Norse Atlantic Prepares to Start Sale Process as Costs Rise

Norse Atlantic ASA has brought on JPMorgan Chase & Co. to run a sale process set to kick off in the coming months, people familiar with the matter said, as...

By Vinicy Chan, Kate Duffy · Bloomberg

Norse Atlantic ASA has brought on JPMorgan Chase & Co. to run a sale process set to kick off in the coming months, people familiar with the matter said, as the Norwegian budget airline struggles with high costs and dwindling cash reserves.