Norwegian in 2018

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sn26567
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Norwegian in 2018

Post by sn26567 » 29 Dec 2017, 18:27

Norwegian Air Shuttle in 2012-2015
Norwegian in 2016
Norwegian in 2017

Norwegian Air Argentina is planning to fly from Buenos Aires to ... Tahiti in 2018!
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sn26567
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Re: Norwegian in 2018

Post by sn26567 » 04 Jan 2018, 20:47

Norwegian is better prepared to cope with peak travel seasons in 2018, and does not plan to lease expensive aircraft or crews from other companies, says chief executive Bjorn Kjos. The carrier will add some 25 new Boeing aircraft to its fleet in 2018 under a long-term investment plan.
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Re: Norwegian in 2018

Post by sn26567 » 09 Jan 2018, 23:00

KLM gave up rights for some slots at Amsterdam Schiphol to Norwegian, in order to allow more competition on the New York route.
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Re: Norwegian in 2018

Post by Yuqu12 » 10 Jan 2018, 14:12

Small adjustment: KLM was forced to do so by the European Commission.

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Re: Norwegian in 2018

Post by sn26567 » 10 Jan 2018, 15:23

Yuqu12 wrote:
10 Jan 2018, 14:12
Small adjustment: KLM was forced to do so by the European Commission.
Indeed. I cannot imagine that KLM gave up those slots lightheartedly.
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Re: Norwegian in 2018

Post by sn26567 » 10 Jan 2018, 22:08

Norwegian to replace all of the Trent 1000 engines on its 21 B787s over problems mainly with the blades. Carrier plans to bill Rolls-Royce for the swap to newer Trent 1000 TEN engines. Norwegian’s 11 new Dreamliners arriving in 2018 will be delivered already with the newer engines.
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Re: Norwegian in 2018

Post by sean1982 » 16 Jan 2018, 17:16

when MoL said last year that Norwegian might not last very long anymore he was laughed at on this forum. Since then more and more investment banks have been giving profit warnings and recommending to sell shares as norwegian is rapidly running out of cash. Aviation analytics have published an article on just how precarious the situation is and the pitfalls the company faces.

https://www.aviationanalytics.com/2018/ ... stretched/

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Re: Norwegian in 2018

Post by luchtzak » 16 Jan 2018, 22:24

On a question about Norwegian, Michael O’Leary thinks that Norwegian will be gone in 4-5 months: “Norwegian is running out of cash, burning so much cash it may not survive this winter…* ”

* A Norwegian spokesperson said: “These comments have no root in reality. Norwegian has been profitable for the last 10 years, with a strong liquidity, together with owning a substantial share of Bank Norwegian which has a market value of over £1.6billion (NOK 17 billion).

http://www.aviation24.be/airlines/ryana ... -alitalia/

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Re: Norwegian in 2018

Post by sean1982 » 16 Jan 2018, 22:32

luchtzak wrote:
16 Jan 2018, 22:24
On a question about Norwegian, Michael O’Leary thinks that Norwegian will be gone in 4-5 months: “Norwegian is running out of cash, burning so much cash it may not survive this winter…* ”

* A Norwegian spokesperson said: “These comments have no root in reality. Norwegian has been profitable for the last 10 years, with a strong liquidity, together with owning a substantial share of Bank Norwegian which has a market value of over £1.6billion (NOK 17 billion).

http://www.aviation24.be/airlines/ryana ... -alitalia/
Well, obviously, investment Banks and aviation business analysts are more siding with O’Leary’s version of events

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Re: Norwegian in 2018

Post by sn26567 » 23 Jan 2018, 14:59

Norwegian Air Argentina is considering a fleet of up to 19 aircraft in its first year of operation, including 10 to 15 B737-800s and two to four B787s.
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Re: Norwegian in 2018

Post by Not Real » 24 Jan 2018, 10:52

Yuqu12 wrote:
10 Jan 2018, 14:12
Small adjustment: KLM was forced to do so by the European Commission.
Hahaha good for Norwegian ;-)

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Re: Norwegian in 2018

Post by Yuqu12 » 25 Jan 2018, 09:58

Well it would have been good for any company, as KLM and Sky Team were too dominant on that line. Any other company than Norwegian who wanted to start this line could have done so.

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Re: Norwegian in 2018

Post by Charlie Roy » 08 Feb 2018, 11:11

http://www.aviation24.be/airlines/norwe ... k-service/

Norwegian increasing Dublin to New York Steward (SWF) to twice daily.

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Re: Norwegian in 2018

Post by Poiu » 14 Feb 2018, 15:23

Bjorn Kos admitted today that the 2017 figures for Norwegian are bad.
His words: “the good thing about 2017 is that it’s 2018”
Figures are expected to be dark red, another example of unsustainable growth!

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Re: Norwegian in 2018

Post by Passenger » 14 Feb 2018, 17:46

Poiu wrote:
14 Feb 2018, 15:23
Bjorn Kos admitted today that the 2017 figures for Norwegian are bad.
His words: “the good thing about 2017 is that it’s 2018”
Figures are expected to be dark red, another example of unsustainable growth!
This is what Bjorn Kos said about the 2017 result:
https://www.bloomberg.com/news/articles ... al-results

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Re: Norwegian in 2018

Post by luchtzak » 15 Feb 2018, 09:58

Norwegian reports a €30.7 million loss for 2017; results influenced by global expansion, fleet renewal and extraordinary costs

http://www.aviation24.be/airlines/norwe ... ary-costs/

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Re: Norwegian in 2018

Post by Poiu » 15 Feb 2018, 13:32

Shares down 7% today and 35% over the last year, Air Berlin 2.0 in the making, you read it here first.

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Re: Norwegian in 2018

Post by Passenger » 15 Feb 2018, 14:12

Poiu wrote:
15 Feb 2018, 13:32
Shares down 7% today
Bloomberg: down -3.20% at this very moment:
https://www.bloomberg.com/quote/NAS:NO
Yahoo Finance: down -3.10% at this very moment:
https://finance.yahoo.com/quote/NAS.OL/

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Re: Norwegian in 2018

Post by Acid-drop » 15 Feb 2018, 14:35

Poiu wrote:
15 Feb 2018, 13:32
Shares down 7% today and 35% over the last year, Air Berlin 2.0 in the making, you read it here first.
30 Million loss ?
That's peanuts. Uber lost 4.5 Billion last year.
Norwegian is the most likely to beat the shit out of every other airline on the planet from a strategic point of view
My messages reflect my personal opinion which may be different than yours. I beleive a forum is made to create a debate so I encourage people to express themselves, the way they want, with the ideas they want. I expect the same understanding in return.

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Re: Norwegian in 2018

Post by Boeing767copilot » 19 Feb 2018, 09:28

Norwegian Air, the carrier dominating the world’s low-cost long haul market, is planning to expand yet again: this time the airline led by CEO Bjoern Kjos is looking to begin flying to Africa and the Middle East. Norwegian already operates a vast long haul network from Europe to the US and Asia — and from today also to South America, with the launch of its London (LGW) – Buenos Aires (EZE) route on Wednesday. Its network would grow further, according to Kjos, if it wasn’t for opposition from politicians whom the CEO called “probably” corrupt.

Kjos is also planning to introduce Norwegian’s premium seat on the new Airbus A321LR, like on the Boeing 787 it flies across the Atlantic, and wants to use the plane to tap in the future a market it says has huge potential: India and Pakistan. But he’s also incensed by Russia’s refusal to grant Norwegian the right to overfly Siberia, a route that the airline needs for further expansion to East Asia.

more on:

https://thepointsguy.com/2018/02/norweg ... ddle-east/

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