March 3 (Reuters) - Norwegian Air Shuttle ASA ( NWARF ):
* AGREEMENT TO PURCHASE 10 BOEING ( BA ) 737-800 AIRCRAFT
* ON COMPLETION OF TRANSACTION, NORWEGIAN EXPECTS TO RECORD
A
NON-RECURRING GAIN OF APPROXIMATELY NOK 570 MILLION
* TRANSACTION IS EXPECTED TO GENERATE RECURRING COST SAVINGS
NET
OF FINANCING COSTS OF AN AVERAGE OF APPROXIMATELY NOK 200
MILLION PER YEAR
* TRANSACTION IS EXPECTED TO CLOSE IN Q1 OF 2025
* ACQUISITION WILL INITIALLY BE FUNDED THROUGH COMPANY'S
CASH ON
HAND
Source text:
Further company coverage:
(Gdansk Newsroom)