Norwegian on October 24 finally revealed its joint venture partner that will help to finance its fleet plans. Norwegian’s wholly-owned subsidiary Artic Aviation Assets has formed a JV with China Construction Bank Leasing International Corporation (CCBLI), itself wholly owned by…
They might be fierce competitors on transatlantic routes in a few year’s but for 2020 Norwegian and JetBlue intend to join forces by offering connected flights. Both airlines said on October 17 they had signed a Letter of Intent for…
All through last week, the rumors were growing. Would the travel company get a rescue package? Even as the company tried to secure a financial package, there were several aircraft being positioned to ensure stranded travelers could make their way…
Norwegian is seeking to restructure long-term debts of $380 million by asking its bondholders extra time to repay the money, the airline said on September 2. Norwegian has two unsecured bonds that need to be repaid by November 2021 and…
Amidst the uncertainty of the return to service of its Boeing MAX 8-fleet Norwegian has decided to cut its transatlantic network out of Ireland from mid-September. The low-cost airline will discontinue six routes to Dublin out of Providence and New…
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…