Norse Atlantic has successfully raised NOK 300 million ($30 million) through a conditional private placement of 120 million new shares. Proceeds of the placement will be used as a cash buffer for the airline’s subsidiary Norse Atlantic UK. Norse secures financial...
It hasn’t flown a single mile, hasn’t had a passenger on board, has no traffic rights, and no financial track record. Yet, there is much talk about Norway’s newest start-up long-haul low-cost airline Norse Atlantic Airways AS since it has been established on February...
One of the iconic leaders of Europe’s low-cost brigade is stepping down: after 17 years as CEO with Norwegian, Bjorn Kjos announced during the Q2-results presentation on July 11 that he will retire from his position and take on a new role within the airline. “My...
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