Norwegian Air Passenger Numbers Plunge 90% in July
Norwegian Air Shuttle announced traffic figures for July on Thursday. Last month, Norwegian carried a total of 356,093 passengers, 90% fewer than in the same period the previous year. The airline’s capacity was 560 million, representing a 94% steep dive…
Norwegian Air Cancels Order for 97 Boeing Aircraft, Sues Boeing
Norwegian Air Shuttle sent a notification to the Boeing, stating that the airline had terminated the purchase agreements of the remaining five Boeing 787 Dreamliners and 92 Boeing 737 MAX. The airline also ended the GoldCare service agreement, Boeing's largest-ever…
Norwegian to Re-Open U.K. Operations
Norwegian announced that it is ready to re-open operations from the UK on July 1 after being suspended for three months. The Oslo-based carrier will operate a few flights from Gatwick and Edinburgh to select destinations in Scandinavia. In a…
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…
Norwegian Scandinavian Subsidiaries File for Bankruptcy
It’s no secret that over the past few years Norwegian has been standing on a very thin rope, accumulating losses, seeking additional cash injection and restructuring routes in order to stay afloat. As COVID-19 hardly hits the global aviation year…