Articles tagged “norwegian air”

Norwegian Air Is Reportedly on the Hunt for Its Next CEO

Norwegian Air Is Reportedly on the Hunt for Its Next CEO

Anna Molin, Bloomberg

Sixteen years after launching Norwegian Air, 72-year-old Bjorn Kjos sounds like he's getting ready to hand over the reins. Even if it he sticks around for a few more years, now is the time to start looking for his successor.

1 day ago

Onetime Disruptor Wow Air Is Ready for a Reinvention

Onetime Disruptor Wow Air Is Ready for a Reinvention

Brian Sumers, Skift

Wow Air is being squeezed from all sides. It will need to reinvent its business if it wants to survive. The good news is that the company's founder and CEO, Skúli Mogensen, is willing to take some risks.

1 week ago

Norwegian Cuts the Only Budget London-Singapore Flight

Norwegian Cuts the Only Budget London-Singapore Flight

Angus Whitley, Bloomberg

Plenty of short budget flights remain popular among travelers, but the economics of low-cost long-haul are still tricky, and rising fuel prices don't help.

2 weeks ago

New Jets With Less Legroom Help Fight Climate Change

New Jets With Less Legroom Help Fight Climate Change

Justin Bachman, Bloomberg

New airplanes with cramped seating provide the greatest fuel efficiency. That reduces the carbon they spew and how much they disrupt the climate. Norwegian Air’s fleet is the most fuel-efficient across the Atlantic, says a new survey.

2 weeks ago

Norwegian Air Is Jumping Into Argentina’s Economic Fray With $18 Plane Tickets

Norwegian Air Is Jumping Into Argentina’s Economic Fray With $18 Plane Tickets

Carolina Millan and Jorgelina do Rosario, Bloomberg

Norwegian Air is betting that its low-cost model can thrive amid Argentina's economic challenges. Will the long-term vision be enough to carry it through any short-term turbulence?

3 weeks ago

Norwegian Air’s Planned Flights to Brazil Face Potential Headwinds

Norwegian Air’s Planned Flights to Brazil Face Potential Headwinds

Christiana Sciaudone, Vinicius Andrade, and Fabiola Moura, Bloomberg

Consumers grumble about airlines charging a la carte fees for services that used to be included in the ticket price. But they tend to go ahead and patronize those airlines anyway. Brazil's proposed regulations may not reflect true consumer preference.

4 weeks ago

Norwegian Air to Rent a Superjumbo as It Sorts Out Rolls-Royce Engine Issues

Norwegian Air to Rent a Superjumbo as It Sorts Out Rolls-Royce Engine Issues

Brian Sumers, Skift

Norwegian is likely paying a lot more to a rent a gently-used Airbus A380 than it did for Wamos Air Boeing 747. But passengers hated the antiquated 747, and Norwegian took some criticism for flying it from New York to London. This is probably a better approach.

2 months ago

Why Norwegian Air Doesn’t Worry About Overtourism When It Chooses New Routes

Why Norwegian Air Doesn’t Worry About Overtourism When It Chooses New Routes

Brian Sumers, Skift

Norwegian Air CEO Bjorn Kjos doesn't care that some in Barcelona would prefer that the tourists stop coming. He can fill Boeing 787s at decent fares with Americans and Europeans who want to visit Spain. He has a business to run. Can we blame him for trying to maximize profits?

2 months ago

Norwegian Air CEO Is Wait and See on Possible Sale as Competitors Show Interest

Norwegian Air CEO Is Wait and See on Possible Sale as Competitors Show Interest

Brian Sumers, Skift

Norwegian Air reported earnings Thursday, and a lot of analysts expected it to feel like a funeral. But something funny happened. The airline reported a profit. Does this mean it's in good shape? Probably not, but at least it's better than a loss.

3 months ago

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.

4 months 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.

4 months 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?

5 months ago