OSLO (Reuters) - Norwegian Air
"The transaction is expected to increase the company's liquidity by approximately $50 million after repayment of debt and have a positive equity effect," Norwegian said.
"The sale is in line with the company's continued strategy of capitalizing on the scale built up over the last few years and the changed focus from growth to profitability," it said.
(Reporting by Terje Solsvik; editing by Jason Neely)