Articles tagged “norwegian air”

Airline Weekly

Is Norwegian Air’s Cutback the End of Low-Cost International Flights?

3 years ago

Airlines

Long-Ailing Norwegian Air Will Scrap Long-Haul Flights

The beginning of the end, for real this time? Or is help on the way for the once high-flying carrier?

Laurence Frost and Sarah Young, Reuters | 3 years ago

Coronavirus

Norwegian Air’s Luck Runs Out, Files for Bankruptcy in Ireland

It was only a matter of time for this once high-flying low-cost carrier. The pandemic is unforgiving but Norwegian was on wobbly ground long before coronavirus.

Terje Solsvik, Reuters | 3 years ago

Airlines

Norwegian Air Gets Loan Guarantee Lifeline For an Additional Two Months

Prayers answered. The Norwegian government listened to Norwegian Air's pleas that the airline needed more money to get through the pandemic. The money is geared to provide a buffer through the end of 2020, that is.

Victoria Klesty, Reuters | 4 years ago

Airlines

Norwegian Air Cancels 97 Boeing Jet Orders and Demands Compensation

No doubt Norwegian Air took a hit last year when times were good and Rolls-Royce and Boeing messed up on quality control. But with Covid-19, conditions in 2020 would be bad, no matter what. Norwegian can't blame Boeing or Rolls-Royce for what's happening now.

Gwladys Fouche and Terje Solsvik, Reuters | 4 years ago

Airlines

Norwegian Air Resumes More Flights Than Planned to Meet Unexpected Demand

Norwegian Air is not yet bringing back the low-cost, long-haul flights it's known for, but the resumption of some flights on 76 previously halted routes says something about post-lockdown demand.

Terje Solsvik, Reuters | 4 years ago

Coronavirus

Covid’s Airlines Paradox: The Losers Are the Winners

For the world’s weakest airlines, the current crisis brings a new lease on life. The pandemic's fallout has turned what were dead-end business models into models with a much greater chance of success.

Jay Shabat, Skift | 4 years ago

Airlines

Norwegian Air to Sell New Shares as First Step Towards State Aid

Diluting the value of its shares will have been a hard pill to swallow, but at least the carrier has edged closer to the rescue package it desperately needs.

Terje Solsvik, Reuters | 4 years ago

Airlines

Scandinavian Airlines to Cut Workforce by Up to 5,000

Like rival Norwegian, SAS is preparing to take drastic measures as it predicts a recovery by 2022.

Helena Soderpalm, Reuters | 4 years ago

Airlines

Norwegian Air Warns 4,700 Jobs at Risk as Airline Seeks More State Aid

Norwegian Air's bid to survive the coronavirus crisis is looking more strained, with a new round of job cuts and bankruptcies.

Terje Solsvik, Reuters | 4 years ago