AMWatch

Norwegian fund managers make post-pandemic bet on new airlines

Fund managers DNB and Delphi have taken large positions in two domestic airline companies that have yet to make any flights. They are taking a bet on stocks that will benefit from the post-pandemic re-opening.

Photo: Jens Dresling

Norwegian airlines Norse Atlantic and Flyr have received millions Norwegian krones in capital from two of the country's largest fund managers.

Funds Delphi Nordic and DNB SMB were among the anchor investors in the airlines before they went public. Together, the two companies hold the second-largest position in the Delphi Nordic fund, Norwegian media E24.no writes.

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