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Transatlantic start-up carrier signs for more Dreamliners

Start-up transatlantic carrier Norse Atlantic Airways has agreed to lease six additional Boeing 787-9 Dreamliners from December.

The agreement with leasing firm BOC Aviation increases the company’s fleet to a total of 15 Dreamliners.

The lease “at attractive rates and payment terms” allows the carrier a flexible implementation during start-up of its operations.

A statement said: “With this transaction, Norse continues to execute on its strategy of making transatlantic travel affordable to everyone by utilising a uniform fleet of modern, fuel-efficient and more environmentally friendly aircraft and through competitive and flexible lease structures.”

Norse Atlantic Airways, seeking to fill the void left by Norwegian Air withdrawing from North Atlantic flying last year due to the pandemic, was established in February with its shares trading on Euronext Growth Oslo in April.

The airline plans to initially serve destinations such as New York, Los Angeles, Miami, London Paris, and Oslo.

The company has said it may expand the route network to include destinations in Asia as more Dreamliners enter the fleet.

However, growth will be based “exclusively on demand and profitability”.

Founder and chief executive Bjørn Tore Larsen (pictured) said: “We are pleased to expand our leasing relationships to include a lessor the calibre of BOC Aviation as we grow our fleet and continue to build our organisation for take-off.

“We very much look forward to welcoming customers on both sides of the Atlantic on board these state-of-the-art aircraft as soon as demand for transatlantic travel resumes”.

Described by the airline as a self-made entrepreneur, he co-founded aviation management company OSM Aviation in 2013, which has since expanded into flight schools in Europe and the US.

BOC Aviation managing director Robert Martin added: “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-efficient Boeing 787 Dreamliners.

“We look forward to building on this new relationship with Norse and working with the airline on its future fleet requirements.”

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