- After supporting Norse’s management in assessing strategic options for the company, Seabury will focus on supporting the company in the execution of some of those options as Investment Banker.
- The agreement marks an important step in the future strategy of Norse Atlantic Airways.
As announced in November 2023, Seabury Securities (Seabury), was appointed as strategic advisor to explore and guide the airline's future strategic direction. After completion of the initial phase of this process, Norse Atlantic is pleased to announce that the company will now engage Seabury as investment banker to execute some of Norse’s strategic initiatives including developing strategic partnerships with an existing airline which may include a material ownership stake.
“The first phase of the strategic review conducted by Seabury is now complete, I am pleased that we are now progressing to the next phase with the aim to conclude on opportunities that will ultimately benefit our customers, shareholders and employees,” said Bjorn Tore Larsen, CEO and Founder Norse Atlantic Airways.