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Norwegian doubles 2019 underlying operating result before ownership costs and achieves cost-reduction target
Press releases • Feb 13, 2020 06:01 GMT
Norwegian today reported its full year and fourth quarter 2019 results. Year on year, unit revenue increased in nine consecutive months, driven by maturing routes and the optimisation of Norwegian's global route network. The punctuality has improved considerably during the past six quarters, and in the fourth quarter 2019 it was up 3.1 percentage points to 82.6 percent.
Norwegian continues to reduce emissions with upgraded technology – up to 200,000 tons per year
Press releases • Feb 07, 2020 10:49 GMT
Norwegian continues to reduce emissions with new technology and new aircraft. The upgraded weather service provided by AVTECH Sweden AB, can reduce CO2 emissions by an additional 10,000 – 15,000 tons per year. In the past few years.
Norwegian reports higher unit revenue, record high punctuality and higher load factor
Press releases • Feb 06, 2020 07:00 GMT
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 launches new route to Greece
Press releases • Feb 05, 2020 15:57 GMT
Airline adds capacity to key European routes for summer 2020
Norwegian implements new hand baggage policy
Press releases • Jan 24, 2020 13:19 GMT
To ensure that everyone travelling with Norwegian has a smooth, comfortable flight that departs on time, the company is today implementing a new hand baggage policy. Bookings made before January 23rd will not be affected by the new policy.
Norwegian wins two coveted accolades at the Airline Economics Aviation 100 Awards
Press releases • Jan 21, 2020 10:05 GMT
Airline wins CFO / Treasury Team of the Year and the Aviation 100 Equity Deal of the Year. Norwegian recognised for multiple milestones throughout 2019 as airline continues strategic change moving from growth to profitability
Norwegian reports higher unit revenue, better on-time performance and lower CO2-emissions in 2019 – unit revenue increase by 21 percent in December
Press releases • Jan 07, 2020 07:01 GMT
Norwegian’s traffic figures for 2019 show that the company is delivering on its strategy of moving from growth to profitability. The planned capacity reduction and optimisation of the route network have had a positive impact on the figures. More than 36 million passengers chose to travel with Norwegian in 2019.
Norwegian launches Boxing Day sale on all long-haul flights from the UK
Press releases • Dec 27, 2019 12:35 GMT
Transatlantic flights from £134.90 one-way Flights to South America from £179.90 one-way Fly to Europe from £29.90 one-way in the sale
Norwegian upcycles uniforms into a series of new, sustainable products
Press releases • Dec 17, 2019 11:32 GMT
Norwegian’s latest project with UNICEF Norway helps children, provides work for immigrant women and reduces the company’s environmental impact. By upcycling the company’s uniforms, thousands of items can be saved from landfills – a crucial move in the fight against textile waste.
Christmas Day can now last that little bit longer thanks to Norwegian
Press releases • Dec 16, 2019 13:30 GMT
If you are dreaming of jetting off this Christmas but thought it was too late to book you can still fly away thanks to Norwegian.
Norwegian offers customers CO2-offsetting and becomes first airline to sign UN climate action initiative
Press releases • Dec 05, 2019 12:41 GMT
Norwegian has partnered with climate company CHOOOSE to make it easy for customers to offset their carbon footprint when buying a ticket with the airline. The initiative has been welcomed by the United Nations Framework Convention on Climate Change (UNFCCC).
Norwegian’s unit revenue increased by 18 percent in November
Press releases • Dec 05, 2019 07:03 GMT
Norwegian’s traffic figures for November shows an increased unit revenue for the eighth consecutive month and was up 18 percent compared to the same month previous year. At the same time, the capacity was reduced, which is in line with the company’s strategy. The load factor was 83 percent, up by 4.2 percentage points.
Marty St. George appointed interim Chief Commercial Officer at Norwegian
Press releases • Dec 04, 2019 16:09 GMT
Marty St. George has today been appointed interim Chief Commercial Officer (CCO) at Norwegian following changes in the company’s top management team. St. George has extensive experience from the aviation industry. Until recently, he held the position as CCO of Jet Blue Airways.
Norwegian sells Argentinian subsidiary to JetSMART Airlines
Press releases • Dec 04, 2019 15:42 GMT
Norwegian Air Shuttle has signed an agreement for the sale of 100 per cent of its Argentinian subsidiary Norwegian Air Argentina (NAA) to JetSMART Airlines. “We’re taking necessary steps to return to profitability,” said acting CEO Geir Karlsen.
Jacob Schram appointed new CEO of Norwegian
Press releases • Nov 20, 2019 10:35 GMT
Norwegian’s Board of Directors has today appointed Jacob Schram as CEO of Norwegian, starting January 1st 2020. Geir Karlsen will continue as CFO and Deputy CEO.
Norwegian has raised new capital
Press releases • Nov 06, 2019 13:11 GMT
Norwegian has raised NOK 2.5 billion in gross proceeds through a private placement and a convertible bond issue of USD 150 million. After the completion of the transactions, Norwegian is fully funded through 2020 and beyond.
Norwegian reports higher load factor and unit revenue in October
Press releases • Nov 05, 2019 15:48 GMT
Norwegian’s traffic figures for October shows an increased unit revenue for the seventh consecutive month and was up six percent compared to the same month previous year. The load factor was up by more than two percent.
Norwegian’s new route to Bergen from Manchester takes off
Press releases • Oct 28, 2019 14:18 GMT
Airline commences twice-weekly service with fares from £43.90 one-way
Norwegian reports its best ever quarterly result with a profit before tax of NOK 2.2 billion
Press releases • Oct 24, 2019 06:00 BST
Norwegian’s third quarter results are characterised by improved profitability, higher unit revenue, lower unit cost and reduced growth, in line with the strategy. Profit before tax improved by 38 percent to NOK 2.2 billion compared to the same quarter last year.
Norwegian to establish a joint venture for parts of its aircraft fleet with China Construction Bank Leasing Corporation
Press releases • Oct 24, 2019 05:24 BST
The purpose of the joint venture (JV) between Norwegian and China Leasing International Corporation DAC (CCBLI) will be to finance, own and lease aircraft that Norwegian has on order. The agreement will strengthen Norwegian’s financials considerably.