Norwegian Air

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.

Norwegian Air shares rise after IAG denies offer report

Shares in budget carrier Norwegian Air rose today after Aer Lingus and British Airways owner IAG denied a Spanish media report it was preparing another offer for the airline.

Norwegian Air reports lower passenger numbers in June

Norwegian Air today reported a slightly better than expected rise in its June income per passenger.

Norwegian Air's growth slows further in May

Norwegian Air's income per passenger grew in line with expectations in May while the overall growth in traffic continued to ease, the carrier's monthly traffic report showed today.

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.

Norwegian Air says 2019 profit target in doubt

Norwegian Air said the grounding of its fleet of Boeing 737 MAX aircraft may scupper the carrier's plan to return to profitability this year, while posting a wider first-quarter loss today.

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.

Norwegian introduces temporary transatlantic timetable

Norwegian Air has published details of a temporary transatlantic schedule for the first two weeks of April as it attempts to deal with the ongoing fallout from the grounding of Boeing 737 MAX aircraftused in its Irish fleet.

Norwegian Air shares fall on MAX aircraft woes, income

Norwegian Air's shares fell sharply today as investors worried over weaker-than-expected passenger income and the potential impact of the crash of an Ethiopian Air Boeing 737 MAX 8 passenger jet.

Airlines can handle Brexit but remain 'frustrated'

Airlines will be able to withstand the impact of Britain leaving the European Union, even without a deal, but the lack of political progress is frustrating and has dampened consumer demand, airline chiefs said today.

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.

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.

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.

Norwegian Air's passenger growth slows

Budget carrier Norwegian Air posted smaller than expected passenger growth in December and recorded additional losses from fuel hedging positions, its monthly traffic report shows.

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.

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.

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.

Norwegian Air posts above-forecast May traffic growth

Budget carrier Norwegian Air saw higher-than-expected growth in capacity and passenger traffic in May, while income per customer was in line with forecasts.

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.

Norwegian Air rises on report of renewed IAG interest

Shares in Norwegian Air soared today as investors reacted to a report of renewed interest in the budget carrier from Aer Lingus and British Airways-owner IAG.

Aer Lingus owner IAG profit jumps, silent on Norwegian

Aer Lingus and British Airways-owner IAG today posted a 75% jump in quarterly profit, boosted by favourable currency movements.

Norwegian Air receives 'several inquiries' on IAG move

Norwegian Air to fly daily from Shannon to New York

Norwegian Air International has announced plans to expand its Shannon-New York service from this winter.