Articles tagged “norwegian air”

Delta CEO Dismisses Threat From Low-Cost Transatlantic Airlines

Delta CEO Dismisses Threat From Low-Cost Transatlantic Airlines

Brian Sumers, Skift

European and U.S. airlines years ago underestimated the threat posed by short-haul discount airlines. Since then legacy carriers have treated transatlantic low-cost airlines as serious competitors. But there's reason to believe the low-cost model may not be as appropriate for longer routes. Legacy carriers might be OK this time.

3 weeks ago

British Airways’ Owner Thinks Strategically as It Mulls Buying Norwegian Air

British Airways’ Owner Thinks Strategically as It Mulls Buying Norwegian Air

Chris Hughes, Bloomberg

International Airlines Group eventually may acquire Norwegian Air. Suffering Norwegian Air stockholders might prefer a quick deal, but Norwegian's CEO owns roughly 26 percent of the company, and he's not quite willing to let go yet. But that stance may not last forever.

1 month ago

Investors Are Giving Up on Gogo Even as Airlines Add Wi-Fi

Investors Are Giving Up on Gogo Even as Airlines Add Wi-Fi

Brian Sumers, Skift

Poor Gogo. Its stock is getting pummeled in public markets, and there doesn't seem to be a lot of hope among investors. How will the company respond?

1 month ago

Qatar Airways Considers Loaning British Airways Widebody Jets

Qatar Airways Considers Loaning British Airways Widebody Jets

Christopher Jasper, Bloomberg

A Gulf blockade has been bad for Qatar Airways' business and the carrier needs to be creative to ensure it keeps generating cash. One way to do that is by loaning planes to British Airways, in which Qatar Air is a major investor.

2 months ago

Why It Might Finally Be a Good Time to Own Norwegian Air Stock

Why It Might Finally Be a Good Time to Own Norwegian Air Stock

Chris Bryant, Bloomberg

A few months ago, Norwegian's stock was in rough shape, as the airline overextended itself and built up too much debt. That's still an issue, but shares are in much better shape thanks to an investment from IAG. CEO Bjorn Kjos, who controls a quarter of the airline's stock, is probably laughing all the way to the bank.

2 months ago

Norwegian Air’s Flights to Brazil Highlight Latin America Focus in 2018

Norwegian Air’s Flights to Brazil Highlight Latin America Focus in 2018

Carolina Millan and Jorgelina do Rosario, Bloomberg

Norwegian Air has an ambitious agenda in Latin America. In addition to the flights to Brazil, Norwegian is flying to Argentina, where it will have a robust domestic route network, as well, despite regulatory challenges.

3 months ago

United Reboots Its Polaris Business Class With a Focus on Consistency

United Reboots Its Polaris Business Class With a Focus on Consistency

Brian Sumers, Skift

United Airlines overpromised with its Polaris business class. Instead of rethinking business class, it should have focused on providing a simple and consistent product.

4 months ago

Norwegian Air CEO Admits the Discount Carrier Failed to Deliver in 2017

Norwegian Air CEO Admits the Discount Carrier Failed to Deliver in 2017

Benjamin Katz , Bloomberg

Industry insiders knew Norwegian Air was a "mess" last year, but the company kept downplaying its issues. Now, Norwegian has come clean, with its CEO saying, "2017 was not a good year.” But has it solved all of its problems? We doubt it.

4 months ago

Norwegian Air Sets Record for Fastest Subsonic Transatlantic Flight

Norwegian Air Sets Record for Fastest Subsonic Transatlantic Flight

Rachel Tepper Paley, Bloomberg

It's funny. There's no mention of how long the it took for the outbound flight from London to reach New York. If a tailwind helped Norwegian Air set a speed record on the New York to London leg, the flight in the other direction must have taken forever.

5 months ago

Virgin Atlantic Builds an Igloo on a Deck at Heathrow — Airline Innovation Report

Virgin Atlantic Builds an Igloo on a Deck at Heathrow — Airline Innovation Report

Brian Sumers, Skift

Most high-value customers choose airlines based on two factors — price and schedule. But on the margins, airlines like to use marketing strategies to attract customers. Maybe Virgin Atlantic's outdoor igloo at London Heathrow will help it win some new fans.

6 months ago

Air France Unveils Its New Millennial-Focused Airline Joon

Air France Unveils Its New Millennial-Focused Airline Joon

Brian Sumers, Skift

Air France might need a low-cost airline. That part makes sense. But why is it trying so hard to attract millennials? Just offer cheap fares and reasonable service, and young people will fly your airline.

9 months ago

American Considers Selling Few-Frills Economy Fares to Europe

American Considers Selling Few-Frills Economy Fares to Europe

Brian Sumers, Skift

Don't hate American Airlines if it unbundles fares on some transatlantic routes. By flying discounters like Wow Air and Norwegian, travelers have shown how much they like cheap no-frills airlines. American needs to give the people what they want — $99 one-way fares to Barcelona.

10 months ago