Norwegian budget carrier Flyr, which launched in 2021, is poised to file for bankruptcy on Wednesday (1 February).
The airline confirmed efforts to secure new funding had failed, and that it would cease trading and cancel all flights. It had been due to launch a Gatwick-Oslo route in the spring.
"Flyr was unsuccessful with the new financial plan and the board concluded on Tuesday evening that there are no alternatives for further operation," it said in a statement.
"The company will file for bankruptcy on Wednesday morning. Flyr has now ceased trading and all flights are cancelled and will not be rescheduled."
