Recent events
Recent events tied to this brand in public sources.
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2021
Wizz Air acquires 15 daily slot pairs at Gatwick
Wizz Air acquired 15 daily slot pairs at Gatwick from Norwegian, enabling it to base four additional A321 neo aircraft there from spring 2022.
2021
Wizz Air acquires Gatwick slots from Norwegian Air Shuttle
Wizz Air announced that it had acquired 15 daily slot pairs from Norwegian Air Shuttle at Gatwick Airport. The deal is also described as enabling Wizz Air UK to base four additional aircraft there from Spring 2022 and creating inbound flight opportunities for Wizz Air Hungary.
2021
Norwegian reports first-half 2021 results
Norwegian reported first-half 2021 profit before tax of NOK1,590 million, compared with a loss of NOK4,792 million in the same period in 2020. The company said results continued to be affected by COVID-19 and travel restrictions.
2020
Norwegian files for bankruptcy protection in Ireland
Norwegian Air Shuttle filed for bankruptcy protection in Ireland for two subsidiaries, Norwegian Air International and Arctic Aviation Assets, while seeking a financial restructuring.
2020
Passengers sue Norwegian Air over unpaid refunds
A group of American passengers brought a class-action lawsuit against Norwegian Air Shuttle over refunds for flights canceled due to the COVID-19 pandemic. The article reports that the airline declined to comment on the lawsuit.
2020
Norwegian completes debt-to-equity restructuring
Norwegian completed a financial restructuring that converted NKr12.7 billion ($1.27 billion) of debt into equity, enabling it to access NKr3 billion in state aid.
2020
Norwegian announces a new route from London Gatwick to Aktion Airport
Norwegian announced a new nonstop service from London Gatwick to Aktion Airport in Greece, with the first flight planned for May 3, 2020, and twice-weekly service for the summer season.
2019
Norwegian agrees to sell its Argentinian subsidiary to JetSMART
Norwegian Air Shuttle signed an agreement to sell 100 percent of Norwegian Air Argentina to JetSMART Airlines. JetSMART was to assume the operation immediately, while the parties expected the integration process to take several months.
2019
Norwegian appoints Jacob Schram as CEO
Norwegian Air Shuttle appointed Jacob Schram as its new CEO. He is scheduled to start the role on January 1, 2020.
2019
Norwegian Air Shuttle raises NOK2.5 billion
Norwegian Air Shuttle raised NOK2.5 billion through a share sale and bond issue. The airline said the funds left it fully funded through 2020 and beyond.
2019
Norwegian and China Construction Bank Leasing agree to establish aircraft joint venture
Norwegian agreed to establish a joint venture with China Construction Bank Leasing Corporation to finance aircraft on order. The venture is initially to comprise 27 Airbus A320neo aircraft, with China Construction Bank Leasing Corporation owning 70% and Norwegian, through Arctic Aviation Assets DAC, owning 30%.