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Norwegian sells five Airbus 320s. The transaction is expected to increase the company's cash flow by $ 62 million, well over $ 500 million.
According to a company announcement, the aircraft are currently leased to another airline.
This is the Norwegian subsidiary, Arctic Aviation Assets, which has signed an agreement for the sale of the five aircraft, writes Dagens Næringsliv.
The selling price is not stated in the Norwegian announcement, but the company writes that the operation is expected to increase Norwegian liquidity by 62 million, or about 516 million NOK, after repayment of the debt.
The delivery of the aircraft is expected to take place during the fourth quarter.
(© NTB)
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