HUTTWIL, Switzerland - As predicted, Flyer production is being relocated to ZEG's Kettler factory in Germany. Only a skeleton team for Swiss dealer support will remain at the Swiss site in Huttwil. They will remain alongside sister company Biketec GmbH with its connectivity solution FIT which has not been affected by the exodus, but only after intense negotiations.
HUTTWIL, Switzerland - The closure of production at Flyer in Huttwil is now a sad certainty. Following the conclusion of the consultation process, CEO Andy Kessler announced yesterday that at least 150 employees will soon be made redundant. The media only learned of this unfortunate pre-Christmas news via dealers and employees; owner ZEG has not disclosed any information.
HUTTWIL, Switzerland - The reorganisation plans for Flyer as announced last week by ZEG caused a big scratch on the image of the Swiss company which once stood at the forefront of the e-bike boom in Europe. Shortly before the announcement, CEO Andy Kessler discussed the inventory situation at Flyer and finding a way back to 'normal', but also their relationship with owner ZEG and the market dominance of Bosch during an interview with Bike Europe.
HUTTWIL, Switzerland - A big disappointment for the Swiss e-bike industry came forward yesterday when owner ZEG announced their future plans for the Flyer facility. In an ad hoc press release ZEG states their plan to largely close its long-standing site in Huttwil and possibly continue production outside of Switzerland.
HUTTWIL, Switzerland - The current difficult market situation in the entire bicycle industry, including a post-pandemic market correction, is also affecting the ZEG owned Swiss e-bike manufacturer Flyer AG. To secure the future of the company and maintain production at its Swiss location, an extensive restructuring program has been drawn up.
HUTTWIL, Switzerland - All market indicators have made clear that the bike boom of 2020-2021 is over and implications for the industry can be expected. Renowned Swiss manufacturer Flyer has been hit hard and announced the lay-off of around 80 employees.
