Norwegian Passenger Numbers Continue To Increase In August
Norwegian's traffic figures for August show a continued increase in the number of passengers. The number of future bookings has also continued to increase in line with Norwegian's expanding route network as more people are fully vaccinated and EU / EEA countries accept international COVID certificates for travel.
Norwegian second quarter results: Positive effect of completed reconstruction process and steady uplift of demand
Norwegian today reported its second quarter results and published the H1 2021 financial report. The results continued to be impacted by COVID-19 and travel restrictions in all markets. However, following the successful completion of the reconstruction process and the subsequent NOK 6 billion equity raise, the company is now well positioned for future growth.
Norwegian Air Shuttle - Publication of listing prospectus
Reference is made to the following bond issues of Norwegian Air Shuttle ASA:
Norwegian Air Shuttle ASA 21/PERP FRN FLOOR C SUB CONV with ISIN NO 0010996432 and Norwegian Air Shuttle ASA 21/PERP FRN FLOOR C SUB CONV with ISIN NO 0010996440 (jointly, the “New Capital Perpetual Bonds”), and Norwegian Air Shuttle ASA 21/26 ADJ C with ISIN NO 0010996390 (“NAS13”).
On 18 August 2021 the No
Norwegian Releases Summer 2022 Schedule - Connecting the UK and Ireland to Scandinavia with 142 weekly flights
Norwegian will continue to increase flights between the UK and Ireland to destinations across Scandinavia as the airline releases the summer 2022 flying programme. All flights are now available to book offering a wide range of destinations from London, Edinburgh, Manchester and Dublin.
Invitation to presentation of Norwegian's Second quarter report
Norwegian will release the financial results for the second quarter and first half of 2021 on Tuesday 31 August 2021. 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 Geir Karlsen.
July Traffic Results: Increased passenger demand
Norwegian's traffic figures for July shows a continued increase in the number of passengers. Demand is driven by ease in travel restrictions, in addition to a higher level of the population being vaccinated. In July, Norwegian operated 33 aircraft, which is approx. 50 percent more than the previous month.
Norwegian offers flexible booking policy with 24 hour money-back guarantee
To meet customer demands for greater flexibility, Norwegian has changed the booking policy for cancellations and changes, allowing customers to cancel with full refund up to 24 hours after purchase.
June Traffic Results: Continued Positive Trend In Passenger Demand
Norwegian's traffic figures for June continue to be heavily influenced by travel restrictions and therefore low demand. However, forward bookings and demand continue to show a positive increase as a greater number of markets unlock and ease restrictions. In July, the number of aircraft and routes will gradually increase.
Norwegian trials Amadeus document verification technology to create a smoother passenger journey
Amadeus’ Traveler ID brings speed and clarity to the self-service check-in process by enabling the verification of health documentation
Norwegian Air Shuttle ASA – Conversion of New Capital Perpetual Bonds
Reference is made to the Norwegian Air Shuttle ASA (the “Company”) FRN perpetual subordinated convertible bond loan with ISIN NO 0010996440 and ISIN NO 0010996432 in the aggregate amount of NOK 1,832,981,723 (the “New Capital Perpetual Bonds”).
Pursuant to the bond terms, the New Capital Perpetual Bonds with ISIN NO 0010996440 in the aggregate amount of NOK 1,738,293,310 can be converted
Geir Karlsen appointed new CEO of Norwegian
Geir Karlsen has been appointed new CEO of Norwegian Air Shuttle ASA ("Norwegian"). Karlsen succeeds Jacob Schram. The appointment will be effective June 21st 2021.
Dividend to creditors affected by the financial restructuring
Reference is made to the stock exchange announcements of 26 May 2021 regarding the exit from the Irish examinership (the "Examinership") and Norwegian reconstruction (the "Reconstruction") processes for the Company and certain of its related Irish companies and the implementation of the proposed schemes of arrangement related to the Examinership and a restructuring plan related to the Reconstructi