9 November 2022 at 08:20 Flyr approves solution The board of the airline Flyr has approved the proposal from the investors, and is continuing the work to ensure continued operation. This will be revealed in a stock exchange announcement on Wednesday morning. They will now try to raise NOK 700 million through four share increases. Flyr has been acutely short of money, and major investors have sold out. – The company’s board has considered the proposal for a new structure made up of existing and new professional investors. This is the best for the company and the shareholders, Flyr wrote in the stock exchange announcement. The company is now asking investors for more money and has given itself a deadline of the first quarter of 2023 to manage this. – If the company is unable to obtain this additional new capital before the end of the first quarter of 2023, then the company may not be able to maintain operations, writes Flyr.
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