Norwegian LCC Flyr has become the second European airline to collapse within a week.
The 18-month-old Boeing 737 operator suspended flights and filed for bankruptcy on Feb. 1, just four days after UK regional Flybe halted operations and went into administration.
“The [Flyr] board concluded on Tuesday evening [Jan. 31] that there are no alternatives for further operation. The company will file for bankruptcy on Wednesday morning [Feb. 1]. Flyr has now ceased trading and all flights are…