Low price of oil could derail Norway’s F-35 purchase

Flight Global says media in Norway are saying that the low price of oil is putting pressure on the Norwegian government’s plan to buy all 52 F-35As.

First Norwegian F-35 Lightning II at Luke Air Force Base
By U.S. Air Force photo/Staff Sgt. Marcy Copeland [Public domain], via Wikimedia Commons

Norway derives a significant amount of income from oil revenue. A weak Norwegian Krone is not helping the situation either as it makes the fighter jet even more expensive.

Chief of Defense, Adm. Haakon Bruun-Hanssen, has since defended the plan, saying that reducing the number of aircraft is the last option.

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