Norwegian Air Shuttle ASA (NWC.OL)
14 Feb 2019
Thu, Feb 7 2019
OSLO, Feb 7 Norwegian Air expects to be able to continue to fly passengers to and from Britain in the case of a no-deal Brexit, Chief Executive Bjoern Kjos told Reuters on Thursday.
OSLO, Feb 7 Norwegian Air has signed a letter of intent with an Asian company to form a joint venture on aircraft fleet ownership, Chief Financial Officer Geir Karlsen told a news conference on Thursday, business daily Dagens Naeringsliv reported.
OSLO, Feb 7 Norwegian Air has cut its capacity growth plans for 2019 to just 9 percent from 15-20 percent seen previously as it seeks to preserve cash and prioritise profits over growth, it said on Thursday while reporting a fourth-quarter loss.
OSLO, Feb 7 Norwegian Air has cut its expected capacity growth for 2019 to just 9 percent from 15-20 percent seen previously as it seeks to preserve cash and prioritise profits over growth, it said on Thursday while reporting a fourth-quarter loss.
OSLO, Feb 6 Budget carrier Norwegian Air posted higher-than-expected income from each passenger in January but was less successful in filling its planes, its monthly traffic report showed on Wednesday.
OSLO Norwegian Air plans to raise 3 billion Norwegian crowns ($353 million) in a share sale to strengthen its finances, days after British Airways owner IAG ruled out a bid for the loss-making budget airline.
* Shares drop as much as 30 pct https://tmsnrt.rs/2TpKIoZ (Adds graphic, quote, detail)
LONDON/OSLO British Airways owner IAG said on Thursday it would not make a new bid for Norwegian Air and would sell its remaining stake in the budget airline, sending Norwegian's shares sharply lower.
* Norwegian shares sink after IAG ends interest in buying firm
LONDON, Jan 24 British Airways owner IAG won't make a bid for Norwegian Air Shuttle, the airlines group said on Thursday, and will sell its remaining stake in the company.