Carnegie Investment Bank Norway is proud to have acted as Joint Manager and Joint Bookrunner in connection with Flyrs successful NOK 600 million private placement and upcoming listing on Euronext Growth.

The private placement attracted strong interest from Norwegian, Nordic and international high-quality institutional investors and was multiple times oversubscribed.

Flyr is a Norwegian based low-cost carrier with a demand driven business model and a primary focus on the Norwegian domestic 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. First take-off is scheduled within the first half of 2021 with a strategy of scaling up operations in line with an up-tick in demand.

Carnegie congratulates Erik BraathenTord MelingBrede Huser and the rest of the Flyr team with the successful transaction and we look forward to continuing our support of Flyr going forward