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Articles tagged “norwegian”

Airlines

Norway Approves New Law That Could Help Rescue Norwegian Air

The new legislation might relax regulations around debt negotiations, but the airline will still need to win over bondholders and shareholders ahead of May 4 when it outlines its rescue proposal.

Airlines

Norwegian Air Secures Initial $26.6 Million From Government Rescue Package

There'll need to be much more money where this comes from if Norwegian is to survive the coronavirus crisis.

Norwegian Air Secures Initial $26.6 Million From Government Rescue Package

Airlines

Will Government Support be Enough to Keep Norwegian Air Going?

It sounds generous, but Norwegian probably needs more help. As one analyst noted, getting creditors onboard in the current circumstances may prove impossible.

Will Government Support be Enough to Keep Norwegian Air Going?

Airlines

Dire Case for Airlines Laid Out by Industry Trade Group

Even the best-run airlines will eventually run out of cash if ticket sales dry up. Governments across the world are going to have to step in.

Dire Case for Airlines Laid Out by Industry Trade Group

Airlines

Norwegian Air to Lay Off Half Its Staff Temporarily and Scrap 4,000 Flights

In the short-term, we would be surprised if the Norwegian government allowed an immediate collapse of an airline buffeted by shocks beyond its control. But Norwegian Air will need all the savvy it has shown in the past if it is to thrive long-term.

Norwegian Air to Lay Off Half Its Staff Temporarily and Scrap 4,000 Flights

Airlines

Airline Industry Braces for $113 Billion Coronavirus Hit

Flybe might be the first, but it probably won't be the last. Plenty of airlines across the world operate on pretty tight margins, which come under increasing pressure during times like this.

Airline Industry Braces for $113 Billion Coronavirus Hit

Airlines

New Norwegian CEO Doesn’t Yet Have Answers to Low-Cost Long-Haul Profitability Problem

Maybe it was a bit too much to expect some big strategic initiatives from such a new CEO, or maybe the airline is keeping them under wraps for now. But an airline with Norwegian's historic problems cannot tweak its way to viability.

New Norwegian CEO Doesn’t Yet Have Answers to Low-Cost Long-Haul Profitability Problem

Airlines

Scandinavian Airline SAS Gets Good News — For Now — on Norwegian Route Changes

While Norwegian's decision to pull its long-haul routes out of Copenhagen and Stockholm is good news for SAS in the short term, it points to a bigger challenge in the long term.

Scandinavian Airline SAS Gets Good News — For Now — on Norwegian Route Changes

Airlines

Norwegian Taps Former JetBlue Exec in Management Reshuffle

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.

Norwegian Taps Former JetBlue Exec in Management Reshuffle

Airlines

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

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?

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