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A Norwegian 787-9 sitting at the gate at Las Vegas McCarran International Airport. (Photo: AirlineGeeks | William Derrickson)

Chinese Government-Backed Lessor Takes Stake in Norwegian Air

Amid the coronavirus pandemic, revenue sources of most airlines are petrified, thus forcing them to struggle to maintain the survival of their business. BOC Aviation, a global aircraft leasing company and a subsidiary of the state-owned Bank of China, has become a major shareholder in the struggling low-cost airline Norwegian Air Shuttle. Norwegian Air said in an announcement released on Wednesday that Ireland-based AerCap Holdings, the world's largest independent aircraft leasing company, will become the biggest shareholder with 15.9% of…

At a Glance: European Airlines Response to COVID-19

As the effects of the global pandemic take full effect across the world, the bosses of major airlines across Europe have begun to announce what measures they will take to help protect their airlines for future operations. Some have decided to defer orders, others have decided to expedite the retirements…

Norwegian’s Argentinian Venture Set to Cease Operations

Amidst local, global and internal factors, Norwegian seems to be taking steps to sell or close its Argentinian subsidiary, Norwegian Air Argentina (NAA).  According to different sources, JetSmart Argentina would absorb the carrier's operations and set foot in Buenos Aires Aeroparque, abandoning El Palomar airport, currently affected by a judiciary…

British Airways’ Alex Cruz Outlines Tough Decisions in Recent Interview

Last February, British Airways announced some of its best financial results on record Generating more than £2 billion ($2.53 billion) in profits for the year 2018, with an operating margin 15 percent higher than in 2017, the flag carrier stood firm amidst rising oil prices and widespread uncertainties due to…

Norwegian Takes Delivery of the Boeing 737 MAX 8

As of June 29, 2017, Norwegian Air took delivery of two 737 MAX 8s, becoming the first European airline to take delivery of a 737 MAX aircraft. Following a ceremony and celebration at Boeing's Seattle Delivery Center, select guests departed on one of the two new aircraft for a flight…

Norwegian Brushes off Concerns Regarding IAG’s Level

Norwegian Air CEO, Bjorn Kjos, announced yesterday that he is not wavered or concerned about IAG’s plans to start a low-cost airline offering transatlantic flights. Norwegian Air has all but dominated the low-cost, long-haul market from their base at London Gatwick, where with their young fleet of Boeing 787’s have managed to…