Norwegian Air Shuttle signed an MOU with Finnair for acquisition of the latter's Swedish subsidiary FlyNordic, the carriers announced yesterday. The transaction will take place during the second quarter and is subject to regulatory clearance. FlyNordic will maintain its brand and continue to operate a low-fare service. "Norwegian has since the start in 2002 become Scandinavia's largest low-fare airline. This acquisition will strengthen our position in the Nordic region as well as in the ...

Subscribe to Access this Entire Article

"Norwegian to strengthen Scandinavian network with FlyNordic acquisition" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.