Norwegian commits to reduce CO2 emissions by 45 percent by 2030

Press releases   •   Sep 17, 2020 09:00 BST

Today Norwegian has launched a new environmental sustainability strategy that will begin immediately and deliver several industry leading targets. Cutting CO2 emissions by 45 percent, remove all non-recyclable plastics and recycle all single-use plastics are key commitments in the new strategy. The goal is in line with the 1.5°C target set forth in the Paris Agreement.

Norwegian August 2020 traffic figures heavily influenced by travel restrictions and drop in demand

Press releases   •   Sep 04, 2020 07:00 BST

Norwegian’s traffic figures for August are heavily influenced by the COVID-19 outbreak and the subsequent travel restrictions and drop in demand. In August, capacity was 94% lower than last year, while the flights that were operated had a load factor of 62.1%.

Norwegian strongly affected by COVID-19 – 71 percent passenger decline, 8,000 furloughed or laid off employees and 140 grounded aircraft

Press releases   •   Aug 28, 2020 06:00 BST

Norwegian today reported its results for the first half year of 2020. The figures are as expected heavily impacted by the COVID-19 pandemic with a net loss of NOK 5.3 billion. During the first half of 2020, 5.31 million customers travelled with the company; a decrease of 71 percent compared to the same period last year.

Invitation to presentation of Norwegian's Second quarter report

Press releases   •   Aug 13, 2020 09:59 BST

Norwegian will release the financial results for the second quarter and first half of 2020 on Friday 28 August 2020. The report and presentation will be made available at 7:00 AM (CET) at norwegian.com and newsweb.no.

The Company will present the results at 8.30 AM (CET) at Felix Conference Center, Bryggetorget 3, Aker Brygge, Oslo. The presentation will be held by CEO Jacob Schram and CFO Geir Karlsen.

Due to the COVID-19 situation all participants attending the presentation must be registered with name, phone-number and e-mail address. Participants may pre-register by sending an e-mail with name and phone to investor.relations@norwegian.com. Please ensure to maintain social distancing and follow the health authorities’ general recommendations.

A live webcast will be available at https://www.norwegian.com/uk/about/company/investor-relations/. In addition to questions from the audience, we will open up for questions sent to investor.relations@norwegian.com with subject "Question Q2 presentation". It is worth noting that questions from the audience will be prioritized in the event of time constraints.

Norwegian Air Shuttle ASA

Fornebu, 13 August 2020

About Norwegian

The Norwegian story began over 27 years ago - we were founded in 1993 but only began operating as a low-cost carrier with bigger Boeing 737 aircraft in 2002. Norwegian expanded across the globe as the airline launched short-haul services across Europe and then entered the long-haul sector serving the US, Asia and South America. We operate a modern and fuel-efficient fleet consisting of Boeing 787 Dreamliners and Boeing 737s.

We were the first airline in the world to join the UN Climate Secretariat’s climate action-initiative in 2019, pledging to work systematically to become carbon neutral by 2050.

From being voted for six consecutive years as Europe’s Best Low Cost airline and for five consecutive years as the World’s Best Low Cost Long Haul Airline by Skytrax to winning Airline Program of the Year Europe & Africa for the fourth consecutive year at the 2020 Freddie Awards - In total Norwegian has won over 55 awards for our service, product and innovation in the industry since 2012.

Norwegian has become part of the fabric of Nordic culture and we take great pride in exporting our Nordic values across the world.

Norwegian has scheduled a presentation of the interim report for the second quarter and first half year 2020 on Friday 28 August and invite to a presentation and live stream at 08:30 CET.

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Tor-Arne Fosser joins Norwegian as new Executive Vice President of the Airline Ecosystem department

Press releases   •   Jul 03, 2020 07:01 BST

Tor-Arne Fosser will join Norwegian as Executive Vice President (EVP) Airline Ecosystem from October 1, 2020. He is currently the Chief Marketing Officer for Telenor Denmark.

Norwegian to Restart Short Haul Flights from the UK and Serve a Wider European Network from July

Press releases   •   Jun 17, 2020 07:01 BST

Norwegian is pleased to announce that in line with other European carriers and as a result of increased customer demand the airline will begin to operate flights between London Gatwick to Oslo, London Gatwick to Copenhagen, Edinburgh to Oslo and Edinburgh to Copenhagen from July 1st.

New management structure in Norwegian

Press releases   •   May 20, 2020 14:45 BST

CEO Jacob Schram today announces the new management structure in Norwegian. The biggest changes involve two distinct commercial units in the Group, greater employee and customer focus, more efficient operation and, not least, an organization that facilitates broad cooperation across the business.

Norwegian finalises recapitalisation and secures state aid

Press releases   •   May 20, 2020 08:26 BST

Norwegian confirms that the restructuring is completed and that the state loan guarantee of in total NOK 3 billion has been approved. The company has now converted NOK 12.7 billion of debt to equity and laid a solid foundation for the future, although the next months will remain challenging.

Norwegian’s pilot and cabin crew companies in Sweden and Denmark file for bankruptcy

Press releases   •   Apr 20, 2020 12:03 BST

The pilots and cabin crew in Scandinavia are employed in subsidiaries in the Norwegian Group. Unfortunately, despite the measures that the company has already taken to reduce costs, the Board of these companies are left with no choice but to apply for bankruptcy.

Norwegian crew support well-being of frontline UK hospital staff during COVID-19 outbreak

Press releases   •   Apr 09, 2020 09:23 BST

Airline Crew from across the industry have come together to form Project Wingman to support the well-being of frontline NHS staff during the COVID-19 outbreak.

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About Norwegian

Norwegian.com

The Norwegian story began over 27 years ago - we were founded in 1993 but only began operating as a low-cost carrier with bigger Boeing 737 aircraft in 2002. Norwegian expanded across the globe as the airline launched short-haul services across Europe and then entered the long-haul sector serving the US, Asia and South America. We operate a modern and fuel-efficient fleet consisting of Boeing 787 Dreamliners and Boeing 737s.

We were the first airline in the world to join the UN Climate Secretariat’s climate action-initiative in 2019, pledging to work systematically to become carbon neutral by 2050.

From being voted for six consecutive years as Europe’s Best Low Cost airline and for four consecutive years the World’s Best Low Cost Long Haul Airline by Skytrax to winning Airline Program of the Year Europe & Africa for the fourth consecutive year at the 2020 Freddie Awards - In total Norwegian has won over 55 awards for our service, product and innovation in the industry since 2012.
For more information, visit www.norwegian.com

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