Norse Atlantic Airways has officially launched a new route from Oslo in Norway towards Bangkok in Thailand.
Following the launch of this service, Norse will be the only airline offering such a connection. It’ll utilise its Boeing 787 fleet to operate the service.
A Shifting Of Focus
This upcoming Northern winter season, the airline is seeing a shift in focus for its route network as it looks towards ensuring more robust performance.
Primarily for airlines such as Norse operating with a similar business model out of a similar location, the summer demand is always more substantial than the winter demand.
For Norse Atlantic, their mission this winter schedule has been to adapt and find ways in which performance can continue. To achieve this, an adjustment of its route network has seen the focus shift towards more warm weather destinations.
The warm weather destinations also include notably the commencement of their first route heading East rather than West, this being Bangkok.
Today marks a momentous occasion for Norse Atlantic Airways, and for both Norway and Thailand. We are proud to be the only airline offering this direct connection, making travel more convenient and accessible for people of both nations. Our aim is to further strengthen ties and promote cultural exchange between these two incredible destinations.Bjørn Tore Larsen, CEO and Founder of Norse Atlantic Airways.
The Norse Atlantic Fleet
Norse Atlantic Airways currently has four Boeing 787 Dreamliners to its name. These units were acquired through an operating lease with AerCap and BOC Aviation.
The fleet of Boeing 787-9 Dreamliners average an age of 5 years, with the youngest unit sitting at 4.3 years.
Registrations for the four in-service aircraft are LN-FNA, LN-FNB, LN-FNC and LN-FND. The aircraft comes equipped with the Rolls Royce Trent 1000 engines.
Norse Chasing Liquidity
Away from a new route launch, Norse Atlantic is also raising USD 45 million in additional liquidity. This is in a bid to tie it over the slower seasons aforementioned.
Additionally, Norse wants to be able to settle ongoing obligations with critical suppliers. However, due to softening demand across upcoming months and financials being slower, it wants to be prepared.
Thankfully for Norse, they’re hardly receiving a lack of support. Currently, major shareholders have already expressed support for the fundraising efforts outlined.