Norse Atlantic ASA Overview
Pro stress-test →Norse Atlantic Airways is a new long-haul airline that offers affordable fares on transatlantic routes, specializing in direct flights between Europe and the United States with a focus on making intercontinental travel accessible. By summer 2025, the airline had carried more than 4 million passengers and was awarded best long-haul airline in the value segment for Northern Europe by Skytrax in June 2025.
Strategic Profile
Pro stress-test →Norse operates a fleet of 12 Boeing 787 Dreamliners with fuel-efficient aircraft taking passengers on direct flights to cities like New York, Los Angeles, Bangkok, Cape Town, Rome, Athens, Paris and more. As from the first quarter of 2025, the company will wet lease aircraft to the Indian airline IndiGo on longer term contracts, starting with one aircraft, gradually increasing up to four aircraft during the second half of 2025, securing year-round fixed revenue.
Competitive Landscape
Pro stress-test →Norse offers flights primarily between Europe and the United States, competing directly with legacy carriers, low-cost airlines, and other long-haul specialists. The airline differentiates through affordable transatlantic pricing and modern fuel-efficient aircraft but faces competition from established players like Norwegian Air Shuttle, European legacy carriers, and U.S. carriers on these routes.
Industry Context
Norse Atlantic ASA operates in Airlines - Long-haul Low-Cost Carriers.
Key facts
Founded: 2021 · Headquarters: Arendal, Norway · Employees: ~1,600 planned (full fleet) · Revenue: $222M USD (Q3 2024) · Market cap: ~$95M USD