Norwegian Airlines News
Norwegian takes first modest steps toward recovery
In June, 225,509 passengers flew with Norwegian, which is approximately 100 per cent more than at the same time last year. The carrier operated just 15 planes last month, however.
Norwegian partners with Amadeus for health verification tool
The Amadeus solution will be embedded within the passenger self-service check-in experience, whether done through the airline app or website.
Karlsen to lead Norwegian after Schram sacked
Geir Karlsen has been appointed new chief executive of Norwegian Air Shuttle, effective immediately. Karlsen has held the position of chief financial officer with Norwegian since early 2018.
Norwegian continues to plot gradual recovery
Passenger numbers at the low-cost carrier have shown a noticeable increase in volume in line with vaccination roll-outs and changes to entry restrictions and quarantine regulations.
Norwegian completes financial restructuring process
The company said it can now look ahead with a significantly strengthened balance sheet and a right-sized aircraft fleet, as well as a simplified and effective structure.
Norwegian continues to struggle with low demand
Traffic figures for Norwegian in April were significantly impacted by government travel restrictions and therefore low demand. Just 59,431 customers flew with the low-cost carrier last month.
Norwegian reveals plan to raise new funds
Norwegian has updated the market on the forthcoming capital raise, setting an upper limit of NOK6 billion (£500 million). The low-cost airline said cash would be used to sharply reduce debt.
Oslo County Court approves Norwegian financial restructuring
The court reached a positive conclusion after the creditors approved the Norwegian reorganisation plan in a reconciliation period that ended on Friday.
Norwegian financial rescue approved in Ireland
A High Court judge in Ireland has approved the next steps in the financial reconstruction of low-cost carrier Norwegian. The airline will now send the same proposal for voting in Norway.
Ryanair veteran Dunne takes up new Norwegian role
Adrian Dunne will join Norwegian as the new executive vice president, operations. He has more than thirty years of experience as a leader within the aviation industry.
Norwegian takes next steps on financial restructuring
If the plan is approved by the Irish and Norwegian courts in the coming weeks, the company can continue the reconstruction processes and initiate a capital raise next month.
Norwegian continues to limp along amid pandemic
In February, 61,374 customers flew with the low-cost carrier, a decrease of 97 per cent compared to the same period last year. The load factor was 38 per cent, down 44 percentage points.