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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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
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 …
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, …
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 …
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 …
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. …
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. …
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 …
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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