Arendal ,2 August 2021 :Norse Atlantic ASA (the "Company" or "Norse") has agreed to lease six (6)Boeing 787-9 Dreamliners fromBOC Aviation Limited . The lease is at attractive rates and payment terms, allowing the Company a flexible implementation during start-up of its operation. The lease is for a term of approximately 16 years per aircraft and the Company expects to take delivery of the aircraft inDecember 2021 . This agreement increases the Company's fleet to a total of fifteen (15)Boeing 787 Dreamliners. With this transaction, Norse continues to execute on its strategy of making transatlantic travel affordable to everyone by utilizing a uniform fleet of modern, fuel-efficient and more environmentally friendly aircraft and through competitive and flexible lease structures. "We are pleased to expand our leasing relationships to include a lessor the calibre ofBOC Aviation as we grow our fleet and continue to build our organization for take-off," said BjørnTore Larsen , founder and Chief Executive Officer of Norse. "We very much look forward to welcoming customers on both sides of theAtlantic on board these state-of-the-art aircraft as soon as demand for transatlantic travel resumes". "We are delighted to welcome Norse as a new customer as we support the airline's plans to serve the low-cost intercontinental market with fuel-efficientBoeing 787 Dreamliners," saidRobert Martin , Managing Director and Chief Executive Officer ofBOC Aviation . "We look forward to building on this new relationship with Norse and working with the airline on its future fleet requirements." Investor contacts:James Lightbourn , CFO james.lightbourn@flynorse.com Ben Boiling, VP Finance ben.boiling@flynorse.com Media contact:Lasse Sandaker-Nielsen media@flynorse.com AboutNorse Atlantic Airways Norse Atlantic Airways is a new innovative airline planning to serve the international, low-cost market between popular European and US destinations with a fleet of modern, fuel-efficient and more environmentally friendlyBoeing 787 Dreamliners. NorseAtlantic Airways was established inFebruary 2021 with its shares admitted to trading on Euronext Growth Oslo inApril 2021 . For more information, visit www.flynorse.com. This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. Thisstock exchange release was published by Ben Boiling, VP Finance,Norse Atlantic ASA , on2 August 2021 at06:30 CET .
Click here for more information
© Oslo Bors ASA, source