More than 1.6 million guests travelled with Flyr in 2022 - good response to new year's sale at year end

06 Jan 2023 08:00 CET

Flyr's traffic figures show that more than 1.6 million guests travelled with the
Company in 2022. The load factor was 74 percent. In December, 52,400 guests
travelled with Flyr and the load factor was 73 percent.

"We would like to thank all the 1.6 million guests who chose to travel with us
in 2022 and we look forward to welcoming everyone on board again for their next
trip. This was the Company's first full calendar year with operations, where the
first part of the year was characterized by pandemic lockdowns and the summer by
high demand for travel and many full flights. During the autumn demand for
travel was impacted by cost inflation and lower purchasing power. On a positive
note, we experience a good response to our new year's sale, which makes us
optimistic about the spring and summer," said CEO Brede Huser in Flyr.

Going forward, Flyr will deliver an average annual load factor between 80 and 90
percent, which means load factors in the 70s in low season and more than 90
percent in high season.

Flyr had on average 4-5 aircraft in operation in December. The yield was NOK
0.59, and the unit revenue (PASK) was NOK 0.45, up from NOK 0.24 in December
2021.

Through March, Flyr will operate routes to several popular destinations,
including Alicante, Malaga, Las Palmas, Barcelona, Rome, Paris, Nice, Berlin and
Brussels, as well as to ski destinations Milano, Salzburg and Geneva. The
Company will also continue to offer flights from Oslo to Bergen and Trondheim.

"Our fantastic colleagues on board the planes and in the office do their utmost
every day to deliver a good experience to our guests. Many people are cheering
us on, both guests and business partners, and we want to show that we are here
to stay so that both leisure and business travelers have an option that ensures
a combination of affordable fares and a good product," said Huser.

For further information, please contact:

Brede Huser, CEO / CFO

Email: brede.huser@flyr.com

About Flyr

Flyr is a Norwegian based low-cost carrier with a demand driven business model
and a primary focus on the Norwegian market. The company targets a modern,
digital, and efficient setup to ensure high operational efficiency through
simplicity, optimized resource utilization and smart use of technology. Flyr AS
is listed at Euronext Growth under the ticker FLYR.

To learn more, please 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.

More information:
Access the news on Oslo Bors NewsWeb site

579727_Traffic_figures_December_2022.pdf