Fears for European airline as all flights are cancelled today

An airline in Europe canceled all flights today and fears it will go into administration.

It comes just days after Flybe went bust.

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Thousands of passengers were stranded last week after British airline Flybe closed and grounded all flights.

Norwegian airline Fly has since said it was unable to raise money to go ahead with the launch as all flights were canceled today.

The next flight appears to be at 8am on Wednesday, although it is not clear if these will still take place.

In November, Flyr said raising cash was critical for the company to weather the winter season and prepare for a spring-summer 2023 ramp-up, but it was only able to raise about half of the required cash at the time.

The company said it had tried to secure 330 million Norwegian kroner (£26 million) in funding in recent days but efforts had failed.

A statement on the website reads: “Flyr has informed Oslo Børs [stock exchange] on Monday morning that the company was unsuccessful with its new financing plan.

“The company is therefore in a serious financial situation and the board will examine whether there are alternatives for continued operations.”

They added: “The company has no scheduled flights on Tuesday and information about future flights will be shared as soon as possible.

“We fully understand that this situation creates uncertainty among travelers.

“We encourage everyone who has booked flights with us to visit www.flyr.com.”

Concerned passengers took to their Facebook page to voice their concerns – one person wrote: “Many of us have bought tickets and want INFORMATION on what’s happening with the flights in the coming days.”

Another said: “If you advertise flights until Easter… and then you’re close to bankruptcy.”

The low-cost airline launched in June 2021 with flights across Europe, including Spain, Italy and France.

The airline, which carried around 1.6 million passengers last year, planned to start flights to and from the UK.

Flights between Oslo and Edinburgh started last February but have since been discontinued and the new Gatwick services were due to start in March 2023.

Norway currently has its flag airline, Norwegian Air, and its low-cost airline, Norse Atlantic Airways, which launched and operate flights in 2021.

Norwegian was forced to suspend its US flights in 2021, which once offered cheap fares between the UK and New York.

And last year Norse Atlantic introduced cheap flights from London Gatwick to New York.

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