Norwegian low-cost carrier Flyr will reduce its capacity by 50% this winter to cut operating costs. It anticipates that the decrease in demand coupled with an increase in operating expenses will cause nearly half of its routes to become unprofitable until next spring. The airline has stated that the route reduction will help it cut $38 million in costs between November and March. In Spring 2023, it plans to gradually reintroduce all the suspended routes.
Read More Here: Norway’s Flyr Slashes Its Flight Schedule To Reduce Cash Burn | SimpleFlying.com
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