Norse appointed Seabury Securities as its investment banker in January, tasking it with seeking potential investments from strategic partners and commercial partnerships.
The airline, which flies transatlantic from Gatwick, said this week one strategic investment option “in advanced stage of discussions” had ended with no formal agreement reached.
The carrier will update investors on Tuesday (2 July) in Oslo when it will detail its strategic process and second quarter and give an outlook for 2024 and 2025. Norse revealed a 2023 loss of $168.6 million in its first full year of operation, although its first half was a ramping-up of its activities.
