Flyr - Småprat

[pleximus83]

Drivstoffblandingen vil føre til høyere kostnader for flyselskapene grunnet miljøkrav…

The Uncertain Future of Jet Fuel

[Slobo]

https://www.hangar.no/dette-er-de-to-neste-flyene-flyr-henter-inn/?fbclid=IwAR2i3UHQH8UztVTsG1J8BDDn3ncueupCzqlePIxEXqq6fq_D3AehyDeM3uw

[TekBot]

Flyr will Present Second Quarter 2021 Results on Thursday, 19 August

Flyr will release its financial results for the first half year and second
quarter of 2021 on Thursday, 19 August at 07.00 CEST.

…

Vis børsmeldingen

CEO Tonje Wikstrøm Frislid and CFO Brede Huser will present the Company’s
results at 08.30 CEST and invites investors, analysts and media to join the
presentation. The presentation can be followed via webcast, followed by a live
Q&A session, and questions may be asked in writing during the presentation.
Please use the following link to access the webcast:

https://channel.royalcast.com/landingpage/hegnarmedia/20210819_9/

The second quarter 2021 report, presentation and the link will be made available
online at www.flyr.com/investors and www.newsweb.no on 19 August.

For further information please contact:

Brede Huser, Chief Financial Officer

Phone: +47 99 16 99 74

Email: brede.huser@flyr.com

About Flyr

Flyr is a low-cost carrier (LCC) with a demand driven and sustainable business
model, with focus on serving the Norwegian market with domestic and
international flights from its base at Oslo Airport. Flyr AS is listed at
Euronext Growth under the ticker FLYR. To learn more, please visit www.flyr.com.

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

Kilde

[TekBot]

Flyr presents results for second quarter 2021 : Establishing the organization and preparing for commercial launch

Flyr’s first financial report shows that the company has successfully launched a
new airline in Norway that so far has been well received. The second quarter
figures are atypical as they only include one day of operations.
…

Vis børsmeldingen

Highlights

· Raised NOK 600 million in private placement and listed at Euronext Growth
· Built organization and technological infrastructure
· World’s first pure NDC/OneOrder based airline
· Signed collective bargaining agreements with pilot and cabin unions
· Received AOC from CAA Norway
· First flight to Tromsø on 30 June

“I am tremendously proud of team Flyr’s swift transformation from start-up
project to an efficient, responsible, and professional airline. Our ambition is
to offer something new in the aviation industry. We believe that there is need
for an airline in Norway that puts the customers and the employees first. Based
on the feedback we have received from the customers that have travelled with us
this summer and our colleagues both in the air and on the ground, we are on the
right track. This positive feedback motivates the entire team to continue to
strive to deliver a smooth and enjoyable travel experience,” said CEO Tonje
Wikstrøm Frislid of Flyr."

Financial results

Flyr’s first half year and second quarter primarily consist of expenses related
to the establishment and preparations for commercial launch, with the first
flight taking off from Oslo to Tromsø on June 30.

Revenues in the second quarter and first half year was NOK 250 thousand, as the
reporting period includes one day of operations with four flights. Expenses are
predominantly related to the start-up of the company and its operations.

Net loss for Q2 was NOK 64.7 million, and NOK 87.4 million for H1, while net
cash flow in Q2 was NOK -60.8 million and NOK 501.0 million in H1 2021. The
company had a total cash balance of NOK 514.8 million at the quarter end.

Total equity on 30 June was NOK 513.6 million, equaling an equity ratio of
68.4%. Total long-term liabilities of NOK 161.2 million is related to aircraft
leases.

Flyr has completed the project period and has commenced flight operations
according to plan and within estimated costs. With a solid financial position
with solid funding and liquidity, the company is well positioned to expand
according to plans.

Outlook

Flyr was established during the Covid-19 pandemic with the aim to build a
sustainable and profitable business model by adapting and scaling production to
meet the needs of the market. Up until the first flight on June 30th 2021, the
Company focused on building a robust and efficient organization and IT
infrastructure. Operations in July was successful, and well received by
customers.

The airline is currently operating three aircraft on domestic routes in Norway,
and will launch flights from Oslo to Alicante, Malaga and Nice on August 21[st].
One additional aircraft is planned for deployment during third quarter, and an
additional two to four aircraft will be put into service by the end of the year.

The company is well positioned to develop in line with its business plan. Focus
going forward is to ensure flexible and cost-efficient deployment of operations.

Webcast:

CEO Tonje Wikstrøm Frislid and CFO Brede Huser will present the Company’s
results at 08:30 CEST. Investors, analysts and media are invited to join the
presentation. The presentation will be followed by a live Q&A session, and
questions may be asked in writing during the presentation. Please use the
following link to access the webcast:
https://channel.royalcast.com/landingpage/hegnarmedia/20210819_9/

The second quarter 2021 report and presentation are also available online at
www.flyr.com/investors and www.newsweb.no.

For further information please contact:

Brede Huser, Chief Financial Officer

Phone: +47 99 16 99 74

Email: brede.huser@flyr.com

About Flyr

Flyr is a low-cost carrier (LCC) with a demand driven and sustainable business
model, with focus on serving the Norwegian market with domestic and
international flights from its base at Oslo Airport. Flyr AS is listed at
Euronext Growth under the ticker FLYR. To learn more, please visit www.flyr.com.

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act. This stock exchange release was
published by Brede Huser, CFO, on August 19th at 07.00 CEST.

Kilde

[rayman]

Er vel en blanding av grønneskiftet og siste kvartal som preger denne om dagen.

[Andyboi]

Fond som selger seg ut:

3. VPF NORDEA NORGE VERDI - KONTO #3 -138 050 -1,62% 8 372 436 5,58%

Dessuten brenner de mye cash. De hadde 250k i omsetning i Q2, men det var vel ikke mange dagene Flyr var i lufta i Q2? Hva kan man forvente av omsetning i Q3 uten ytterligere nedstengninger?

[rayman]

Var vel kun 1 dag, de har jo en del flere ruter nå. Men at de brenner penger under oppstart sier vel i grunn seg selv…

Men jeg burde også vært mer tålmodig her…

[rayman]

Men de kom vel inn under emisjonen, så de selger med ett greit tap.

[Andyboi]

Ja, de har vel solgt seg ned siden mai, så det forklarer nok en del av horisontale trenden i forkant av Q1.

Forundrer meg ikke om den skal innom 3-tallet i nærmest fremtid, kan bli interessant med et bet da, men vil først forsikre meg om at fondet er ferdigsolgt først.

[rayman]

Jeg har snitt på ca 4,80, så håper ikke den faller så langt ned på 3 tallet…

[tswbeta]

250k per dag blir for lite for dem dessverre. Det vil bli 22,5 mill inn per kvartal fom q3. Så hvis det betyr -40mill i Q3 så vil de måtte øke mye i volum for å tjene penger.

[rayman]

Det var 1 dag, var vel heller ikke mange fly det var snakk om. Må ikke glemme at de er helt i startgropen, ting vil ta litt tid.

[Andyboi]

Da begynner jeg med en lyttepost her på 3,75 kr

[rayman]

Jeg sitter fortsatt med ett snitt som er rett over krona mer…

[Andyboi]

Var såpass høyt volum idag så sikkert en større aktør som ville bli kvitt siste rest

[rayman]

Tror corona påvirker i tillegg, så holder bare der jeg har uten å gjøre noe mer.

[Andyboi]

Merkelig at NAS er i pluss, Norse får også juling for tida.

[rayman]

Nas er en religion aksje…

[Oiversen]

Snitter nok ned i Flyr denne uka, nå er verdien bare noen få millioner over cash beholdning som er svært billig. NAS er bingo, men de har en stor og religiøs aksjonærskare så de blir nok ikke realistisk priset med det første. Dette er NAS’ styrke men risikoen er såpass at jeg vil heller snitte ned i Flyr enn å gamble på NAS. Den aksjen følger ikke naturlovene.

[Andyboi]

Leser at NAS kjører priskrig, noe som skaper usikkerhet rundt Flyr. Noen formeninger rundt dette ?