Norwegian reports increased unit revenue and higher load factor in August
Norwegian carried more than 3.5 million passengers in August. The unit revenue increased by three percent and the load factor was 90 percent, up 0.4 percentage points.
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Norwegian launches Autumn sale with fares to the US from just £134.90 one-way
Flights to South America available from just £199.90 one-way Fly to Europe from £28.90 one-way in the sale
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Norwegian Air Shuttle offers bondholders security in exchange for amended bond maturities
Norwegian Air Shuttle (“NAS” or the “Company”) is executing on its strategic plan from growth to profitability and cash generation. To ensure successful operations and adequate liquidity headroom, NAS is requesting to extend the maturity dates of its two unsecured bonds in exchange of a security package backed by the attractive take-off and landing slots at London Gatwick Airport.
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Norwegian to end transatlantic flights between Ireland and North America from 15 September 2019
As the airline moves from growth to profitability, we have conducted a comprehensive review of our transatlantic operations between Ireland and North America and considering the grounding of the Boeing 737 MAX aircraft, we have concluded that these routes are no longer commercially viable.
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Norwegian reports higher load factor in July
Norwegian carried more than 3.7 million passengers in July. The load factor was 93.5 percent, up half a percentage point.
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CFO Geir Karlsen appointed interim CEO of Norwegian as Bjørn Kjos steps down
After 17 years as the CEO of Norwegian Air Shuttle, Bjørn Kjos (72) will leave the position and continue in a new role as an advisor to the Chairman, with effect from July 11th. Until Norwegian appoints a new CEO, CFO Geir Karlsen (54) will act as interim CEO, while Chairman Niels Smedegaard (57) will take on a more active role in the management.
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Norwegian’s financial turnaround moves in the right direction: Increased revenue and reduced cost
Norwegian’s second quarter results are characterised by reduced growth and improved profitability, in line with the company’s strategy. Despite the reduced production growth and grounding of the Boeing 737 MAX aircraft, the underlying operating result before ownership costs more than doubled from the same quarter in 2018.
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Norwegian celebrates five years of low-cost long-haul at London Gatwick with 15% reduced fares from under £140
Norwegian today marks five years of operating long-haul flights at London Gatwick which has transformed the transatlantic market and benefitted UK consumers with lower fares.
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Norwegian reports improved unit revenue and higher load factor in June
Norwegian carried almost 3.5 million passengers in June. The company’s unit revenue improved by 10 percent compared to the same month previous year.
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Norwegian launches 75,000 seats from Edinburgh to Scandinavia this winter with fares from £45
Award-winning airline, Norwegian today announces the launch of more than 75,000 seats between Edinburgh and Europe this winter.
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Norwegian Holidays has relaunched to give customers an even better package travel experience
Airline has relaunched its package holiday solution Norwegian Holidays with new partner TripX
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Norwegian begins release of sizzling hot fares to the USA for Summer 2020 from under £160
Norwegian today announces the release of more than one million seats to the USA, launching the release of its summer 2020 flight schedule.
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