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TUI has reduced capacity for the coming winter season due to changing travel restrictions

TUI reduces winter capacity, evaluates funding options

Holiday company TUI said that it had reduced capacity for the coming winter season due to changing travel restrictions.

Business • 22 Sep 20

Norwegian is to cancel some of its transatlantic flights in the coming weeks due to the worsening coronavirus outbreak

Norwegian Air scraps profit guidance

Norwegian Air has scrapped its 2020 earnings guidance, which predicted a return to profit after three years of losses.

Business • 05 Mar 20

Norwegian Air has posted a fourth-quarter net loss of 1.87 billion Norwegian crowns

Norwegian Air plans further capacity cuts in profit bid

Norwegian Air will make deeper capacity cuts in 2020 than previously announced as part of its plan to return to profits after three consecutive years of deficit, the budget carrier said today.

Business • 13 Feb 20

Newly appointed Norwegian Air chief executive Jacob Schram

Norwegian Air's January passenger income jumps

Norwegian Air cut its capacity by a bigger-than-expected 29% in January from a year earlier, removing unprofitable routes while boosting its income from remaining flights, its traffic data showed today.

Business • 06 Feb 20

Norwegian Air's recently appointed CEO Jacob Schram

Norwegian Air makes progress on turnaround plan

Norwegian Air cut its capacity by a quarter in December, removing loss-making routes as it made headway on its plan to regain profitability, traffic data from the budget carrier showed today.

Business • 07 Jan 20

Norwegian Air switched this year to prioritise profits over growth.

Norwegian Air's August passenger income edges up

Norwegian Air, which is seeking to delay bond repayments amid a liquidity crunch, today posted slightly higher revenue per passenger in August than a year earlier, in line with most forecasts.

Business • 05 Sep 19

Europe's third-largest budget carrier by passenger numbers has reported a fourth-quarter loss

Norwegian Air puts brakes on 2019 growth plans

Norwegian Air has cut its expected capacity growth for 2019 to just 9% from 15-20% previously as it seeks to preserve cash and prioritise profits over growth.

Business • 07 Feb 19

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