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NORWEGIAN

Cheap New York flights prompt Swedish frenzy

Budget carrier Norwegian announced flights between Stockholm and New York City for under 1,000 kronor ($150) on Thursday, prompting a massive spike in demand which proved too much for the airline's website.

Published: 8 November 2012 17:06 CET
Cheap New York flights prompt Swedish frenzy
Photo: Norwegian

“Dear customer, due to extreme demand, we are closing our website for a short time in order to increase capacity and stability,” the airline said in a statement on Thursday.

Norwegian announced earlier on Thursday that it was extending its budget service to longer haul destinations.

New York City has been launched as the first destination, with flights commencing from Stockholm’s Arlanda in May 2013, followed by Bangkok in June.

Tickets to JFK airport in New York could be had for a paltry 1,199 kronor, with the return journey costing 964 kronor, including taxes and fuel surcharges.

“Today’s launch is a major and important milestone in Norwegian’s history,” the company’s CEO Bjørn Kjos said in a statement on Thursday morning.

The company promises to adapt its no-frills service to offer customers “that little extra” to provide more comfort on the longer haul routes.

Norwegian’s website was back up and running by 4pm on Thursday afternoon, but at first glance there appeared only a handful of the cut-price tickets still available.

The routes will be plied by Boeing 787 Dreamliner aircraft, the first of which will be delivered to the airline in April 2013.

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AIRLINE

Airline Norwegian posts 15 billion kroner loss after nightmare 2020

Low cost airline Norwegian has registered a loss of 14.9 billion Norwegian kroner for 2020, a year in which the company saw a drastic reduction in passenger numbers and was on the brink of bankruptcy.

Published: 26 February 2021 13:18 CET
A file photo of a Norwegian Air Shuttle plane in Finland.
A file photo of a Norwegian Air Shuttle plane in Finland. Heikki Saukkomaa / Lehtikuva / AFP

Low cost airline Norwegian has registered a loss of 14.9 billion Norwegian kroner for 2020, a year in which the company saw a drastic reduction in passenger numbers and was on the brink of bankruptcy.

The company published its annual results on Friday, revealing the huge operating loss.

Norwegian’s 2019 result, a loss of around 1.7 billion kroner, had put the company in a difficult position even prior to the outbreak of the Covid-19 pandemic.

The coronavirus outbreak and its consequent travel restrictions reduced the company’s passenger numbers to 6.9 million in 2020. That is 29 million fewer than in 2019.

Not all of the loss is due to fewer passengers. Around half of the company’s devaluation is attributed to a depreciation of the value of its aircraft fleet, news wire Ritzau reports.

“2020 was an exceptionally demanding year for air travel and for Norwegian,” CEO Jacob Schram said in a statement on the annual results.

“In light of that, the result for the fourth quarter (of 2020) is not surprising. Unfortunately, the majority of our employees are furloughed and many have lost their jobs – in part because of the closure of long distance services,” he added.

The company was already in debt prior to the pandemic and is now under bankruptcy protection in Ireland and is undergoing similar process in Norway.

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