Norwegian in 2019

[cathay belgium]

Hi,
Would be great news as LH don't give any fleet grow or more destinations to SN.
BOS-JFK-SFO-LAX-JNB ...
Lots of opportunities... But not realistic as Norwegian is also shrinking their fleet and network and money is running out....
As WOW and AirAsiaX also proved before... Hard to make money this way...

CXB

[luchtzak]

Norwegian Air Shuttle in 2012-2015
Norwegian in 2016
Norwegian in 2017
Norwegian in 2018
Norwegian in 2019

[luchtzak]

Read somewhere today that Norwegian is considering a long haul base in BRU

Paul,

Where did you read it ?

[islandhopper]

Dear Paul
Do you mean this post from 2017 ?

https://www.aviation24.be/airlines/norw ... 2019-2020/

I think that Norwegian has other 'issues' to solve for the moment.

But would be great news if this would be considered !

[sn26567]

Norwegian plans to introduce additional summer 2019 routes, operated by Norwegian Air International, including Billund to Faro, Malaga and Ponta Delgada, and Copenhagen to Tirana.

[sn26567]

Norwegian postponed delivery of 16 aircraft to cut its Capital Expenditure as part of a broader strategy shift to focus on profitability over growth.

Norwegian will put off delivery of 12 B737 MAX from 2020 to 2023 and 2024, and four A321LR from 2019 to 2020, reducing its investments this year and leading to a further significant cut in 2020.

[sn26567]

Norwegian Air Sweden was approved for its exemption and a foreign air carrier permit to operate between the US and EU.

[sn26567]

Norwegian cancelled its Paris – Newark route, with the last flight operated on 10 January 2019 with a leased Wamos Air A330-200.

[Poiu]

Norwegian spokesman Philip Allport told Aviation24.be: "This is pure speculation. Our liquidity is satisfactory, we attract hundreds of thousand of new passengers every month and we are currently working on selling parts of our fleet, which will further strengheten our financial situation."

Selling parts didn’t work, Norwegian is now offering new shares at 1/3 of last moday’s value to raise 300 million emergency cash.
The company is now only worth 500 million €. (LH paid around 200 for SN if I remember well)

(Off topic: Passenger, if you followed my advise to go short earlier this year you would have made a profit of 250% in less than two months!)

[sn26567]

Norwegian is making its Miami debut with a daily direct flight to London starting 31 March 2019. The Miami route will replace its current service from Fort Lauderdale.

[sn26567]

Norwegian dropped its hub at Rome Fiumicino airport and transferred its two B737-800s based there to Copenhagen. Long-haul flights to remain at Rome.

[TLspotting]

CEO at Moscow, maybe to obtain Siberian permits.

[TLspotting]

Norwegian Air Sweden took delivery of one B787-9, serial 38895.

[TLspotting]

Norwegian nominates Niels Smedegaard as chair of the Board. The Nomination Committee also nominates Ingrid Elvira Leisner as a member of the Board and is going to wet lease one A321 from Danish Air Transport for use in Spain, as a result of the B737 MAX grounding.

[TLspotting]

Norwegian Argentina wants to open Buenos Aires - Perth using Boeing 787 DREAMLINER (probably - 9).

Requests for the authorities in progress, route should be opened in September 2019.

Norwegian considers to extend route from Perth to Singapore as well.

[TLspotting]

[TLspotting]

Norwegian wins court case against EAG over the 2017 sale contract of four B737-300s and two engines to EAG’s customer Bulair.

[sn26567]

Norwegian has signed an agreement with unions for cabin crew and pilots regarding the closure of its base in Palma de Mallorca, after several months of negotiations.

Norwegian is in talks with three parties regarding an investor in its fleet joint-venture. As the deal with Airbus for the aircraft is now set, and as no PDPs (pre-delivery payments) are due until 2Q 2021, the airline has bought itself some time to negotiate or develop strategies.

Norwegian may sell some B737-800s in the short-term as it takes advantage of the B737 MAX grounding.

[sn-remember]

And despite the many upheavals the airline had to face this last 12 months the airline is posting positive 1Q results, a great achievement given the many challenges and the boldness that characterises their strategy. Kudos Norwegian, you are on the right track
https://airwaysmag.com/airlines/norwegi ... 1-carrier/

[Poiu]

And despite the many upheavals the airline had to face this last 12 months the airline is posting positive 1Q results, a great achievement given the many challenges and the boldness that characterises their strategy. Kudos Norwegian, you are on the right track

A great achievement???
A nett loss of 150 million €!!
Three months ago Mr Kos and a couple of friends injected 300 million of their personal money to keep Norwegian alive. They are loosing more than a million a day, new deliveries are being delayed because there is no money to pay. Credit card companies are holding back payments to Norwegian because they fear Norwegian could go bust.
https://skift.com/2019/04/28/norwegian- ... t-revenue/