Norwegian has filed for bankruptcy protection for its Ireland-based subsidiaries and assets in Ireland in an attempt to restructure, attract new capital, and survive the Covid crisis, the airline announced on November 18. The move follows the refusal from the...
We were as surprised as anyone to see this news. But then stepping back to think about it, there is some logic to this. First, the Russians have something Norwegian wants. And the Russians are negotiating from their strengths. Second, Norwegian needs to cut costs...
On Wednesday IATA released its latest stats. The stat that caught our eye was this one: 22,000 city pairs are now connected by direct flights, up 1,300 over 2017 and double the 10,250 city pairs connected in 1998. Route dispersion is indeed happening around the world...
We have previously done a story on the apparent bullying of Air Italy by the US big three carriers. Readers will see that we came out sympathetic to Air Italy. We have updated our models with the most recent DoT data and discovered why, perhaps, part of the US...
One of the iconic leaders of Europe’s low-cost brigade is stepping down: after 17 years as CEO with Norwegian, Bjorn Kjos announced during the Q2-results presentation on July 11 that he will retire from his position and take on a new role within the airline. “My...
