All Norwegian articles
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NewsNorwegian profits slip in second quarter
Scandinavian budget carrier Norwegian’s operating profit slipped 9% in the second quarter to NKr593 million ($55.3 million) compared with the same period last year, as the airline confirmed its recently lowered full-year profits outlook.
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NewsNorwegian cuts full-year profit outlook over softer traffic and higher costs
Scandinavian budget carrier Norwegian has revised downwards its full-year operating profit forecast, to NKr2.1-2.6 billion ($199-246 million) – including the contribution from newly-acquired regional operator Wideroe.
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NewsNorwegian keeps to capacity target despite Boeing delivery delays
Norwegian is sticking to its expectations of increasing capacity around 12% this year despite operating three fewer aircraft than originally planned this summer.
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Airline BusinessNorwegian buoyed by Wideroe impact as losses cut in first quarter
Norwegian flagged improved yields and load factors, together with a boost from the less seasonally affected Wideroe business, during a first quarter in which the airline narrowed operating losses to NKr763 million ($70 million).
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NewsNorwegian refreshes visual identity after more than two decades
Scandinavian budget carrier Norwegian is to start rolling out a refreshed version of its corporate logo, for the first time since the airline emerged more than two decades ago. Norwegian says the new visual identity has a “richer” colour and updated typography. It says it will begin adopting the updated ...
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Airline BusinessNorwegian ‘very pleased’ about full-year profit and potential Wideroe impact
Scandinavian low-cost carrier Norwegian expects its recently completed acquisition of compatriot Wideroe to begin to have an impact on its earnings in 2024, amid signs that the latter might outperform earlier near-term forecasts
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NewsNorwegian expects full-year profit to beat forecast
Scandinavian carrier Norwegian expects to exceed the range it had forecast for its full-year operating profit, partly thanks to stronger-than-expected travel demand in November and December.
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NewsNorway’s competition authority approves Norwegian’s acquisition of Wideroe
Norway’s competition regulator has approved Norwegian’s acquisition of regional airline Wideroe.
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NewsNorwegian argues competition regulator is shifting criteria in Wideroe tie-up probe
Scandinavian budget carrier Norwegian argues that the country’s competition regulator is shifting its criteria in its assessment of the airline’s proposed acquisition of regional operator Wideroe. Norwegian says it “strongly disagrees” with regulator Konkurransetilsynet which, in November, revealed it was considering blocking the acquisition over concerns that competition would be ...
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NewsCompetition regulator warns Norwegian it is considering blocking Wideroe merger
Norway’s competition regulator has notified Norwegian that it is considering blocking its planned acquisition of domestic carrier Wideroe.
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NewsNorwegian extends 737NG contracts to counter Max delays and tight leasing market
Norwegian is signing lease extensions for some of its Boeing 737-800s amid delays in the delivery of 737 Max 8 jets and a tightening market for leased aircraft caused by groundings related to Pratt & Whitney geared turbofans
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NewsNorwegian cuts weight of on-order Max jets as it ‘pushes hard’ on costs
Scandinavian low-cost carrier Norwegian is working on raft of measures to offset the impact of the high-cost environment, including through the removal of certain “add-ons” from its incoming Boeing 737 Max jets.
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NewsNorwegian cautiously positive on booking trends after strong summer
Scandinavian low-cost carrier Norwegian has reported “encouraging” booking trends through to the end of the year, after it achieved its second-highest-ever operating profit during the third quarter.
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NewsCompetition regulator expresses concern over Norwegian-Wideroe tie-up
Competition regulators have expressed concern over budget carrier Norwegian’s proposed acquisition of regional airline Wideroe, and are set to carry out an in-depth analysis of the tie-up. Norwegian authority Konkurransetilsynet says there “may be reason” to believe that competition “will be weakened” in the aviation sector if the acquisition is ...
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PodcastAirline Business Podcast: Strong financials, market ‘normalisation’ and start-up stories
Graham and Lewis look back on another strong set of quarterly results from the global airline industry, while considering whether the coming months will see ‘normalisation’ in more markets.
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Airline BusinessAirline Business performance tracker: Europe Q2 2023
Key data from the most-recent European earnings period – the April-June 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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NewsNorwegian having ‘one of the best summers ever’ as bookings stay strong
Norwegian is seeing no slowdown in the strong bookings trends it has experienced so far this summer, with its profitable second-quarter performance expected to extend into the current three-month period.
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NewsNorwegian evaluating 737 Max 10 after receiving ‘new information’ on range
Norwegian is “seriously evaluating” converting some of its Boeing options into a 737 Max 10 order, with the variant potentially suitable for destinations such as the Canary Islands and an unannounced new base.
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NewsNorwegian secures four-year deal to transport armed forces personnel
Scandinavian budget carrier Norwegian has secured an agreement with the country’s armed forces for defence sector travel over a four-year period. The airline says the contract will begin in the first quarter of next year. Source: InsectWorld/Shutterstock Norwegian values the agreement at around NKr1 billion ($98 million), ...
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NewsNorwegian to buy compatriot Wideroe
The move comes after the two Norwegian carriers signed a letter of intent in July last year to ”closely co-operate in a number of areas in the future”.