Norwegian Airlines News
Norwegian sees losses narrow in first quarter
Norwegian has reported a net loss of 46 million Norwegian kroner, or £4.1 million, for the three months ended March 31st. The quarter was characterised by international expansion, strong passenger growth and higher fuel cost, the carrier said.
International Airlines Group takes stake in Norwegian as it mulls acquisition
International Airlines Group has acquired a 4.61 per cent minority ownership position in Norwegian Air Shuttle. The group – which owns British Airways, Aer Lingus and Iberia – said it considers the low-cost airline to be an “attractive investment” opportunity.
Norwegian launches new low-cost, long-haul route to Austin, Texas
Norwegian is continuing its global expansion by launching the UK’s first low fare route to Texas, with the only non-stop service from London Gatwick to Austin, Texas.
Norwegian seeks to stabilise finances with share issue
Norwegian has raised nearly US$170 million in a share issue as it continues to battle intense competition in the transatlantic market. The low-cost carrier said it may also go to the market again soon as it seeks to stabilise its finances.
Norwegian boosts New York State connections from Dublin
Europe’s third largest low-cost airline first launched transatlantic flights from Dublin to Stewart International Airport in New York State and Providence, Rhode Island, last summer using brand new Boeing 737 MAX aircraft offering up to 189 seats.
Norwegian welcomes final Boeing 737-8 as 737 MAX era begins
Norwegian has taken delivery of its 100th direct buy Boeing 737-800 aircraft, the last of this aircraft type to join its fleet. Norwegian originally ordered 42 737-800 in 2007 and leased 26 of these aircraft between 2008 and 2016.
Norwegian slips into red for financial 2017 as expansion continues apace
Norwegian today reported a net loss of NOK299 million, or £27 million, for financial 2017. Significant costs related to increased fuel prices, wet lease, and passenger care affected results, the low-cost carrier said.
Norwegian launches new low-cost route to Argentina
Norwegian is continuing its global expansion today by launching the UK’s first low fare route to South America, with a non-stop service from London Gatwick to Buenos Aires.
Norwegian to focus on Gatwick as global expansion continues
Speaking at an event at The Shard, Norwegian chief executive Bjorn Kjos said: “The UK will be at the heart of our continued global expansion and we remain fully committed to the market.“
gategroup and Norwegian expand global partnership
gategroup and Norwegian have agreed to further strengthen their relationship by signing an extensive, long-term global partnership agreement.
Norwegian carries 2.3m passengers in January
Norwegian carried more than 2.3 million passengers in January, an increase of 11 per cent compared to the same month previous year. The growth is primarily driven by international expansion, with a 55 per cent growth, the intercontinental routes constitute the highest share.
Norwegian breaks transatlantic crossing record
Low-cost airline Norwegian has set a new record time for the fastest ever transatlantic flight by a subsonic passenger aircraft using the Boeing 787-9 Dreamliner. Norwegian flight DY7014 from New York JFK to London Gatwick on Monday January 15th completed the full duration of the flight in five hours and 13 minutes – the fastest transatlantic flight recorded on a subsonic commercial aircraft.