Norwegian, one of Europe’s largest low-cost carriers, has announced an agreement to purchase ten Boeing 737-800 aircraft that are currently part of its leased fleet. The airline will fund the transaction using cash on hand, with the deal expected to be finalized in Q1 2025.
Norwegian has announced plans to establish a new pilot base in Sweden, set to open in April 2025. This move reflects the airline’s long-term commitment to expanding operations in Sweden, which it views as a critical market for 2025 and 2026.
Norwegian has implemented Program X, a strategic profitability program aimed at enhancing cost efficiency and operational synergies. The initiative is led by Jeanette Bo-Alnes, the newly appointed Chief Performance Officer, and will run until at least the end of 2026.
Norwegian has revised its 2024 group operating profit forecast to approximately US$161 million, reflecting a lower-than-expected performance. The adjustment is largely attributed to balance sheet changes resulting from the weakening of the Norwegian Krone (NOK) against the US Dollar (USD) during the fourth quarter of 2024.
Norwegian, the low-cost carrier based in Norway, has announced that it will discontinue its route between Evenes and London after only two months of service. The decision to drop the route comes as a result of insufficient demand, which made it unsustainable to continue operations. The short-lived route highlights the challenges airlines face in assessing and adapting to market demands,…
The Norwegian Group has announced its October 2024 traffic results, reporting a total of 2.6 million passengers. This figure reflects sustained growth for the group, which includes both Norwegian and Wideroe airlines. Norwegian’s own metrics saw Available Seat Kilometers (ASKs) increase by 10% year-over-year, while Revenue Passenger Kilometers (RPKs) rose by 11%, indicating strong demand. Additionally, Norwegian’s load factor (LF) improved by 0.6 points to reach 86.8%, showcasing efficient capacity management during…
Norwegian Air Shuttle is facing significant delays in the delivery of its anticipated Boeing aircraft, with the arrival of its first B737 MAX now postponed until 2025.
