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| Industri | Fordon & Transport |
2024-02-12 08:00:14
Norse Atlantic Airways has agreed to extend the term for four subleased Boeing
787 aircraft. Three Boeing 787 - 8 Dreamliners have been extended by up to one
year from the original return date and will now be redelivered to
Norse between the end of March and the end of May 2025. Additionally, one Boeing
787 - 9 Dreamliner will be extended by two months before returning to Norse
Atlantic Airways in early May 2024, ahead of it entering Norse's peak summer
flying program. The agreement will increase total cash profit during the
extended sublease periods.
Norse has a total of 15 Boeing 787 Dreamliners. All 15 aircraft are on long-term
flexible lease terms agreed during 2021 when lease rates were at historical low
prices. The low lease pricing is fixed for the full duration of the leases, with
no inflationary adjustments.
"This extension to the sublease agreements for four of our Dreamliner aircraft
provides a further opportunity to increase secured total cash profit during the
lease period. Our strategy is to grow at a steady pace in line with market
demand. We intend to operate 12 Boeing 787 Dreamliner aircraft during our summer
2024 season and we look forward to building up to a fully operational fleet of
15 aircraft in 2025," said Bjørn Tore Larsen, CEO and Founder Norse Atlantic
Airways.
Philip Allport
Senior Vice President Communications
media@flynorse.com
Norse Atlantic Airways is an airline that offers affordable fares on long-haul
flights, primarily between Europe and the United States. The company was founded
by CEO and major shareholder Bjørn Tore Larsen in March 2021. Norse has a fleet
of 15 modern, fuel-efficient and more environmentally friendly Boeing 787
Dreamliners that serve destinations including New York, Los Angeles, Orlando,
Jamaica, Barbados, Bangkok, Miami, Oslo, Athens, London, Berlin, Rome and Paris.
The company's first flight took off from Oslo to New York on June 14, 2022.