Flyr Arctic Securities and Carnegie have joined as facilitators for the issuance of shares worth NOK 225-250 million, according to the exchange’s announcement.
Ojada AS, a company controlled by Chairman Erik G. Braathen, has pre-booked – and 15 million NOK shares will be allocated.
The net proceeds will be used to strengthen the company’s financial position, fund new tracks after reopening, as well as general corporate purposes.
According to the report, the airline is experiencing “strong production and passenger growth, and is currently experiencing strong booking momentum for the summer season.”
lost 210 million
The airline also released a “trade update” that says revenue in the first quarter fell at NOK 82.1 million. Thus, they are down 5 percent compared to the fourth quarter of 2021, which is explained by the downscaling associated with the Omicron eruption.
Earnings before interest, taxes, depreciation and amortization were negative by 179.8 million kroner and net profit by 210.7 million kroner. On average, 16-20 departures were completed per. a quarter day.
Thus, the company lost an average of about 130,000 kroner each. take off.
164,180 passengers traveled with Flyr in the quarter, 6 percent less than the previous quarter. The cabin factor came in at 58.4 percent, up from 54.1 percent in the fourth quarter of last year.