Articles tagged “low-cost long-haul”

Norwegian Taps Former JetBlue Exec in Management Reshuffle

Norwegian Taps Former JetBlue Exec in Management Reshuffle

Patrick Whyte, Skift

Another big news day for Norwegian. Given the focus on profitability, exiting the difficult domestic market in Argentina is not really surprising, but the appointment of Marty St. George is certainly a curveball.

1 week ago

Norwegian Air’s New CEO Sees First Priority As Returning to Profits

Norwegian Air’s New CEO Sees First Priority As Returning to Profits

Patrick Whyte, Skift

Interestingly, new Norwegian Air chief Jacob Schram has plenty of experience dealing with takeovers and mergers from his time in the retail trade. Might Norwegian want to tap this experience as part of future plans?

3 weeks ago

Norwegian Air Just Might Have Found a Way to Save Itself

Norwegian Air Just Might Have Found a Way to Save Itself

Patrick Whyte, Skift

Well, well, well, who was expecting that? Not only did Norwegian beat stock market expectations on profitability, it announced details for its long-awaited joint venture and teased plans about a bold new direction.

2 months ago

Lufthansa to Add Flights Catering to U.S. Low-Cost, Long-Haul Market

Lufthansa to Add Flights Catering to U.S. Low-Cost, Long-Haul Market

William Wilkes, Bloomberg

Despite a somewhat precarious business model, the appetite for low-cost, long-haul transatlantic flights has not yet slowed, so it's not surprising that Lufthansa is ramping up its offering.

4 months ago

Norwegian Air’s Long-Serving CEO Departs as Airline Pushes for Higher Profits

Norwegian Air’s Long-Serving CEO Departs as Airline Pushes for Higher Profits

Patrick Whyte, Skift

After 17 years, Bjorn Kjos is out as CEO. He is staying on as an advisor and still retains a minority stake, but does his departure make a sale more likely?

5 months ago

Fast-Growing IndiGo Has Emirates in Its Sights

Fast-Growing IndiGo Has Emirates in Its Sights

David Fickling, Bloomberg

Can India's low-cost airline IndiGo strike while Emirates is still trying to recapture its mojo, or will the might of the Gulf carrier win out?

7 months ago

India’s Low-Cost IndiGo Sets Its Long-Haul Sights on Europe

India’s Low-Cost IndiGo Sets Its Long-Haul Sights on Europe

Anurag Kotoky , Bloomberg

Despite the well-documented challenges, airline bosses won't give up on the low-cost, long-haul dream. Will IndiGo be able to pull it off?

7 months ago

Norwegian Blames 737 Max Grounding for Potentially Another Year Without Profit

Norwegian Blames 737 Max Grounding for Potentially Another Year Without Profit

Patrick Whyte, Skift

It’s good news on the cost-cutting front, but Norwegian is still looking at a bumpy 2019, thanks in part to the continuing uncertainty over the Max aircraft.

8 months ago

RIP Wow Air: Discount Airline Finally Calls It Quits

RIP Wow Air: Discount Airline Finally Calls It Quits

Patrick Whyte, Skift

It's the end of the road for Wow Air. But what does its failure mean for Iceland's aviation and tourism industries?

9 months ago

Norwegian Air Raises $353 Million to Keep Flying

Norwegian Air Raises $353 Million to Keep Flying

Irene García Pérez and Christopher Jasper , Bloomberg

Things don't seem to be getting any better for Norwegian. The money raised will keep it going for now, but any potential buyers will be keeping an eye on how its plan for profitable growth turns out.

11 months ago

Struggling Norwegian Thinks It Is in Better Shape for 2019

Struggling Norwegian Thinks It Is in Better Shape for 2019

Patrick Whyte, Skift

From the sounds of it, Norwegian's next earnings update won't be pretty but it will be hoping that it has done enough cost-cutting to put it on a sounder footing in 2019.

11 months ago

Low-Cost Long-Haul Airlines Haven’t Solved Their Late Arrivals Problem

Low-Cost Long-Haul Airlines Haven’t Solved Their Late Arrivals Problem

Irene García Pérez and Richard Weiss, Bloomberg

Low-cost airlines grew up on short-haul flights, and haven't made a smooth transition into the long-haul arena. With fewer resources at far-flung airports, carriers like Norwegian and AirAsia X often don't have adequate backup plans.

11 months ago