# Flyr > Defunct Norwegian low-cost airline **Wikidata**: [Q105720709](https://www.wikidata.org/wiki/Q105720709) **Wikipedia**: [English](https://en.wikipedia.org/wiki/Flyr_(airline)) **Source**: https://4ort.xyz/entity/flyr ## Summary Flyr was a defunct Norwegian low-cost airline that operated from 2021 to 2023. It was a public company listed on the Oslo Stock Exchange, offering affordable air travel primarily within Europe using Boeing 737-800 aircraft. ## Key Facts - Flyr was founded on **August 14, 2020**, and commenced operations in **March 2021**. - It was headquartered at **Oslo Airport** in **Oslo, Norway**, with a registered address at **Nedre Vollgate 5, 0158 Oslo**. - The airline operated under the **IATA code FS** and **ICAO code FOX**, with the callsign **GREENSTAR**. - Flyr was a **public company (aksjeselskap)** listed on the **Oslo Stock Exchange (ticker: FLYR)** from **March 2021 to February 2023**. - It used **Boeing 737-800** aircraft for its operations. - The company filed for bankruptcy on **January 31, 2023**, ceasing all operations. - Its CEO was **Erik G. Braathen**, who led the company from its founding. - Flyr had a **Norwegian organisation number (925566004)** and a **Legal Entity Identifier (254900L455D7HKO4YW76, 549300NL4BW7UGP9WV14)**. - The airline’s website was available in **Norwegian (flyr.no)** and **English (flyr.no/en)**. - It was classified as a **low-cost airline**, competing in the budget travel market. ## FAQs **What was Flyr?** Flyr was a Norwegian low-cost airline that operated from 2021 to 2023, offering affordable flights primarily within Europe before filing for bankruptcy. **When did Flyr start and stop operating?** Flyr was founded on **August 14, 2020**, began operations in **March 2021**, and ceased operations after filing for bankruptcy on **January 31, 2023**. **What type of aircraft did Flyr use?** Flyr operated **Boeing 737-800** aircraft, a common model for short-to-medium-haul flights. **Where was Flyr headquartered?** The airline was headquartered at **Oslo Airport** in **Oslo, Norway**, with its registered office at **Nedre Vollgate 5, 0158 Oslo**. **Was Flyr a public company?** Yes, Flyr was a **public company (aksjeselskap)** listed on the **Oslo Stock Exchange (FLYR)** from **March 2021 to February 2023**. **Why did Flyr go bankrupt?** Flyr filed for bankruptcy on **January 31, 2023**, likely due to financial challenges, though specific reasons were not detailed in the source material. ## Why It Matters Flyr represented an attempt to revitalize Norway’s low-cost airline market, offering competitive pricing and modern aircraft. Its brief existence highlighted the challenges of sustaining budget airlines in a post-pandemic travel industry, where fuel costs, competition, and economic pressures can quickly destabilize new entrants. The airline’s collapse also underscored the risks of public investment in volatile sectors like aviation. ## Notable For - Being a **short-lived but ambitious Norwegian low-cost airline** that competed in Europe’s budget travel market. - Operating **Boeing 737-800 aircraft**, a fuel-efficient and widely used model. - Having a **public listing on the Oslo Stock Exchange (FLYR)**, making it one of few publicly traded budget airlines in Norway. - Filing for bankruptcy in **January 2023**, marking a swift rise and fall in the airline industry. - Being led by **Erik G. Braathen**, a notable figure in Norwegian aviation. ## Body ### **History and Operations** Flyr was founded on **August 14, 2020**, and began operations in **March 2021** as a low-cost airline based in Norway. It aimed to provide affordable air travel within Europe, competing with established budget carriers. The airline operated **Boeing 737-800** aircraft, a model known for its efficiency and reliability in short-to-medium-haul flights. Despite its ambitious start, Flyr faced financial difficulties and filed for bankruptcy on **January 31, 2023**, ceasing all operations shortly after. The airline’s rapid decline reflected broader challenges in the post-pandemic aviation industry, including rising operational costs and intense competition. ### **Corporate Structure and Leadership** Flyr was structured as a **public company (aksjeselskap)** and was listed on the **Oslo Stock Exchange** under the ticker **FLYR** from **March 2021 to February 2023**. This public listing allowed it to raise capital from investors, though it ultimately struggled to sustain profitability. The company was led by **Erik G. Braathen**, who served as CEO from its founding. Under his leadership, Flyr attempted to carve out a niche in Norway’s airline market, though financial pressures led to its downfall. ### **Headquarters and Logistics** Flyr’s headquarters were located at **Oslo Airport**, with its registered office at **Nedre Vollgate 5, 0158 Oslo, Norway**. The airline operated under the **IATA code FS** and **ICAO code FOX**, with the callsign **GREENSTAR**. ### **Financial and Legal Details** Flyr had a **Norwegian organisation number (925566004)** and was assigned **Legal Entity Identifiers (254900L455D7HKO4YW76, 549300NL4BW7UGP9WV14)**. The company’s website was available in **Norwegian (flyr.no)** and **English (flyr.no/en)**, catering to both domestic and international customers. ### **Bankruptcy and Dissolution** On **January 31, 2023**, Flyr filed for bankruptcy, marking the end of its operations. The airline’s collapse was reported by Norwegian media, including **NRK**, which cited financial instability as the primary reason for its failure. ### **Legacy and Impact** Though short-lived, Flyr’s existence highlighted the difficulties of sustaining low-cost airlines in a competitive and economically volatile industry. Its failure served as a case study in the risks of public investment in aviation and the challenges of post-pandemic travel recovery. ## References 1. [Source](https://twitter.com/FlyrNorway/status/1385212344448528384) 2. [Source](https://www.planespotters.net/airline/Flyr) 3. Brønnøysund Register Centre 4. [Flyr begjærer seg konkurs. 2023](https://www.nrk.no/norge/flyr-begjaerer-seg-konkurs-1.16278054)