On Thursday, Norwegian-based low-cost carrier Flyr announced it is looking to raise NOK 530 million ($52 million) via a private placement of shares. On the same day, the airline announced a third-quarter operating loss of NOK 231.7 million ($22.6 million), bringing year-to-date operating losses to NOK 723.5 million ($70.7 million).
Read More Here: Flyr Seeks $52 Million In New Equity To Survive Winter | SimpleFlying.com
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