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6 November 2019 02:11:58 CET
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.
5 November 2019 04:48:21 CET
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. .
28 October 2019 03:18:00 CET
Airline commences twice-weekly service with fares from £43.90 one-way.
24 October 2019 07:00:00 CET
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
24 October 2019 06:24:40 CET
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. .
23 October 2019 10:53:27 CET
Reducing CO2 emissions is one of the most important tasks for the aviation industry. Using new technology and new, modern aircraft, Norwegian has reduced emissions by 30 percent since 2008. With the new ‘SkyBreathe’ tool, emissions can be reduced by 140,000 tons per year.
17 October 2019 05:10:10 CET
Norwegian and JetBlue have signed a Letter of Intent for an interline agreement. The partnership will allow customers to combine low fares in a convenient single booking for connecting flights between Europe and the Americas. .
11 October 2019 10:03:00 CET
Norwegian today announced frequency increases between London Gatwick and key US destinations such as San Francisco and Tampa in response to demand. The increases will take affect from 29th March 2020 and run throughout the summer 2020 schedule. .
4 October 2019 08:00:00 CET
Norwegian carried more than 3.3 million passengers in September. The unit revenue increased for the sixth consecutive month and was up by six percent compared to the same month previous year.
27 September 2019 01:07:22 CET
Norwegian’s loyalty programme, Norwegian Reward, has reached 10 million members. So far in 2019, more than three new members signed up to the loyalty programme every minute. .
24 September 2019 11:31:08 CET
Norwegian today announces that holidaymakers, travel enthusiasts and #avgeeks now have the unique opportunity to travel between the Arctic and Ushuaia, one of the world’s southernmost cities and gateway to Antarctica on Norwegian from £398.50 one way at www.norwegian.
Bondholders vote in favour of Norwegian’s proposed amendments to its two unsecured bonds NAS07 and NAS08
16 September 2019 02:01:54 CET
On 16 September 2019, separate bondholders’ meetings were held in NAS07 and NAS08 and both meetings voted in favour for the proposed amendments with sufficient majority. .
5 September 2019 08:00:35 CET
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.
3 September 2019 10:36:17 CET
Flights to South America available from just £199.90 one-way Fly to Europe from £28.90 one-way in the sale .
2 September 2019 08:39:16 CET
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. .
13 August 2019 04:10:00 CET
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..
6 August 2019 08:00:00 CET
Norwegian carried more than 3.7 million passengers in July. The load factor was 93.
11 July 2019 07:35:09 CET
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..
11 July 2019 07:01:32 CET
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. .
Norwegian celebrates five years of low-cost long-haul at London Gatwick with 15% reduced fares from under £140
4 July 2019 10:00:00 CET
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..