The trillion dollar fund is mainly for investment abroad and it is their own statement that the fund cannot own more than 10% of a listed company:
https://www.nbim.no/no/oljefondet/sl...forvaltningen/ NAS is not listed anywhere there.
This is starting to sound more and more like smoke and mirrors to present some illusion that NAS is a state carrier just because it uses the name "Norwegian". It is really not. SAS was formed by Norway, Sweden and Denmark a long time ago, but Notway sold its shares in them years ago.
I have no skin in this game, but when someone claims that the Norwegian state is majority shareholder in NAS, I expect it to be backed up by hard facts. Just wishy washy speculation and insinuations.