Brief: Norse Atlantic Signs Partners With International Airline For Six Aircraft Wet Lease Agreements

Norse Atlantic ASA

29/11/2024 07:31

Nov 29 (Reuters) - Norse Atlantic ASA  NORSE.OL :
    * LETTER OF INTENT WITH A REPUTABLE INTERNATIONAL AIRLINE
FOR WET
LEASE AGREEMENTS FOR SIX AIRCRAFT
    * TWO AIRCRAFT ARE EXPECTED TO BE DEPLOYED IN FEB 2025, WITH
AN
ADDITIONAL FOUR AIRCRAFT EXPECTED IN SEPT 2025
    * WILL BE ENTITLED TO PAYMENT FOR 350 BLOCK HOURS PER
AIRCRAFT
EACH MONTH
    * ESTIMATED CONTRACT VALUE OF USD 462 MILLION OVER EXTENDED
TERM

Source text:  ID:nWkr9ZCddr 
Further company coverage:  NORSE.OL 

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