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Norse secures financial buffer for its Gatwick operations

Norse secures financial buffer for its Gatwick operations

by Richard Schuurman | Nov 28, 2022 | Aerospace | 0 comments

Norse Atlantic has successfully raised NOK 300 million ($30 million) through a conditional private placement of 120 million new shares. Proceeds of the placement will be used as a cash buffer for the airline’s subsidiary Norse Atlantic UK. Norse secures financial...
Norse Atlantic takes cautious approach to the coming winter

Norse Atlantic takes cautious approach to the coming winter

by Richard Schuurman | Sep 22, 2022 | Airlines | 0 comments

Norse Atlantic is preparing for a challenging winter period, with high fuel costs and inflation, and consequently uncertain customer behavior likely to impact results in the coming months. The airline will therefore take a careful approach to its network by likely...
Norwegian benefits from Boeing payments and considers MAX 10

Norwegian benefits from Boeing payments and considers MAX 10

by Richard Schuurman | Aug 25, 2022 | Airlines | 0 comments

The reinstatement in its financial results of previously excluded pre-delivery payments to Boeing for the MAX 8 has helped Norwegian to get a net profit in Q2 and HY1. Without it, the low-cost airline would have produced a net loss. Norwegian said today that it is...
Is Europe ready for some airline consolidation yet?

Is Europe ready for some airline consolidation yet?

by Richard Schuurman | Apr 5, 2022 | Airlines | 0 comments

Just before the pandemic hit the industry in 2020, airline leaders were positive that Europe was about to have a much-needed round of consolidation. They agreed that there were way too many airlines, fighting for the same piece of cake. Covid has delayed this, but...
AirInsight News in Brief – January

AirInsight News in Brief – January

by Richard Schuurman | Jan 31, 2022 | Aerospace, Airlines | 0 comments

Here is our rolling report with short aviation news for the month of January 2022: 31 – Lessor TrueNoord has raised $250 million in new funding that it plans to use for building its fleet of regional aircraft. The funding has been arranged with support from...

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