Flyr and an undisclosed partner have signed a letter of intent for charter flights from May to October 2023. The agreement has a minimum value of 90 million NOK.

"We are proud that yet another company demonstrates its confidence in Flyr and our product. We look forward to reaching a final agreement that will give our partner's guests the great Flyr experience," said Chief Commercial Officer Thomas Ramdahl at Flyr.

Flyr's updated business plan means that we diversify our route portfolio and adapt capacity to seasonal demand. Consequently, we will offer flights for other companies in periods of lower demand and in cases where we believe it gives us added value.

For further information, please contact:

Lasse Sandaker-Nielsen, Chief Corporate Affairs Officer

Email: lsn@flyr.com

About Flyr

Flyr is Norway's new airline that in just over a year in the air has excited the market with popular destinations, affordable fares, and friendly service. The route network includes several destinations in Norway, several European cities such as Paris, Rome, Brussels, Berlin, and Barcelona, as well as typical holiday destinations such as Alicante, Malaga, and Las Palmas. During the summer season, the company also offers flights to a number of other destinations in Portugal, Greece, Croatia, and Italy. All of Flyr's 450 dedicated colleagues are permanently and directly employed by the airline. Flyr has a fleet of 12 Boeing 737-800 and Boeing 737-8 aircraft with an average age of about five years. This makes the fleet the most modern, most fuel-efficient, and most environmentally friendly in the Nordics. Since it took to the skies, 1.8 million have chosen to travel with the airline, and 350,000 are members of the loyalty program. The company's latest systems enable easy and efficient operations with few resources. New technology also makes it possible to offer guests a fully digital journey from booking to arrival at the destination.

To learn more, visit www.flyr.com.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements according to section 5-12 of the Norwegian Securities Trading Act. The information was prepared by Brede Huser, CEO and CFO at Flyr AS, on the time and date provided.

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