PPRuNe Forums - View Single Post - Hard times for Norwegian
View Single Post
Old 24th Mar 2021, 10:36
  #1208 (permalink)  
directmisbi
 
Join Date: Dec 2010
Location: Limbo
Posts: 2
Likes: 0
Received 0 Likes on 0 Posts
Norse Atlantic Airways plans to be listed on Euronext Growth (Oslo Stock Exchange) as of 12. April. Norse managed to raise over NOK1,28 billion in less than an hour from institutional investors today. Norse Atlantic Airways plans to start lowcost longhaul operations between Europe and the U.S. by year end (2021), using Boeing 787-8/9s, ex Norwegian. Start-up with a limited number of B787s, but plans for a demand driven growth with up to 12 B787s. The core business plan is to offer super low fares through industry low costbase and catch-up on Norwegian good market position in the U.S. and Europe for lowcost longhaul flights across the Atlantic. Plan calls for bases in London and US.Kjos eyes cooperation between Norwegian and Norse. HBK (Kjos and Kise) will also invest in Norwegian. The biggest investors in New Norwegian want him on the new board according media
directmisbi is online now