Tag: Norwegian airline

Chinese state owned company bought 12.67 percent of Norwegian airline’s share

Norwegian has secured government loan guarantees of NOK 3 billion. ธhe company confirmed that the restructuring plan has been completed and that the state loan guarantee totaling NOK 3 billion has been approved, in an official statement published on 20 May 2020. Leasing company Aercap Holdings in Ireland now becomes the largest owner in Norwegian.…

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

The Danish and Swedish staff of the airline company Norwegian were technically employed by three companies in Denmark and one in Sweden. These four companies have all filed for bankruptcy due to the stand-still situation of the airline industry leaving 1,571 pilots and 3,134 cabin crew staff unemployed. In a press release issued by Norwegian…

Norwegian government granted state fund to national airlines

The Norwegian government proposed $547( NOK 6 Billion) state aid package for the countries aviation companies. While half of the sum would be distributed among various airlines, including SAS Scandinavian Airlines and Widerøe, Norwegian could be the sole beneficiary of the other half, totaling to $274 million (NOK 3 billion). However, the government would direct…

Norwegian government cooperates with airlines to assist Norwegians coming home

The Norwegian government published an official press release on 17 March 2020 that said: Minister of Foreign Affairs H.E. Ine Eriksen Søreide said “We are in a serious and unpredictable situation. It is becoming harder for many Norwegian citizens to return home because more and more countries are closing their borders and airspace and introducing…

Norwegian cuts Thailand bound flights

norwegian airline

By the end of March, users of Norwegian from Denmark and Sweden will no longer have a direct route to Thailand. The airline has announced in a press release that it will cancel the routes from Copenhagen to Bangkok and Krabi as well as from Stockholm to Bangkok. The changes will be effective from 27…

Norwegian focuses on Airbus 321 to serve long-haul, incl. Asia

  Norwegian’s subsidiary Arctic Aviation Assets Ltd (AAA) has placed a new order of 30 Airbus 321 Long Range aircraft. Norwegian will operate the A321LR once the aircraft enters service in 2019. The aircraft has a size and range that makes it suitable for many more long-haul destinations in the future, including Asia. In 2012,…