Norse Atlantic has signed an ACMI agreement with Pakistan International Airlines (PIA), which will allow it to place two Boeing 787-9 aircraft with the Pakistani company. These aircraft will be used to enhance PIA's connections to the United Kingdom. The planes are expected to enter service with PIA starting in early November, marking the introduction of the first Dreamliner aircraft to the Pakistani market. The Dreamliner is a series of long-range, fuel-efficient jet airliners manufactured by Boeing. Norse Atlantic highlights its flexibility in managing its ACMI aircraft, noting that it is currently handling the return of six 787-9 aircraft that were previously operated by IndiGo, an Indian airline. IndiGo is expected to return all the aircraft by October 31. The company says it is fulfilling its commitments by gradually reallocating its aircraft to new ACMI opportunities. This strategy allows Norse Atlantic to maintain a balanced business model, focusing on utilization rates, predictable cash flow, and long-term value creation. Eivind Roald, CEO of Norse Atlantic, expressed satisfaction with the agreement, stating, "We are pleased to support the expansion of PIA's long-haul capabilities and to strengthen connectivity between the United Kingdom and Pakistan." He emphasized that charters and ACMI agreements are key components of the company's strategy, enabling it to seize global capacity opportunities effectively. Norse Atlantic is currently in discussions with several other companies regarding potential ACMI agreements, indicating its ongoing efforts to expand its fleet management and operational reach. These agreements typically involve a company providing aircraft, crew, maintenance, and insurance to another airline, allowing the latter to operate flights without owning the planes.