Norwegian Air Shuttle has had the imminent financial pressure lifted by its bondholders agreeing to an extension on maturity. The trustees held separate bondholders’ meetings for NAS07 and NAS08 unsecured bonds and reported that at both meetings the vote went in favour for the proposed amendments. The amendments mean that [read more]
Low-cost airline Norwegian is to end all transatlantic flights from Ireland from the 15th Septemeber 2019 after undertaking a review of its services. Currently Norwegian flies six routes to the USA and Canada from Dublin, Cork and Shannon which were set up to be operated by the airlines Boeing 737 [read more]
Low-cost carrier Norwegian.com reported increased load factors for July as it carried over 3.7 million passengers to destinations across the globe. The airliner, which operates short-haul and long-haul flights from UK airports including London-Gatwick, Edinburgh and Manchester, had an overall load factor of 93.5% in July, up from 93% in [read more]
Norwegian Air Shuttle’s second-quarter (Q2) figures show increased profitably for the airline as it continues its current financial strategy. Q2 saw Norwegian, which includes UK & Irish airlines Norwegian Air UK & Norwegian Air International, post operating results of NOK 2.3 billion (before ownership), almost double that of the same [read more]
Low-cost airline Norwegian.com is looking on good financial shape going into 2019 thanks to a deal agreed with Rolls-Royce. The airline had been affected by the Rolls-Royce Trent 1000 problems that grounded Boeing 787 Dreamliners fitted with the Rolls-Royce variant. In a year end statement the airline said it had [read more]
Low cost, long-haul specialist Norwegian has announced it is to begin flights from London Gatwick (LGW/EGKK) to Rio De Janeiro (GIG/SBGL) in March 2019. The airline says the new route will be the lowest priced non-stop option between the UK and Brazil with flights starting at just £240 one way [read more]
Low-cost airline Norwegian Air Shuttle has reported 3rd quarter profits of 1.3bn NOK (£121m GBP), an 18% increase on the same period last year. As the company has been able to reduce its operating unit cost by 10% it was able to post Earnings Before Tax (EBT) result was a [read more]
Norwegian, the Scandinavia & UK based low-cost airline, is intruding technology to its flights that will save up to 5,000 tons of fuel over a year. The new weather service called Aventus Air™ has already been trialled by the airline and saw fuel consumption reduced by 22 kilos per flight according [read more]
Budget long haul airline Norwegian.com has announced it is launching domestic flights in Argentina allowing passengers travelling from London Gatwick to Buenos Aires to connect to six destinations across the South American country. A fleet of Norwegian Boeing 737-800 aircraft will operate flights from Buenos Aires to Córdoba & Mendoza from [read more]
Low-cost, long-haul specialist Norwegian.com has been unveiled as the most fuel efficient transatlantic airline, for the second year in a row. The white paper that was released today by the International Council on Clean Transportation (ICCT) analysed the fuel efficiency of the 20 leading airlines on routes between Europe and [read more]
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