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Norwegian Air Shuttle ASA Establishes Two New Subsidiaries as Part of Change in Company Structure


Tuesday, 15 Oct 2013 03:16pm EDT 

Norwegian Air Shuttle ASA announced that the Board of Directors has decided on a new company structure to ensure international growth and necessary traffic rights. Norwegian Air Shuttle will still be the parent company. Two fully owned subsidiaries will be established, each with their own air operator's certificate (AOC) - one in Norway and one in the EU. The company intends to offer pilots at bases outside of Scandinavia permanent employment. All pilots permanently employed in Scandinavia will be transferred to the Norwegian operating company. In line with legal developments in Europe, fully owned country-specific resource companies will be established. Hired pilots will be offered permanent employment locally in the respective resource companies. 

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28 Nov 2014