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Aircraft Financing

Press release -

Aircraft Financing

Norwegian Air Shuttle ASA has arranged and closed financing facilities in the amount of NOK 600 million for pre-delivery payment (PDP) financing. The facilities cover PDP financing for aircraft delivering in the current 2012 - 2014 financial planning time horizon.

These facilities are part of Norwegian’s continuously ongoing financing activities for a total of 55 new Boeing 737-800W aircraft delivering in the period from 2012 to 2018.

For further information please contact:

Frode Foss (CFO) +47 916 31 645

Karl Peter Gombrii (IR) +47 928 22 969

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Norwegian Air Shuttle ASA, commercially branded “Norwegian,” is a public low-cost airline noted on the Oslo Stock Exchange. The company is the second largest airline in Scandinavia, and has a route portfolio that stretches across Europe into North Africa and the Middle East. With competitive prices and customer friendly solutions and service, the company has experienced significant growth over the previous years. With more than 13 million passengers in 2010, Norwegian is the 3rd largest low-cost airline in Europe. Norwegian currently operates 61 aircraft on 297 routes to more than 100 destinations and employs approximately 2 500 people.

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Norwegian was founded in 1993 but began operating as a low-cost carrier with Boeing 737 aircraft in 2002. Since then, our mission has been to offer affordable fares for all and to allow customers to travel the smart way by offering value and choice throughout their journey.

Norwegian has been voted Europe’s Best Low-Cost airline by Skytrax for six consecutive years and won Airline Program of the Year Europe & Africa at the Freddie Awards for four consecutive years. Since 2012, Norwegian has won over 55 awards for our service, product, and innovation in the industry.

We were the first airline in the world to join the UN Climate Secretariat’s climate action-initiative in 2019, pledging to work systematically to become carbon neutral by 2050.

Norwegian operates a short haul network across the Nordics and to key European destinations providing customers with excellent quality at affordable fares.