes.

In the press release, Flyr accentuated promising traffic developments and noted that it is on schedule for the next phase.

“The pandemic is still a challenge for our industry and has affected demand for most of the quarter. However, we have seen a positive trend, especially after the reopening of society from the end of September,” the CEO of Flyr, Tonje Wikstrøm Frislid, said.

The airline currently operates four aircraft on domestic routes in Norway and European routes. Flyr also plans to have five aircraft in operation by the end of the year, with an ambition to increase its fleet to 12–18 aircraft during 2022.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance

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