Norwegian Air Reconsiders Listing of Long-Haul Unit, DI Says

Norwegian Air Shuttle AS (NAS) is reconsidering the listing of a long-haul unit on the Oslo and Stockholm stock exchanges after delays to its launch, Chief Executive Officer Bjoern Kjos told Dagens Industri.

The commencement of flights on long-haul routes to Thailand and the U.S. will be delayed until at least the first quarter 2013, the Stockholm-based newspaper reported. Norwegian may decide to operate the unit as a wholly owned subsidiary, Kjos told the newspaper.

To contact the reporter on this story: Stephen Treloar at streloar1@bloomberg.net

To contact the editor responsible for this story: Christian Wienberg at cwienberg@bloomberg.net

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