Flyr bankruptcy may carry EU ETS lessons for lessors

February 20, 2023April 14, 2023

Norwegian low-cost carrier Flyr filed for bankruptcy and ceased trading on 1st February after an “unsuccessful” new financial plan and determining it had no alternatives for further operation. Having only launched operations in Summer 2021 amid pandemic headwinds, Flyr had a short existence but one with valuable lessons on the impacts of EU Emissions Trading Scheme (ETS) obligations on airlines and, potentially, lessors.

Read the full article here.

Get instant access to the universe of aviation with PACE today

Our Customer Success Team is ready to provide you with access to data specific to your company’s interests. Contact us and we can set up a demonstration and take it from there.

Stay in the Know

Sign up to the PACE newsletter to stay informed about the latest developments in aviation and to receive industry relevant articles directly to your inbox.We take your privacy seriously, so if you want to know more about how we process, handle and store your personal data, please see our privacy policy.