Norwegian to introduce new UK flights to Croatia this weekend
Low cost airline Norwegian will launch a new route from London Gatwick this weekend - with flights to Pula, Croatia taking off from Sunday.
Successful placement of new senior unsecured bond
Norwegian Air Shuttle ASA has successfully completed a new unsecured bond issue of NOK 1 billion with maturity May 2018. The settlement date for the loan is expected to be 20 May 2015.
Net proceeds from the bond issue will be used for general corporate purposes. An application will be made for listing of the bonds on Oslo Stock Exchange. The new bond loan was oversubscribed.
Arctic Secu
Norwegian continues UK expansion with three new routes
Norwegian today announced further expansion in the UK with three new routes set to launch from Edinburgh and Birmingham airports to the Canary Islands this winter. In total, Norwegian is adding almost 100,000 seats between the destinations.
Norwegian reports passenger growth and high load factor in April
Norwegian carried 2.1 million passengers in April 2015, an increase of seven percent compared to the same month previous year. The load factor was 82.4 percent, up 2.6 percentage points.
Norwegian reports strong passenger growth and high load factor in the first quarter
Norwegian today reported its Q1 results for 2015. The net profit is -538 MNOK, an improvement of 57 MNOK from the previous year. The results were affected by the pilot strike in Scandinavia and the weak Norwegian currency. The passenger growth outside Scandinavia is strong and the load factor is six percentage points higher than the same period last year. Future bookings are looking good.
Norwegian launches new routes to the Caribbean and Croatia from London Gatwick
Norwegian continues to expand its long-haul network with new direct routes. Starting November 2015, Norwegian will launch a non-stop service between London Gatwick and the Caribbean island of Puerto Rico. As of May 2015, Pula in Croatia will be a new destination from London Gatwick. The airline is also adding more weekly flights between London Gatwick and New York.
Presentation of Norwegians first quarter report
In connection with the release of Norwegian's first quarter results 29 April, the company invite to a presentation at 8:30 AM in Oslo by CEO Bjørn Kjos and CFO Frode Foss and a conference call for investors and analysts in the afternoon.
Norwegian: notice of Annual General Meeting
Norwegian has today announced that the Annual General Meeting (AGM) will be held on May 12 at the company's headquarters. The notice of the AGM and the annual report is now available for downloads at our home page.
The pilot strike amounted to a loss of 350 MNOK for Norwegian
Norwegian’s traffic figures for March are strongly affected by the strike among the company’s Scandinavian pilots. Calculations show that the strike amounted to a loss of 350 MNOK in additional costs and loss of revenue. For the first time ever, Norwegian has had a decline in number of passengers compared with the same month the previous year.
Norwegian Celebrates Inaugural Flights between London Gatwick and Orlando
On Saturday afternoon, Norwegian’s first flight from London Gatwick to Orlando International Airport (MCO) in Florida, took off.
Norwegian celebrates inaugural flights from Birmingham Airport
Today, Norwegian celebrated its inaugural flight from Birmingham Airport to Madrid; the first of three new Spanish destinations set to launch this summer from the airport. “Today is a double celebration – we’re celebrating the launch of direct flights to Madrid and welcoming Norwegian to Birmingham Airport,” said David Winstanley, Chief Operating Officer at Birmingham Airport.
Norwegian changes cockpit procedures
Norwegian has decided to change its cockpit procedures so that two crew members always are present in the cockpit.
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