Norse Atlantic lands lease deal with PIA
FROM THE PUBLISHER
Norse Atlantic Airways will lease two Boeing 787-9 Dreamliners to Pakistan International Airlines (PIA), it said on Friday, in the ‌latest move by the struggling Norwegian airline to shore up its finances. The agreement helps Norse retain a key ACMI (aircraft, crew, maintenance and insurance) contract after India's largest airline, IndiGo, said in July it would end its wet-lease arrangement with the Norwegian group. Norse, faced with soaring jet fuel costs, has been reducing its…
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