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Norse Atlantic Airways signs lease agreements for six Dreamliners

Norse Atlantic Airways (“Norse”) has agreed to lease six (6) Boeing 787-9 Dreamliners from BOC Aviation Limited. The lease is at attractive rates and payment terms, allowing the company a flexible implementation during start-up of its operation. The lease is for a term of approximately 16 years per aircraft and the Company expects to take delivery of the aircraft in December 2021.

Boeing B 787 Dreamliner - Oslo Airport -Gardermoen 2012
Boeing B 787 Dreamliner at Oslo Airport, Norway (photo: ©otoerres)

This agreement increases the Company’s fleet to a total of fifteen (15) Boeing 787 Dreamliners. With this transaction, Norse continues to execute on its strategy of making transatlantic travel affordable to everyone by utilizing a uniform fleet of modern, fuel-efficient and more environmentally friendly aircraft and through competitive and flexible lease structures.

– We are pleased to expand our leasing relationships to include a lessor the calibre of BOC Aviation as we grow our fleet and continue to build our organization for take-off, said Bjørn Tore Larsen, founder and Chief Executive Officer of Norse.

Bjørn Tore Larsen - Norse Atlantic Airways
Bjørn Tore Larsen (Photo: NAA)

– We very much look forward to welcoming customers on both sides of the Atlantic on board these state-of-the-art aircraft as soon as demand for transatlantic travel resumes”.

– We are delighted to welcome Norse as a new customer as we support the airline’s plans to serve the low-cost intercontinental market with fuel-efficient Boeing 787 Dreamliners, said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation.

– We look forward to building on this new relationship with Norse and working with the airline on its future fleet requirements.”

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