Bjørn Tore Larsen, founder of the Norway-based crew management firm OSM Aviation, of which Norwegian (DY, Oslo Gardermoen) was formerly a co-owner, has announced a new low-cost carrier, Norse Atlantic Airways. It will enter the long-haul market between Europe and North America by the end of year, and, in the long term, Asia, the start-up carrier has announced on its website.

Larsen has a 63% stake in the new venture through direct and indirect holdings, while Bjørn Kjos and Bjørn Kise, who pioneered low-cost…

Source: ch aviation
Read more: Norway’s Norse Atlantic Airways targets low-cost long-haul