Norwegian has entered into an agreement to buy Norway’s regional carrier Widerøe. The $105 million deal, subject to approval by the Norwegian Competition Authority, has shocked aviation industry experts in the Nordic region.
In a stock exchange announcement, Norwegian CEO Geir Karlsen called the deal “a milestone in Norwegian aviation history,” adding that “our two airlines have existed side by side for many years and no one knows the aviation market in Norway better.”
Economic commentator Cecilie Langum Becker and BI Business School associate professor Espen Andersen are among the leading analysts surprised at the news. Both told NRK they were surprised and that the move
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