Norwegian reports major passenger growth and higher load factors in June
Norwegian carried more than 2.3 million passengers in June 2014, an increase of 21 percent compared to the same month last year. The load factor was 82.5 percent.
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Norwegian’s low-cost service to the U.S. takes off from London Gatwick
This week Norwegian celebrates its first ever flights between London Gatwick and the U.S. On Wednesday afternoon, the first flight between London Gatwick and Los Angeles took off, while Norwegian’s first flight between London and New York took off this evening. Friday afternoon, the airline celebrates its inaugural flight to Fort Lauderdale. All the flights are almost full.
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Successful placement of new senior unsecured bond
Reference is made to the notification sent 13th June 2014 regarding a potential new bond issue for Norwegian Air Shuttle ASA ("Norwegian").
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Possible new bond issue, summons to bondholders’ meeting, and announcement of buy-back offer in NAS03.
Possible new bond issue, summons to bondholders’ meeting, and announcement of buy-back offer in NAS03. Norwegian Air Shuttle ASA (“Norwegian”) has today summoned a bondholders’ meeting in the bond issue with ISIN NO 0010642200 maturing in April 2015 (“NAS03”) to be held 27 June 2014.
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Norwegian reports passenger growth and high on-time performance in May
Norwegian carried more than 2.1 million passengers in May 2014, an increase of 12 percent compared to the same month last year. The load factor was 77 percent. The strike threats from labor union Parat affected the company’s revenues this month, as many customers in Norway and Denmark refrained from booking flights due to fear of strike.
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Norwegian Air Celebrates One-Year Anniversary of U.S. Service – And Sets Record Straight About its Operation
Norwegian Air has for the past year offered 100,000 Americans the ability to fly affordably between the United States and Scandinavia on its fleet of brand new Boeing 787 Dreamliners. Norwegian has also carried 200,000 passengers to the U.S., giving a boost to American tourism.
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Norwegian’s new base in Madrid opened today
Norwegian, along with representatives from Norwegian and Spanish authorities, today marked the opening of its newest base in Spain. It is strategically important for Norwegian to have a base in the Spanish capital in light of its presence in the Spanish market, as well as in terms of Norwegian’s international expansion.
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Road show and fixed income mandate
Norwegian Air Shuttle ASA has mandated ABG Sundal Collier and Danske Bank Markets to arrange a series of Nordic fixed income investor meetings commencing on June 3, 2014. A NOK denominated debt capital markets transaction may follow, subject to inter alia market conditions.
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Norwegian launches new routes from London Gatwick
Norwegian continues to expand its route network from London Gatwick by launching two new routes to Warsaw and Berlin. In addition it increases the number of daily departures to Copenhagen.
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Norwegian reports strong passenger growth and high load factor in April
Norwegian carried almost two million passengers in April 2014, an increase of 17 percent compared to the same month last year. The load factor was 79.8 percent.
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Norwegian reports strong passenger growth and increased load factor in the first quarter
Norwegian today reported its first quarter results for 2014. The pre-tax profit (EBT) was -813 MNOK. Despite a seasonally weak quarter, the passenger growth is strong and the load factor high. The quarterly results are affected by the additional costs associated with wet-leasing replacement aircraft on long-haul routes, as well as a weaker Norwegian currency (NOK).
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Norwegian signs agreements to lease three new 787-9 Dreamliners
Norwegian has signed agreements to lease three new Boeing 787-9 Dreamliners for its long-haul operation. Two of the aircraft will be delivered in 2016 and one in 2017. This is the brand new, more environmentally friendly and even larger Dreamliner model, which is scheduled to enter commercial service this year.
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