Norwegian

  • Norwegian set to raise new funds

    Published on : Wednesday, April 14, 2021

    Norwegian airlines has updated the market on the forthcoming capital raise, setting an upper limit of NOK6 billion (£500 million). The low-cost carrier said cash would be used to sharply reduce debt. In addition, aircraft orders amounting to NOK85 billion …

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  • Norwegian plans to return to service from July

    Published on : Wednesday, April 7, 2021

    Norwegian Cruise Line announced that it is planning to return to service, with new itineraries sailing Europe and the Caribbean, from July 25. The line will restart operations at a reduced capacity with Norwegian Jade, Joy and Gem as the …

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  • Norwegian returning to Sweden and Stockholm Arlanda with three direct routes

    Published on : Tuesday, April 6, 2021

    The carrier plans to gradually increase the number of departures and resume more service in Sweden as demand increases and travel restrictions ease. Based on how the market develops in Sweden and elsewhere in the world and given new or …

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  • Norwegian to focus on short haul routes upon return

    Published on : Thursday, January 14, 2021

    Low-cost carrier Norwegian recently outlined a simplified business structure and dedicated short haul route network as it plans a return from the COVID-19 shutdown. The airline mentioned that with the latest plan the carrier is hoping to build a robust …

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  • Norwegian continues to struggle for survival

    Published on : Friday, January 8, 2021

    Norwegian recently revealed that traffic figures for December continued to be heavily influenced by lower demand caused by continued travel restrictions across Europe although Christmas bookings were positive. Around 129,664 customers flew with Norwegian in December, a decrease of 94 …

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  • Norwegian’s traffic figures heavily impacted by COVID-19

    Published on : Friday, January 8, 2021

    Norwegian Air’s traffic figures for December were heavily influenced by lower demand caused by continued travel restrictions across Europe. However, Christmas bookings were positive. In December, 129,664 customers flew with Norwegian, a decrease of 94 percent compared to the same …

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  • Norwegian third quarter results heavily impacted by COVID-19

    Published on : Wednesday, November 11, 2020

    Norwegian today reported its third-quarter 2020 results. As anticipated, these were heavily impacted by the COVID-19 pandemic with a net loss of NOK 980 million. Norwegian carried approximately one million customers, a decrease of 91 percent compared to the same …

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  • Norwegian is very disappointed about lack of government support

    Published on : Tuesday, November 10, 2020

    The government of Norway today announced that Norwegian will not receive further financial support, which Norwegian had clearly communicated was necessary to maintain operations throughout the Covid-19 crisis. The company is now facing a very uncertain future, but it will …

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  • COVID-19 continues to heavily impact Norwegian’s traffic figures

    Published on : Friday, November 6, 2020

    Norwegian Air’s traffic figures for October are heavily influenced by lower demand caused by continued travel restrictions across Europe, with several new red zones. In October, 319,477 customers flew with Norwegian, a decrease of 90 percent compared to the same …

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  • COVID-19 heavily impacts Norwegian’s September traffic figures

    Published on : Wednesday, October 7, 2020

    Norwegian’s traffic figures for September are heavily influenced by lower demand caused by new and stricter travel restrictions across Europe. In September, 319,370 customers chose to fly with Norwegian in September, a decrease of 90 percent The capacity (ASK) this …

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  • Norwegian’s August 2020 traffic figures heavily influenced by travel restrictions and drop in demand

    Published on : Saturday, September 5, 2020

    Norwegian’s traffic figures for August are heavily influenced by the COVID-19 outbreak and the subsequent travel restrictions and drop in demand. In August, capacity was 94% lower than last year, while the flights that were operated had a load factor …

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  • Norwegian Air set to resume flight operations

    Published on : Wednesday, June 17, 2020

    Norwegian Air recently announced that it is finally planning to resume operations after surviving the worst crisis in history

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  • Norwegian finalizes recapitalization and secures state aid

    Published on : Thursday, May 21, 2020

    Norwegian confirms that the restructuring is completed and that the state loan guarantee of in total NOK 3 billion has been approved. The company has now converted NOK 12.7 billion of debt to equity and laid a solid foundation for …

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  • Norwegian subsidiaries file for bankruptcy

    Published on : Tuesday, April 21, 2020

    Most countries having advised against or banned non-essential travel and the closure of borders and quarantine restrictions has effectively brought the entire airline industry to a halt. Consequently, almost all of the flight operations offered by Norwegian have been cancelled, …

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  • Norwegian to suspend more than 4000 flights and implement layoffs

    Published on : Friday, March 13, 2020

    Following the U.S. ban on travel from most of Europe and the escalating coronavirus situation, Norwegian has decided to ground 40 percent of its long-haul fleet and cancel up to 25 percent of its short-haul flights until the end of …

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  • Norwegian reports higher unit revenue and improved punctuality in February

    Published on : Thursday, March 5, 2020

    Norwegian’s traffic figures for February show that the company continues to deliver on its strategy of moving from growth to profitability, with significant improvements in unit revenue and a better punctuality. Due to the COVID-19 virus Norwegian currently experiences reduced …

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  • Norwegian reports higher unit revenue, record high punctuality and higher load factor

    Published on : Thursday, February 6, 2020

    Norwegian’s traffic figures for January show that the company continues to deliver on its strategy of moving from growth to profitability with significant improvement in unit revenue, load factor and record high punctuality.   Norwegian carried 1,974,606 customers in January. …

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  • Norwegian implements new hand luggage policy

    Published on : Thursday, January 23, 2020

    To ensure that everyone travelling with Norwegian Air has a smooth, comfortable flight that departs on time, the company has implemented a new hand baggage policy. Bookings made before January 23 will not be affected by the new policy.   …

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  • Norwegian appoints Jacob Schram

    Published on : Wednesday, November 20, 2019

    Norwegian has appointed Jacob Schram as the new chief executive     After the surprise departure of Bjorn Kjos In July, Geir Karlsen led the airline on an interim basis and will be working in the role of chief financial …

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  • Norwegian is enhancing its nonstop service between Chicago and Denver

    Published on : Wednesday, November 13, 2019

    Norwegian is enhancing its nonstop service with new European flights scheduled between Chicago and Denver, as per the airline.   Starting in the spring, Norwegian emphasized that it will add nonstop service from Chicago to Paris and Rome as well as from …

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