Credit: Joe Pries
Long-haul specialist Norse Atlantic has further shored up its finances by securing a $20 million revolving credit facility from its two largest shareholders. Scorpio Holdings currently holds 21.22% and BT Larsen & Co. holds 18.88% of the carrier’s issued shares. BT Larsen & Co. is ultimately...
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Norse Atlantic Secures Funds, Sees Promising Summer Season is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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