Norwegian initiates a reorganisation plan with its daughter companies Norwegian Air International and Arctic Aviation Assets seeking protection under Irish Examinership

Press releases   •   Nov 18, 2020 15:40 GMT

Norwegian Air Shuttle ASA (“Norwegian”) has decided to initiate an examinership process in Ireland relating to its subsidiary Norwegian Air International Limited (NAI), its wholly-owned asset company Arctic Aviation Assets DAC (AAA) and some of AAA’s subsidiaries; Norwegian will also enter in and get protection of the Irish Examinership process as a related party.

Norwegian forced to furlough an additional 1,600 employees following the government’s decision not to give further support

Press releases   •   Nov 09, 2020 17:25 GMT

Norwegian forced to furlough employees and reduce capacity considerably following the government’s decision to not support the company financially to get through the corona crisis while simultaneously imposing travel restrictions that actively discourage passengers from travelling. Norwegian needs to keep its running costs to a minimum, while the company continues to work on solutions to survive.

Norwegian is very disappointed about lack of government support

Press releases   •   Nov 09, 2020 07:03 GMT

The government of Norway today announced that Norwegian will not receive further financial support, which Norwegian had clearly communicated was necessary to maintain operations throughout the Covid-19 crisis. The company is now facing a very uncertain future, but we will do everything in our power to get through this crisis and to continue doing what Norwegian has been doing for almost 20 years

COVID-19 continues to heavily impact Norwegian’s traffic figures

Press releases   •   Nov 05, 2020 07:00 GMT

Norwegian’s traffic figures for October are heavily influenced by lower demand caused by continued travel restrictions across Europe, with several new red zones.

Norwegian is voted Europe’s Leading Low- Cost Airline 2020 for 6th consecutive year

Press releases   •   Nov 02, 2020 07:48 GMT

Norwegian has been named Europe’s Leading Low-Cost Airline 2020 for the sixth consecutive year at the 27th annual World Travel Awards, one of the travel industry's most prestigious awards.

COVID-19 heavily impacts Norwegian’s September traffic figures

Press releases   •   Oct 06, 2020 07:00 BST

Norwegian’s traffic figures for September are heavily influenced by lower demand caused by new and stricter travel restrictions across Europe.

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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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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