Flynonstop Airline Becomes Non-Starter

Norwegian start-up carrier, Flynonstop, has filed for bankruptcy just six months after it started its operations. The airline, which was started by an heir to a family ice cream business, Hennig-Olsen ice cream, was launched using a single E-190 aircraft on lease from CIT Aerospace. The airline posted a loss of NOK2.5m last year and debts of NOK26.2m. It had operated routes from the Kjevik airport Kristiansand to Parma, Berlin, London, Stockholm and Paris. However, flights to Parma, Berlin and Paris were soon cut due to poor demand and an inability to operate with a single aircraft.

TAGS: Europe
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