Norse Atlantic Secures $20 Million in Funding to Boost Liquidity Amid Financial Struggles
Norse Atlantic ASA, the parent company of the low-cost, long-haul carrier Norse Atlantic Airways based in Oslo Gardermoen, has successfully secured a significant financial boost with a $20 million revolving credit facility. This crucial support, provided by its two largest shareholders, Scorpio Holdings Limited and B T Larsen & Co Limited, is aimed at strengthening [...]