Norwegian CFO Frode Foss to leave the company

Fornebu, Norway, 2017-Jul-08 — /Travel PR News/ — CFO of Norwegian, Frode Foss has decided to leave the company. Vice President Investor Relations, Tore Østby, will take on the position for an interim period. Tore Østby joined Norwegian as Vice President IR in 2014. Foss has been the CFO of Norwegian since the company was… Read the full press release

Norwegian Air Shuttle ASA: Arctic Aviation Assets Ltd finalizes PDP financing of fifty Airbus 320 Neo aircraft scheduled for delivery until 2019

Fornebu, Norway, 2016-Feb-01 — /Travel PR News/ — Arctic Aviation Assets Ltd (AAA), a wholly owned subsidiary of Norwegian Air Shuttle ASA (Norwegian), has arranged for pre-delivery payment financing (PDP) of fifty Airbus 320 Neo aircraft scheduled for delivery in 2016 to 2019. The facility that covers PDP financing for deliveries until the end of 2019… Read the full press release

Norwegian reports strong growth in all European markets with capacity increase of 36 percent and load factor of 85 percent in its third quarter results

Fornebu, Norway, 2014-10-27 — /Travel PR News/ — Norwegian reports strong growth in all European markets with a capacity increase of 36 percent and a load factor of 85 percent in its third quarter results. The pre-tax result (EBT) was 505 MNOK, compared to 604 MNOK the same quarter previous year. The costs associated with wet-leasing… Read the full press release