Norwegian Air Shuttle

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Norwegian Air Shuttle ASA
Boeing 787-8 of the Norwegian Air Shuttle
IATA code : DY
ICAO code : NAX
Call sign : NOR SHUTTLE
Founding: 1993
Seat: Fornebu , NorwayNorwayNorway 
Operational bases:

see bases

Home airport : Oslo Airport Gardermoen
Company form: ASA
ISIN : NO0010196140
IATA prefix code : 328
Management: Jacob Schram ( CEO )
Niels Smedegaard ( Chairman )
Number of employees: 9388 (end of 2019)
Sales: NOK 43,522 billion (2019)
Profit: NOK −947 billion (2019)
Passenger volume: 36.2 million (2019)
Alliance : Airlines for Europe
Frequent Flyer Program : Norwegian Reward
Fleet size: 18 (+ 95 orders)
Aims: National and international
Website: www.norwegian.com

Norwegian Air Shuttle (with Norwegian outside ) is a Norwegian low-cost airline based in Fornebu , Bærum and based at Oslo-Gardermoen Airport .

history

Norwegian Fokker 50 in 1999

Norwegian Air Shuttle has been taking over Norwegian regional flights for Braathens since its inception on January 22, 1993 . These services were discontinued on March 31, 2003. In September 2002 the company started with a low-cost flight concept between Oslo-Gardermoen Airport and Stavanger , Bergen , Trondheim and Tromsø with a second-hand Boeing 737-300 . On April 5, 2003, the scheduled service to destinations in Spain and Portugal began, and since April 2003 Norwegian has also operated its own regional flights with Fokker 50 in northern Norway. In the summer of that year, the Norwegian airports in Alta , Harstad / Narvik , Bodø and Ålesund and international airports in London-Stansted and Stockholm / Arlanda were added. On December 18, 2003, Norwegian Air Shuttle went public on the Oslo Stock Exchange.

In April 2007, the Swedish airline FlyNordic was completely taken over by Norwegian Air Shuttle. Since April 2008, this is no longer run as an independent company, but only operates flights on behalf of the parent company under the new name Norwegian.se . In 2008 a codeshare agreement was signed with Stirling Airlines for flights from Oslo and Stockholm.

At the end of 2010, new routes within Finland were offered and flights to eleven holiday destinations started from Helsinki-Vantaa Airport . In May 2011 Norwegian took an order for three Boeing 787-8s from Icelandair , which will be used to fly to long-haul destinations from August 2013. At the beginning of January 2012 the base at Moss Airport, Rygge was closed. Flights at this airport accounted for less than 1 percent of total Norwegian production

In 2011, the company began offering WiFi reception on board on European flights, making it the first airline to offer such a service. At the end of the year, the entire 737-800 fleet was equipped with WiFi.

On January 25, 2012, Norwegian ordered a total of 108 Boeing 737 MAX 8s . The first two machines of the type that are leased were delivered on June 29, 2017 and went to Norwegian Air International .

In the same year it was announced that Norwegian plans to open a base in Bangkok and station a Boeing 787-8 there in order to avoid the high personnel costs in Norway. In spring 2013, two new bases were opened in Alicante and London, and thus for the first time outside of Scandinavia.

Norwegian Air Shuttle started long-haul operations in May 2013. The long-haul flights are operated by wholly-owned subsidiaries: the Norwegian Norwegian Long Haul , the Irish Norwegian Air International , the British Norwegian Air UK and the Argentine Norwegian Air Argentina . Every airline except Norwegian Long Haul has an Air Operator Certificate (AOC) but shares branding and commercial functions with the rest of the group. They operate both the long-haul fleet and flights on behalf of the parent company.

After the opening of the aviation market in Argentina in 2016, Norwegian Air Argentina was founded, which wants to offer domestic flights in the South American country from bases in Buenos Aires , Córdoba and Mendoza . The connection between Buenos Aires and London-Gatwick , which was launched in February 2018, provides connections to Europe .

According to its own information, Norwegian recruited 140 pilots from low-cost flight competitor Ryanair to operate its own fleet in 2017 alone .

In 2018 Norwegian entered into a wet lease agreement with Hi Fly Malta . This includes the three-week operation of an Airbus A380 in scheduled service between London Gatwick Airport and John F. Kennedy International Airport from August 3 to 23, 2018. The machine served as a replacement for the company's Boeing 787 "Dreamliner", which had failed due to engine repairs. This made Norwegian the first low-cost airline to operate wet lease flights with an A380. The aircraft used had only recently been transferred to Hi Fly Malta as the first follow-up customer for a used A380. In the same year, Norwegian founded the wholly-owned subsidiary Norwegian Air Sweden in Sweden . which received its approval in November 2018 and took over the first Boeing 737 MAX 8.

On March 12, 2019, the European Aviation Safety Agency (EASA) banned all Boeing 737-8 MAX and 737-9 MAX aircraft from operating within Europe. Since then, Norwegian’s 18 Boeing 737 MAX 8s have also been on the ground.

On December 4, 2019, Norwegian Air Argentina was sold for an undisclosed amount to the Chilean low-cost airline JetSmart , a subsidiary of Indigo Partners , which will take over the operation of the airline with immediate effect. For the months after the sale, JetSmart had planned to phase out the Norwegian brand and to integrate the airline into its own Argentinian airline, JetSmart Argentina . Norwegian Air Argentina’s three Boeing 737 aircraft owned by Norwegian Air Shuttle but registered in Argentina were not among the company's assets that were sold to JetSmart. They are scheduled to return to Norwegian Air Argentina’s European operations, while JetSmart will use Airbus A320 Family aircraft in their place .

Due to the Covid-19 pandemic, 85% of all flights were canceled in mid-March 2020. Therefore, in the 2nd half of March, 95% of the fleet was parked and around 7,650 employees were on leave. As of April, only 7 of the 142 aircraft were flying on state-subsidized domestic flights, with 200 employees still working for Norwegian.

From March to June 2020, the restricted flight operations continued with an average of 50 flights per day. As of July 2020, an average of 100 flights per day were initially operated with 64 destinations in Europe. Including travel destinations in Schengen countries outside of Scandinavia.

Debt crisis

The company had ordered around 220 new aircraft since 2012 to enter the transatlantic market. It was the biggest deal in European aviation history. But the company had taken on itself financially. Engine problems in the Boeing 787 fleet and the flight ban on the Boeing 737 MAX 8 slowed expansion. In January 2019 it was announced that Norwegian was closing its bases in Gran Canaria, Newburgh, Palma, Providence and Tenerife. In Rome-Fiumicino, the short and medium-haul base will be eliminated, while the long-haul base will remain. Norwegian is in the red with 2.3 billion euros, all of their 90 brand new A320 Neo have been put up for sale. In September 2019, the decision to close the Gran Canaria and Tenerife South bases was revised.

Losses were incurred again in the course of 2019. In July 2019, Norwegian founder, CEO and largest shareholder Bjørn Kjos (* 1946) resigned as CEO, which could make a sale easier. In August 2019, the airline sold its 17.5 percent stake in the banking company Norwegian Finans to Cidron Xingu Limited for 2.22 billion Norwegian kroner (222.4 million euros).

In September 2019, it was announced that Norwegian had asked creditors to postpone the repayment of two corporate bonds due in December 2019 and February 2020 for a total of $ 380 million for up to two years. As security, Norwegian offered valuable slots at London's Gatwick Airport. According to an agreement in October 2019, the Chinese leasing company CCB Leasing will take over 70% of the Norwegian fleet and reduce the airline's debt by around 1.5 billion euros. The leasing partner is also financing 27 new Airbus A 320neo aircraft between 2020 and 2023.

In March 2020, the Norwegian government is launching a rescue package for Norwegian. On April 14, 2020, the share price fell over 60% as the company plans to reduce its leverage by issuing new shares .

On April 20, 2020, 4 subsidiaries (Norwegian Pilot Services Sweden AB, Norwegian Pilot Services Denmark ApS, Norwegian Cabin Services Denmark ApS, Norwegian Air Resources Denmark LH ApS), through which the airline had employed pilots and cabin crew in Sweden and Denmark, filed for bankruptcy on. Due to the extraordinary situation (force majeure), Norwegian has also informed OSM Aviation that it has terminated the crew member supply agreements with several of its joint OSM Aviation subsidiaries. These companies have crew members in Spain, the UK, Finland, Sweden and the USA. The actions mentioned affect 1,571 pilots and 3,134 cabin crew. Around 700 pilots and 1,300 flight attendants in Norway, France and Italy are not affected.

On May 4, 2020, the shareholders approved the rescue plan at an extraordinary general meeting. Previously, lenders and leasing companies had agreed to convert part of the debt into Norwegian shares. Together with a capital increase, the requirements were met to receive the 2nd and 3rd batch of state-secured loans.

Bases

Norwegian Air Shuttle headquarters

Norwegian Air Shuttle has 19 bases, each of which has employees and aircraft:

Closed bases

Destinations

Norwegian operates several connections within Scandinavia from its bases and also flies to numerous metropolises and holiday destinations across Europe . It also serves destinations in North Africa , the Middle East , North and South America and Asia .

In German-speaking countries , Berlin-Schönefeld , Düsseldorf , Hamburg , Hanover , Cologne / Bonn , Munich , Salzburg and Vienna are served.

fleet

Boeing 737-800 of Norwegian

Current fleet

As of April 2020, the Norwegian Air Shuttle fleet consists of 18 aircraft with an average age of 6.0 years:

Aircraft type number ordered Remarks Seats
( Business / Eco + / Eco )
Airbus A320neo 065 Delivery postponed 180 (- / - / 180)
Airbus A321LR 030th Delivery probably from 2019 Delivery postponed 220 (- / - / 220)
Boeing 737-800 18th with winglets fitted 186 (- / - / 186)
189 (- / - / 189)
total 18th 95
*110 orders, minus 9 to Norwegian Air International , 6 to Norwegian Air Sweden and 3 already delivered
* 97 orders from the manufacturer Boeing were canceled at the end of June 2020.

Special paints

Aircraft type Aircraft registration Painting image
Boeing 737-800 LN-DYU " Wireless internet on board " LN-DYU 2 B737-8JPW Norwegian Air Shuttle (wi-fi logojet) PMI 01OCT13 (10044623283) .jpg
LN-NGE " UNICEF " LN-NGE @ LGW 05JUN14 (15104157563) .jpg

Furthermore, a large part of the Boeing 737-800 and the Norwegian 787-8 have portraits of famous Scandinavian and international personalities on the vertical stabilizer.

Subsidiaries

Norwegian Air Shuttle currently has five subsidiaries which, like the parent company, all operate flights under the Norwegian brand identity .

flag Airline founding Fleet size Range of tasks
NorwayNorway Norway Norwegian Long Haul 2012 021st pure 787 fleet for long-haul flights
Norwegian Air Norway 2013 000
IrelandIreland Ireland Norwegian Air International 2014 028 Intra -European flights and transatlantic services using the Open Skies Agreement
SwedenSweden Sweden Norwegian Air Sweden 2018 053 European flights
United KingdomUnited Kingdom United Kingdom Norwegian Air UK 2015 013 Transatlantic services to and from London Gatwick
Fleet size subsidiaries 114

Former aircraft types

McDonnell Douglas MD-82 of Norwegian in 2009

In the past, Norwegian Air Shuttle used the following types of aircraft, among others:

Norwegian Reward

Norwegian Reward is Norwegian Air Shuttle's frequent flyer program . The program was started in 2007 and has over 10 million members (as of 2019). When members book trips with Norwegian or use services from Norwegian Rewards partners, CashPoints (bonus points) are earned. Mathematically, one CashPoint corresponds to one Norwegian krone . Points can be used to pay for tickets, seat reservations or luggage.
To the power program is Bank Norwegian bound. With their credit card, Norwegian card customers receive CashPoints when they make purchases - as well as when purchasing groceries, insurance and mobile phone shops. In 2017, 2018, 2019 and 2020 Norwegian Reward won the Freddie Award for “Best Loyalty Program (Airlines in Europe / Africa)”.

Passenger numbers 2003–2019

2003 (December only) 2004 2005 2006 2007 2008 2009 2010 2011
74 960 485 576 1 389 301 2 403 770 3,246,570 1 615 205 10 754 104 13 029 155 15 698 183
2012 2013 2014 2015 2016 2017 2018 2019
17 685 074 20 711 630 23 976 731 25 753 014 29 301 397 33 149 555 37 344 134 36 279 912

Awards

Skytrax World Airline Awards
Best Low-Cost Airline in Northern Europe 2013 2014 2015 2016 2017 2018
World's Best Long Haul Low Cost Airlines 2015 2016 2017 2018 2019
World Travel Awards
Europe's leading low-cost airline 2015 2016 2017 2018 2019
Passenger Choice Awards
Best low-cost carrier in Europe 2014 2015 2018
Freddie Awards (Europe & Africa)
2016 2017 2018 2019 2020
Program of the Year • • • •
Best Promotion • •
Best customer service •
210 award •
Best Affinity Credit Card • • •

Number of aircraft 2002–2020

(Owned and leased)

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

(End of 2nd quarter)

737-300 6th 8th 11 13 22nd 24 28 28 27 16 10 10 5
M 80 8th 5
737-800 7th 18th 30th 46 58 72 83 91 104 117 114 101 85
787-8 / 9 3 7th 8th 12 21st 32 37 37
737 MAX 8 6th 18th 18th 18th
total 6th 8th 11 13 22nd 32 40 46 57 62 68 85 95 99 116 144 164 156 140

See also

Web links

Commons : Norwegian Air Shuttle  - collection of images, videos and audio files

Individual evidence

  1. ↑ Corporate Structure
  2. ↑ Management
  3. ^ Board of Directors
  4. ↑ a b c norwegian.com - Annual reports. (pdf) Retrieved June 14, 2020 (English).
  5. ↑ flynordic.com - Finnair and Norwegian eniga om FlyNordic, July 2, 2015 ( Memento of September 27, 2007 in the Internet Archive )
  6. ↑ Sterling Airlines has Entered into a joint agreement with Norwegian Air Shuttle. In: Skyscanner.net. July 18, 2008, accessed May 7, 2020 .
  7. ↑ aero.de - Norwegian Air Shuttle takes over 787 orders from Icelandair, accessed on May 8, 2013
  8. ↑ norwegian.com - Norwegians ruter fra Rygge opphører ( Memento from April 20, 2012 in the Internet Archive ) (Norwegian), accessed on August 23, 2011
  9. ^ Norwegian Airline Prospectus. Norwegian.com, February 21, 2019, accessed April 30, 2020 .
  10. ^ Boeing - Boeing and Norwegian Announce Order for 100 737 MAX; 22 Next-Generation 737s, January 24, 2012 , accessed July 1, 2017
  11. ↑ ch-aviation - Norwegian adds maiden B737 MAX 8s, June 30, 2017 (English), accessed on July 1, 2017
  12. ↑ airliners.de - From all over the world, August 3, 2012
  13. ↑ Center for Aviation - Norwegian opens new bases of operations at London Gatwick and Alicante , accessed on October 26, 2012
  14. ↑ Norwegian Air Argentina starts at three locations , Aero.de, notification dated August 21, 2017
  15. ^ Tagesschau.de: canceled Ryanair flights: roster turbulence. Retrieved September 18, 2017 .
  16. ↑ Ernst August Ginten: Ryanair and Norwegian: accusations of unworthy working conditions . In: THE WORLD . May 13, 2016 ( welt.de [accessed September 18, 2017]).
  17. ↑ Norwegian flies from London to New York on the A380. Flugrevue, November 22, 2018.
  18. ^ Norwegian to set up Swedish subsidiary. ch-aviation , July 24, 2018.
  19. ^ Norwegian Air Sweden adds first aircraft, secures AOC. ch-aviation, November 22, 2018.
  20. ↑ EASA suspends all Boeing 737 Max operations in Europe. EASA, March 12, 2019, accessed April 23, 2020 .
  21. ^ Norwegian sells Argentinian unit to JetSmart. In: flightglobal.com. December 4, 2019, accessed December 23, 2019 .
  22. ^ Norwegian Air sells Argentinian subsidiary to JetSMART. In: reuters.com. December 4, 2019, accessed December 23, 2019 .
  23. ↑ Presentation to bondholders. In: Norwegian.com. April 27, 2020, accessed on July 27, 2020 .
  24. ↑ Eurocontrol Daily Traffic Variation. Retrieved August 8, 2020 (English, select Norwegian Air Shuttle, Ryanair is the default).
  25. ↑ Norwegian Air: Our Destinations (as of July 26, 2020) ( Memento from July 26, 2020)
  26. ↑ Ulrike Hauswald: Norwegian is running out of money - now the airline is haggling with debts. In: manager-magazin.de. September 6, 2019, accessed September 6, 2019 .
  27. ↑ Stefan Eiselin: Norwegian closes six bases. In: aerotelegraph.com. January 16, 2019, accessed January 18, 2019 .
  28. ↑ Norwegian revises decision: Gran Canaria & Tenerife bases will be retained. infos-grancanaria.com, September 28, 2019, accessed April 30, 2020 .
  29. ↑ Norwegian Air Shuttle sells its shareholding in Norwegian Finans Holding for NOK 2,218 million. In: banknorwegian.se. Retrieved May 6, 2020 .
  30. ↑ Helmut Steuer: Norwegian asks bondholders for a respite. In: handelsblatt.com. September 2, 2019, accessed September 2, 2019 .
  31. ↑ Low-cost airlines: Chinese join troubled Norwegian Air. Retrieved October 27, 2019 .
  32. ↑ Norway issues a rescue package for Norwegian. Retrieved April 9, 2020 .
  33. ↑ Norwegian Air secures the first cash infusion from the state rescue package. Retrieved April 9, 2020 .
  34. ^ Norwegian Air shuttle tries a desperate final gamble. April 10, 2020, accessed on April 12, 2020 .
  35. ↑ David Nikel: Norwegian Air In Crisis, Creditors Must Agree To $ 4.3 Billion Restructuring Package. In: Forbes. April 9, 2020, accessed April 13, 2020 .
  36. ^ Werner Enz: Spectacular fall of the shares of Norwegian Air. In: Neue Zürcher Zeitung. April 14, 2020, accessed April 14, 2020 .
  37. ↑ Norwegian stocks collapse - worries about rescue plan. Reuters, April 14, 2020, accessed April 14, 2020 .
  38. ^ Mikael Holter: Norwegian Air Plunges 63% on Plan to Convert Debt to Equity. Bloomberg, April 14, 2020, accessed April 14, 2020 .
  39. ↑ Four subsidiaries of the Norwegian airline file for bankruptcy. April 20, 2020, accessed April 20, 2020 .
  40. ↑ Stefan Eiselin: Norwegian is saved. In: aerotelegraph.com. May 4, 2020, accessed May 4, 2020 .
  41. ↑ norwegian.com - Destinations accessed June 28, 2017
  42. ^ A b c Norwegian Air Shuttle Fleet Details and History. In: planespotters.net. August 15, 2020, accessed on August 22, 2020 .
  43. ↑ norwegian.com - Fleet accessed on June 28, 2017.
  44. ↑ a b Norwegian Air postpones delivery dates for A320neo and A321LR. Retrieved April 21, 2020 .
  45. ↑ Airbus - Norwegian selects 30 A321LR for first transatlantic routes, July 14, 2016 (English), accessed on February 17, 2017.
  46. ↑ Norwegian cancels Entire Boeing order backlog. ch-aviation, July 1, 2020.
  47. ^ Norwegian Fleet Details and History. In: planespotters.net. Retrieved April 27, 2020 (English).
  48. ↑ Collect points with Norwegian Rewards - Earn and Burn + New Features August 5th, 2017
  49. ↑ Norwegian Reward Named Program of the Year Europe & Africa at 2018 Freddie Awards
  50. ↑ a b Freddie Awards. Retrieved April 19, 2020 (English).
  51. ↑ Awards & Recognitions. Norwegian.com, accessed April 23, 2020 .
  52. ^ Norwegian is named 'World's Best Low-Cost Long-Haul Airline' for the fifth consecutive year. Retrieved April 21, 2020 (English).
  53. ↑ Europe's Leading Low-Cost Airline 2019. Accessed on April 21, 2020 (English).
  54. ↑ Passenger Choice Awards. Retrieved April 21, 2020 (English).
  55. ↑ First half 2020 Presentation. (PDF) In: Norwegian.com. August 28, 2020, accessed on August 28, 2020 .
Norwegian Group airlines

Norwegian Air Shuttle

Subsidiaries:
Norwegian Air International • Norwegian Air Norway • Norwegian Air Sweden • Norwegian Air UK • Norwegian Long Haul

Former subsidiaries:
Norwegian Air Argentina *

* at Jets Mart sold
Flag of Norway.svg Airlines from Norway


Current

Air Leap • Bergen Air Transport • Air Transport • Norwegian Air Shuttle • SAS Scandinavian Airlines • Widerøe's Flyveselskap

Former

Air Europe Scandinavia • Air Executive Norway • Air Norway • Bergen Air Transport (1967) • Braathens • Busy Bee • Coast Air • Color Air • Fjellfly • Fly Viking • Fred. Olsen's Flyselskap • Kato Air • Mey-Air • Nor-Fly • Norrönafly • Norsk Air • Det Norske Luftfartselskap • Norving • Norway Airlines • Partnair • Polaris Air Transport • Premiair • Riis Flyrederi • SAS Norge • Scanair • Trans Polar • Vestlandske Luftfartsselskap • Vildanden • Vingtor Luftveier