Danish Air Transport becomes Norra’s majority shareholder

Norra - Nordic Regional Airlines ATR 72-212A (ATR 72-500) OH-ATF (msn 744) HEL (Ton Jochems). Image: 937415.

Finnair has released this statement:

Danish Air Transport (DAT) has acquired 60% of Nordic Regional Airlines AB (Norra) from Finnair, which held the 100 % stake in Norra on an interim basis after Norra’s previous owners who held 60% of shares exited the business in November 2017.

Finnair continues to own 40% of the company. As such, the transaction has no impact on Norra’s operations, personnel or purchase agreement between Finnair and Norra.

Norra operates Finnair’s domestic and European routes with a total of 24 ATR and Embraer aircraft.

The transaction requires approval by the Finnish Competition and Consumer Authority.

Top Copyright Photo (all others by Norra): Norra – Nordic Regional Airlines ATR 72-212A (ATR 72-500) OH-ATF (msn 744) HEL (Ton Jochems). Image: 937415.

Norra aircraft slide show:

DAT Route Map:

Advertisements