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Found 4 results

  1. JUNE 29, 2020 Por Gwladys Fouche, Terje Solsvik Norwegian Air (NWC.OL) has cancelled orders for 97 Boeing (BA.N) aircraft and will claim compensation from the U.S. plane maker for the grounding of the 737 MAX and for 787 engine troubles that hit its bottom line, the Oslo-based carrier said on Monday. The airline cancelled 92 of the 737 MAX jets, five 787 Dreamliners and so-called GoldCare service agreements related to both aircraft, just as Boeing on Monday began a crucial set of flight tests of the 737 MAX in an effort to gain regulatory approval for it to return to the skies. “Norwegian has in addition filed a legal claim seeking the return of pre-delivery payments related to the aircraft and compensation for the company’s losses related to the grounding of the 737 MAX and engine issues on the 787,” the airline said. Norwegian did not specify the amount it would seek to claim from Boeing, which it had been in talks with about compensation, and was not immediately available for comment. Boeing said it was working with Norwegian on a path forward in a challenging time as it was with other operators but it would not comment on commercial discussions. The problematic Trent 1000 engines, used on the Dreamliners, were made by Rolls-Royce (RR.L), which Norwegian has been in a dialogue with about compensation. Monday’s statement did not say whether Norwegian would file a legal claim against Rolls-Royce. The European budget carrier, which revolutionised transatlantic travel by offering cheap fares, was struggling before the COVID-19 pandemic brought the airline industry to its knees. One reason was the grounding of the 737 MAX in March 2019 following the second of two fatal crashes that together killed 346 people. Norwegian had 18 MAX passenger jets in its 163-aircraft fleet at the time. Originally a small regional airline in Scandinavia, Norwegian made its breakthrough on the global stage with a multi-year order in 2012 for up to 372 aircraft, of which 222 were from Boeing and 150 from Airbus. https://www.reuters.com/article/us-norwegianair-boeing/norwegian-air-cancels-97-boeing-planes-claims-compensation-idUSKBN2402X2
  2. 24 Jan 2020 by Mark Caswell Norwegian has made several changes to its carry-on luggage restrictions, including a new fare which does not include an allowance for an overhead cabin bag. The move – which came into effect yesterday (January 23) – means that customers purchasing a “Low Fare” (styled LowFare) will only be able to carry on one piece of underseat luggage, up to a maximum weight of 10kg. Those passengers wishing to take an overhead cabin bag onboard should opt for a Low Fare + fare, which offers one underseat bag and one overhead bag, up to a combined weight of 10kg. Flex, Premium and Premium Flex customers can carry on one underseat bag and one overhead bag, up to a combined weight of 15kg. Low Fare customers wishing to purchase an overhead bag allowance can do so for an additional cost of between €5 and €9 depending on the flight. All customers can also carry onboard one airport shopping bag in addition to their normal allowance. As part of the changes, Norwegian has increased the size limit of the underseat bag to 30cm x 20cm x 38cm (from 33cm x 25 cm x 20cm), and has also increased the combined weight limit for Flex and Premium customers from 10kg to 15kg. Norwegian says that it is introducing the new policy “to ensure that everyone travelling with Norwegian has a smooth, comfortable flight that departs on time”. “Norwegian’s business model is based on giving our customers freedom of choice and that is also the basis of this new policy,” said Cecilie Nybø Carlsen, VP Product Management at Norwegian. “All customers, regardless of ticket type, can bring one underseat bag to be stored under the seat in front of them. If customers don’t need any additional hand baggage, they can choose our Low Fare ticket at no additional costs. “Those who wish to bring an additional overhead cabin bag can do so at a small additional cost prior to departure or choose a different ticket type when booking their ticket. “It’s important for us that everyone has a good travel experience when they fly Norwegian. It is a common misperception that there is enough room in the cabin for all passengers to bring an overhead cabin bag. “However, most of our aircraft carry 186 passengers and has space for around 80 overhead cabin bags. Now, with the new policy in place, our goal is that boarding will be smoother for our passengers, we can avoid spending time rearranging carry-on baggage in the overhead lockers and help ensure that our aircraft depart on time.” Fellow low-cost carrier Ryanair changed its hand luggage policy in 2018, restricting non-priority customers to one small piece of carry-on luggage, measuring a maximum of 40cm x 20cm x 25cm. https://www.businesstraveller.com/business-travel/2020/01/24/norwegian-introduces-fare-with-no-overhead-cabin-luggage-allowance/
  3. A poucos meses de iniciar suas operações para o Brasil com a rota Londres – Rio de Janeiro, a aérea de baixo custo Norwegian Air está com sérias dificuldades financeiras. Segundo diversas notícias de jornais noruegueses, reforçadas pela Forbes, a companhia enfrenta diversos débitos que devem vencer até o final deste mês de Dezembro. E com uma demanda um pouco enfraquecida, será difícil manter as contas em dia. Na última quinta-feira o jornal NewsInEnglish.No entrevistou o analista Martin Stenshall do banco dinamarquês Danske, o maior da escandinávia, que crê que a Norwegian não irá cumprir os termos de empréstimos antes do reveillón. A Norwegian se encontra numa posição similar à Avianca Brasil, que entrou recentemente em recuperação judicial. Ambas as empresas cresceram de maneira vertiginosa nos últimos anos, adquirindo diversas novas aeronaves para suportar o crescimento. Logo, fazendo novas dívidas. Novas aeronaves são mais econômicas, mas ao mesmo tempo possuem um leasing mais caro. No mesmo período o preço do combustível e o dólar têm crescido de maneira substancial. A companhia atualmente possui um bond (título de dívida) que deve ser pago até novembro de 2020. Dentre os termos deste bond, a companhia deve manter um patrimônio líquido de $1,5 bi de coroas noruguesas. Caso não atinja essa meta, pode causar problemas para a companhia e ter sua confiança com credores e fornecedores abalada. Um outro problema está relacionado ao hub da companhia em Londres (e de onde irá sair o voo para o Rio de Janeiro): o Aeroporto de Gatwick, segundo maior do Reino Unido e que foi fechado duas vezes nos últimos dias devido a atividade de drones próximo às aeronaves. Um casal chegou a ser preso, porém foi liberado sem nenhuma acusação formal. O fechamento durou ao todo 36 horas, fazendo com que mais de 1000 voos fossem cancelados ou alternados, atingindo 140 mil passageiros, boa parte deles da Norwegian, que é a terceira maior operadora no aeroporto após a British Airways e a EasyJet. Apesar da possível turbulência à vista, jornais noruegueses publicaram que dois investidores da Norwegian irão injetar mais dinheiro na companhia para balancear as contas. A Norwegian por sua vez se pronunciou afirmando que as notícias “são pura especulação”. No resultado financeiro do primeiro trimestre deste ano a empresa divulgou que teve perdas além do esperado, e logo depois fez captou $168 milhões de dólares para ajudar a cobrir custos de combustível e dar maior estabilidade para a companhia. Com informações da Forbes. Discount Carrier Norwegian Air Faces Financial Pressure As Year Ends NEW YORK, NY - SEPTEMBER 24, 2017: A Norwegian Air Shuttle passenger jet (Boeing 787) parked at a gate at John F. Kennedy International Airport in New York, New York, features a portrait of Danish pianist and humorist Victor Borge painted on its tail. (Photo by Robert Alexander/Getty Images)GETTY Update: On Monday, Norwegian Air issued a statement outlining its financial plan through early 2019 and addressing the issues raised by Danske Bank. It's been a tough year for international discount air carriers. Faced with ballooning jet fuel costs and new competition from legacy operators, many budget airlines have been forced to cut costs and limit service just to stay afloat. Many carriers are struggling to stay solvent. In October, Primera Air, a discount carrier based out of Copenhagen, Denmark, suddenly collapsed stranding thousands of passengers around the globe; British Airways, Delta and United stepped in to ultimately relocate those passengers. Wow Air, an upstart discount carrier based out of Reykjavik, Iceland, that has recently expanded into the United States, has also hit turbulence. Facing a tidal wave of upcoming costs, the carrier was forced to consider a sale to its rival Iceland Air this October. Eventually, the parent company of Frontier injected a lifeline to keep the company afloat, but it's not clear how long the airline will be able to keep up its rapid expansion while maintaining its ultra-low fare structure. Now, Norwegian Air, a popular discount carrier that offers budget airfare to a handful of destinations in the United States, is reportedly facing similar pressure. According to several Norwegian news sources, the carrier faces a mountain of debt payments that are due by the end of the month – and with weakened revenue, those bills may be hard to pay. On Thursday, Newsinenglish.no said that "Analyst Martin Stenshall at Danske Bank thinks Norwegian will violate the terms of its loans by New Year." That news was later picked up by the popular frequent flyer blog View From the Wing and other American outlets. Norwegian followed up with a statement of its own, saying "This is pure speculation. As previously announced, our liquidity is satisfactory, we attract hundreds of thousands of new passengers every month and we are currently working on selling parts of our fleet, which will further strengthen our financial situation." Norwegian is in a precarious position because of the debt that it has taken on to fuel rapid growth in the last fifteen years. In 2012, the airline opened a base in London's Gatwick airport as part of a large international expansion effort – one that eventually led to the carrier operating discount flights to the United States and back. To fuel that expansion, however, the carrier purchased and leased a spate of new aircraft, racking up a great deal of debt in the process. Now, with jet fuel costs up and revenues down, that debt may be coming back to haunt the airline. All told, Norwegian operates service to over 150 destinations (though some are seasonal) with over a dozen routes alone to the United States. Were the airline to suddenly cease operations on December 31st, tens of thousands of passengers could be stranded around the world. Norwegian's problems were exacerbated this week by a shutdown of service at London's Gatwick airport, the second biggest hub by passenger volume in the United Kingdom, after drones were allegedly spotted flying nearby. Norwegian Air runs a major hub out of that airport with multiple flights daily operating to both international and European destinations. Despite the storm clouds on the horizon, Newsinenglish, the Norwegian news site, seems confident that two of Norwegian Air's stakeholders will inject more cash into the operation to tidy up the balance sheet. And based on communication sent from the carrier this Saturday, the airline's liquidity position is reportedly stable. As the end of the year approaches, Norwegian seems keen on having its debts fully settled. Primary vocations: engineering and media. In 2007 I joined AOL's Gadling as an airline writer. Currently, I contribute to a variety of publications including Forbes and The Economist and I'm a business editor at large at Skift and The BBC.
  4. 12 AUGUST, 2019 The aircraft – powered by Rolls-Royce Trent 1000 engines – was operating flight DY7115 to Los Angeles on 10 August. Norwegian says it suffered a "technical problem" a few minutes after the departure. The flight took off from runway 16R at around 16:45, a course which took it over the town of Fiumicino just south of the airport. While Norwegian did not specify the nature of the problem, unverified photographs circulating on social media purport to show metallic fragments collected by local citizens as well as damage to car windows claimed to have resulted from falling parts. Norwegian says the twinjet returned to the airport and landed "in complete safety". It touched down around 25min after departure. The airline says 298 passengers were on board along with three pilots and nine cabin crew members. FlightGlobal has identified the 787-8 involved as LN-LND, which Cirium Fleets Analyzer lists as a 2014 airframe. Italian investigation authority ANSV confirms that "engine problems" were the reason for the aircraft's return to the airport. It says it has opened a safety probe into the "serious" incident. Norwegian says it is "collaborating" with airport operator Aeroporti di Roma and other authorities over the event. https://www.flightglobal.com/news/articles/departing-787-appears-to-shed-engine-parts-over-rome-460223/ http://avherald.com/h?article=4cb6a09d&opt=0
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