UK-US budget flights make remarkable comeback as £255 flights for return ticket Gatwick-New York go on sale Transatlantic budget flights Norse Atlantic Airways said this morning it has started to sell return trips from London Gatwick to New York JFK from £255. The Norwegian airline is the first-ever airline to offer such cheap transatlantic flights. Daily flights on the route begin on August 12 using Boeing 787 Dreamliner aircraft. Other US destinations to be served [...]
Norwegian passenger numbers rebound as it unveils new Autumn routes Budget carrier Norwegian has enjoyed a lift to passenger numbers in recent weeks, as demand for the beleaguered travel industry rebounded in the summer months. Some 790,000 passengers flew with Norwegian in August, around one and a half times more than in the same month last year. The airline added that the number of future [...]
Norwegian hails stronger financial position as bookings increase Norwegian hails stronger financial position as bookings increase Norwegian Air Shuttle this morning hailed a “clear improvement” in its financial position as bookings at the carrier continued to increase. The airline, which recently emerged from a brutal restructuring period, reported revenues of 591m Norwegian crowns (£49.6m) in the first half of the year. It added that 32 of its 51 planes – a mere third [...]
Norwegian Air slammed for dishing out bonuses weeks after court-ordered restructuring June 29, 2021 Norwegian Air has been slammed by Norway’s industry minister today for dishing out bonuses to top management just weeks after emerging from court-ordered bankruptcy proceedings. The budget airline emerged from a comprehensive restructuring process at the end of May, raising around $705m for it to exit bankruptcy protection. “That shows poor judgment,” Norwegian trade and industry [...]
Finance chief takes the top job as Norwegian sacks CEO June 21, 2021 Finance chief takes the top job as Norwegian sacks CEO
Norwegian Air emerges from restructuring with wings clipped May 26, 2021 Norwegian Air has today emerged from a six month restructuring process, defying those who thought the pandemic would spell the end for the carrier. However, despite surviving the worst aviation crisis on record, the airline will return to the skies in utterly different shape – and much smaller – than it was before the pandemic [...]
Norwegian Air to raise more money than planned to service debt April 14, 2021 Norwegian Air aims to raise between 4.5 and six billion kroner in an upcoming capital raise in order to service its debts. The company previously set out to raise between 4.5 and five billion kroner as part of the restructuring process, but has since increased the upper limit. The money will be used to reduce [...]