Norwegian To Buy Nordic Leisure Travel Group, Absorb Sunclass Airlines

Sunclass A330neo

Sunclass, which has an all-Airbus fleet including twin-aisle A330neos, will be taken over by Norwegian under the deal.

Credit: Joe Pries Aviation
Norwegian is entering the hotel and leisure sector through an $840 million deal to buy Nordic Leisure Travel Group (NLTG), which owns Sunclass Airlines, an all-Airbus charter operator that has twin-aisle A330neos in its fleet. Low-cost carrier Norwegian hopes the move will drive growth by combining...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

Subscription Required

 

Norwegian To Buy Nordic Leisure Travel Group, Absorb Sunclass Airlines is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.