Aviation Source
• Len Varley
Norse Atlantic accelerates Project Falcon cost cuts; targets up to $50M annualized savings via staff and office downsizing
Norse Atlantic Airways is speeding up its “Project Falcon” cost reduction program, citing ongoing geopolitical tensions. Management expects annualized savings of up to $50 million, supported by staff cuts and a downsizing of its office footprint as the carrier pushes toward profitability.
