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Loss-making Norwegian Air names Jacob Schram as its new CEO

Loss-making Norwegian Air appoints new CEO

Loss-making Norwegian Air has appointed Jacob Schram as chief executive to take charge of the budget carrier's ongoing restructuring as it struggles with a low-cost, long-haul model in an overcrowded industry.

Business • 20 Nov 19

Norwegian Air's CEO Bjoern Kjos steps down from the post

Norwegian Air's chief executive steps down

Norwegian Air's Bjoern Kjos has today stepped down as chief executive of the airline he co-founded and turned into Europe's third-biggest budget carrier by passenger numbers.

Business • 11 Jul 19

Norwegian CEO Bjoern Kjos said the airline is working on making a return to profitability

Norwegian Air reports rise in April load factor, yield

Norwegian Air filled more seats on its planes and earned higher revenues per customer in April while dealing with the grounding of its 18 Boeing MAX aircraft, sending the company's shares sharply higher.

Business • 07 May 19

Norwegian Air's CEO Bjoern Kjos said he would gladly take his own family on board a Norwegian MAX aircraft

Norwegian Air passenger income growth misses forecasts

Norwegian Air earned less money than expected from each traveller in March but its aircraft filled up at a faster pace than analysts anticipated, the budget carrier's monthly traffic report showed.

Business • 04 Apr 19

Norwegian Airs chief executive Bjoern Kjos

Norwegian Air CEO sells some share subscription rights

Norwegian Air's chief executive and its board chairman agreed to sell some of their subscription rights to a share issue at a discount, in a deal that will help the loss-making carrier raise cash.

Business • 18 Feb 19

Norwegian's load factor, a measure of how many seats are sold on each flight, fell to 76.1% in January, down from 82% a year ago

Norwegian Air postpones 16 aircraft deliveries

Norwegian Air has postponed delivery of 16 aircraft from Boeing and Airbus to cut its capital expenditure as part of a broader strategy shift to focus on profitability over growth.

Business • 06 Feb 19

Norwegian Air's CEO Bjoern Kjos said that several of its summer routes were extended into November

Norwegian Air struggles to fill planes

Budget carrier Norwegian Air struggled to fill its aircraft in November as capacity growth far outpaced demand, its monthly traffic report showed today.

Business • 06 Dec 18

Norwegian Air says cost cuts even more important now

Budget carrier Norwegian Air will continue to cut costs amid tough competition, higher fuel prices and a slowdown in growth, the company said as it reported weaker-than-expected October traffic numbers today.

Business • 06 Nov 18

Norwegian Air's CEO Bjoern Kjos said the growth in the airline's investment would slow down

Norwegian Air hit with rising costs due to fuel prices

Budget airline Norwegian Air said its unit cost has increased due to higher fuel prices as it posted a third-quarter pre-tax result that lagged forecasts.

Business • 25 Oct 18

Norwegian Air's CEO Bjoern Kjos confirms Ryanair's 'interest' in the low cost airline

Ryanair 'never made an approach for Norwegian Air'

The CEO of budget carrier Norwegian Air, under pressure to staff its fleet as it ramps up transatlantic business, said that summer bookings are good and it has "more than enough" pilots to cover the season.

Business • 24 May 18

Norwegian Air's CEO said the airline is far better positioned for 2018

Norwegian Air posts larger than expected Q4 loss

Rapidly growing budget carrier Norwegian Air has today posted a bigger than expected fourth-quarter loss.

Business • 15 Feb 18

Bjoern Kjos