Norse Atlantic Seeks Lifeline in Lease Talks for 787 Dreamliners

Norse Atlantic ASA is in crisis mode as it scrambles to lease out Boeing 787 Dreamliners. The Norwegian budget carrier's cash reserves are low, and rising fuel costs are taking a toll on its finances.

The airline is negotiating with two Asian airlines, Pakistan International Airlines and Biman Bangladesh Airlines, over the terms of a potential lease agreement for six widebody planes.

The talks could result in either a dry lease or a wet lease, with the latter including crew, maintenance, and insurance services. Details on the negotiations are scarce, but it's clear that Norse Atlantic is desperate to secure some liquidity.