Norse Atlantic Weighs Alliance Options With Larger Airlines (1)

Norse Atlantic ASA has been approached by two larger airlines interested in buying a minority stake in the young carrier, Chief Executive Officer Bjorn Tore Larsen said, as he weighs a potential partnership that would bolster the company’s low-cost, long-haul business plan.

An alliance would help the transatlantic discounter save on costs and increase revenue, while providing access to the partner’s network, Larsen said in an interview Wednesday in London. He declined to identify the suitors but said both were cash-rich: one a major airline, the other medium-sized.

The CEO spoke after Norse, which started transatlantic services in June 2022, ...