OSLO, Jan 30 (Reuters) - Loss-making Norwegian airline
Flyr said on Monday it had failed to raise the cash it
needs from shareholders and other potential investors, leaving
it in a "critical short-term liquidity situation".
While the board continues to explore "feasible alternatives"
to secure its continued operation, the potential solutions could
wipe out the remaining value of its existing shareholders, the
carrier said in a statement.
($1 = 9.9175 Norwegian crowns)
(Reporting by Terje Solsvik, Editing by Louise Heavens)
Messaging: terje.solsvik.thomsonreuters.com@reuters.net))
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