
Norse Atlantic Airways completed a private placement, raising NOK612 million (€50m) in gross proceeds.
Shareholdings in the company have shifted, with the founder and CEO’s stake decreasing from 19.9pc to 17.27pc, and Scorpio Holdings Limited’s stake decreasing from 20.5pc to 17.83pc.
Norse Atlantic Airways has appointed Seabury Securities as a strategic advisor to explore and guide the company’s future directions, following interest from other airlines in buying a stake.