Norse Atlantic has drawn strong interest in a strategic review that could lead to a sale, merger or partnership, as the airline works through a second-quarter loss and prepares to regain full control of six Boeing 787-9s leased to IndiGo. The carrier’s latest results show multiple parties have signed NDAs, while the IndiGo ACMI arrangement is ending and all six aircraft are due back by 1 November 2026.
The formal process has moved beyond preliminary talks, although no bidder has been identified and no transaction has been agreed. Norse linked the review to stronger demand from potential investors and partners, and to the operational flexibility that will come with the return of the Dreamliners. Management has also pointed to the fleet as a key lever for future leasing or network decisions.
The second-quarter figures underline the pressure behind the review. Revenue reached $132 million, but profitability was hit by higher fuel costs, lower aircraft utilisation and operational disruption. Norse has been reshaping capacity around its own long-haul network and third-party leasing, and the end of the IndiGo arrangement leaves it free to redeploy the aircraft across alternative ACMI work or scheduled services.