Norwegian

Norwegian to cancel 85 percent of its flights and temporarily layoff approximately 7,300 colleagues

Press releases • Mar 16, 2020 13:42 UTC

The COVID-19 situation is escalating by the hour and due to stagnating demand and enforced travel restrictions by authorities worldwide, Norwegian will gradually cancel most of its flights and temporarily lay off a major share of its workforce.

“What our industry is now facing is unprecedented and critical as we are approaching a scenario where most of our airplanes will be temporarily grounded. Several governments in Europe have already said that they will do everything they can to ensure that their airlines can continue to fly when society returns to normalcy. We appreciate that the authorities of Norway have communicated that they will implement all necessary measures to protect aviation in Norway, consequently securing crucial infrastructure and jobs,” said CEO Jacob Schram of Norwegian.

Norwegian has already discontinued a significant number of its flights and the main priority this week is to maintain as many scheduled flights as possible to ensure that customers are able to immediately return to their home destinations. The company will also work closely with the authorities to arrange flights for the benefit of stranded passengers, if necessary. Customers who are directly affected by route changes and cancellations will be contacted by Norwegian via text message or e-mail.

“We understand that this extraordinary situation is stressful for our customers, but I want to assure everyone that we are working around the clock to ensure that everyone is taken care of in the best way possible at this time,” said Schram.

As a result of most of the company’s planes being parked, Norwegian unfortunately has to temporarily lay off more than 7,300 colleagues in total which equates to approximately 90 per cent of its workforce, which includes pilots, cabin crew, maintenance and administrative staff. The layoff procedures vary from country to country and Norwegian’s team is already in constructive dialogues with union and HSE representatives at all its locations across the network.

“It is indeed with a heavy heart we have to temporarily lay off more than 7,300 of our colleagues, but we unfortunately have no choice. However, I want to emphasize that this is temporary, because when the world returns to normalcy my goal is to keep as many of our dedicated colleagues as possible,” said Schram.

Norwegian’s route network changes

-Thousands of flights have already been cancelled.

-As of March 21, the company will primarily fly a reduced scheduled domestically in Norway and between the Nordic capitals. Some European flights will be operated. All intercontinental are cancelled except flights between Scandinavia and Thailand (last flights at end of March).

-All flights that will be operating will be available for sale on Norwegian.com.

-Limited schedule will remain in place until at least April 17 but will be reviewed on a regular basis in line with changes in travel restrictions and demand.

Norwegian will continue to share updates with its customers, the financial market and the media once new measures are implemented.

Detailed reduced schedule – starting March 25

Norway:

Oslo -Bergen/Stavanger/Trondheim: 4 daily departures

Oslo - Ålesund/Bodø/Evenes/Tromsø: 2 daily departures

Oslo -Alta/Kirkenes: 1 daily departure

OSL - Haugesund/Kristiansand/Molde: 1 daily departure

Oslo - Svalbard: 3 weekly depatures

Oslo -Stockholm/Copenhagen: 2 daily departures

Oslo - Helsinki: 4 weekly departures

Stavanger – Bergen: 1 daily departure

Bergen – Trondheim: 1 daily departure

Sweden:

Stockholm - Kiruna: 4 weekly departures

Stockholm - Luleå/Umeå: 2 weekly departures

Stockholm - Helsinki: 2 daily departures

Stockholm – Copenhagen: 2 daily departures

Stockholm – Oslo: 2 daily departures

Finland:

Helsinki - Kittilä: 6 weekly departures

Helsinki - Oulu: 1 daily departure

Helsinki - Rovaniemi: 1 daily departure

Helsinki - Oslo: 4 weekly departures

Denmark:

Copenhagen - Oslo: 2 daily departures

Norwegian is a listed company on the Oslo Stock Exchange and is one of the largest low-cost airlines in the world, operating 500 routes to 150 destinations in Europe, North Africa, Middle East, Thailand, the U.S and South America. In 2019, Norwegian carried more than 36 million passengers. Norwegian has almost 11,000 employees and a modern, more environmentally friendly fleet of around 160 aircraft. Norwegian has been voted ‘Europe’s best low-cost carrier’ by passengers for six consecutive years from 2013-2018, along with being awarded the ‘World's best low-cost long-haul airline’ for five consecutive years from 2015-2019 at SkyTrax World Airline Awards. The company has twice been named the most fuel-efficient airline on transatlantic routes by the International Council on Clean Transportation (ICCT).

For more information, visit www.norwegian.com

Norwegian to cancel approximately 3000 flights and implement temporary layoffs due to the effects of COVID-19

Press releases • Mar 10, 2020 12:37 UTC

Due to the COVID-19 situation, Norwegian is preparing to cancel approximately 3000 flights between mid-March and mid-June. This represents approximately 15 percent of the total capacity for this period. The company has also put several other measures in place, including temporary layoffs of a significant share of its workforce.

Norwegian reports higher unit revenue and improved punctuality in February

Press releases • Mar 05, 2020 07:00 UTC

Norwegian’s traffic figures for February show that the company continues to deliver on its strategy of moving from growth to profitability, with significant improvements in unit revenue and a better punctuality. Due to the COVID-19 virus Norwegian currently experiences reduced demand on some routes and have decided to cancel 22 flights between Europe and the U.S.

Norwegian doubles 2019 underlying operating result before ownership costs and achieves cost-reduction target

Press releases • Feb 13, 2020 06:34 UTC

Norwegian today reported its full year and fourth quarter 2019 results. Year on year, unit revenue increased in nine consecutive months, driven by maturing routes and the optimization of Norwegian's global route network. The punctuality has improved considerably during the past six quarters, and in the fourth quarter 2019 it was up 3.1 percentage points to 82.6 percent.

Norwegian reports higher unit revenue, record high punctuality and higher load factor

Press releases • Feb 06, 2020 08:00 UTC

Norwegian’s traffic figures for January show that the company continues to deliver on its strategy of moving from growth to profitability with significant improvement in unit revenue, load factor and record high punctuality.

Norwegian implements new hand baggage policy

Press releases • Jan 23, 2020 09:05 UTC

To ensure that everyone travelling with Norwegian has a smooth, comfortable flight that departs on time, the company is today implementing a new hand baggage policy. Bookings made before January 23rd will not be affected by the new policy.

Norwegian reports higher unit revenue, better on-time performance and lower CO2-emissions in 2019 – unit revenue increase by 21 percent in December

Press releases • Jan 07, 2020 07:00 UTC

Norwegian’s traffic figures for 2019 show that the company is delivering on its strategy of moving from growth to profitability. The planned capacity reduction and optimisation of the route network have had a positive impact on the figures. In 2019, the capacity, in terms of seat kilometre, was 1 percent higher than the previous year; a little over the previously announced zero growth.

Norwegian upcycles uniforms into a series of new, sustainable products

Press releases • Dec 16, 2019 16:08 UTC

Norwegian’s latest project with UNICEF helps children in need, provides work for immigrant women and reduces the company’s environmental impact. By upcycling the company’s uniforms, thousands of items can be saved from the bin – a crucial move in the fight against textile waste.

Norwegian’s unit revenue increased by 18 percent in November

Press releases • Dec 05, 2019 07:00 UTC

Norwegian’s traffic figures for November shows an increased unit revenue for the eighth consecutive month and was up 18 percent compared to the same month previous year. At the same time, the capacity was reduced, which is in line with the company’s strategy. The load factor was 83 percent, up by 4.2 percentage points.

Norwegian sells Argentinian subsidiary to JetSMART Airlines

Press releases • Dec 04, 2019 15:34 UTC

Norwegian Air Shuttle has signed an agreement for the sale of 100 per cent of its Argentinian subsidiary Norwegian Air Argentina (NAA) to JetSMART Airlines. “We’re taking necessary steps to return to profitability,” said acting CEO Geir Karlsen.