Reading Time: < 1 minute Norwegian Air Shuttle (NAS) has started moving some of its aircraft from Scandinavian bases to Shannon Airport in Ireland as part of the new restructuring procedure. The pandemic has intensified the financial struggles faced by NAS, so in addition to the ongoing examinership process in Ireland, the airline has now filed for reconstruction under Norwegian […]

Reading Time: < 1 minute Norwegian Air Shuttle admitted it was facing a “very uncertain” future after the government refrained from providing the second rescue package. Norwegian is deeply disappointed and thinks the decision is unfair because the popular low-cost carrier employing more than 2000 employees has brought billions to the economy. Norwegian’s CEO Jacob Schram called the incident “a […]

Reading Time: < 1 minute To meet the competitive environment in a period with seasonally lower demand in Europe, Norwegian Air Shuttle ASA (“the Company”) has made several changes to its route portfolio as well as adjusted its capacity. Combined, these measures should improve the financial performance from the start of 2019. In addition, the Company has launched an extensive […]