AIRPORT FIUMICINO, ROME, ITALY – 2018/09/02: Norwegian Boeing 787-9 Dreamliner landing at Rome … [+] Fiumicino airport. (Photo by Fabrizio Gandolfo/SOPA Images/LightRocket via Getty Images) LightRocket via Getty Images
This week Norwegian Airlines announced the end of its famed low-cost, long-haul flights that took budget passengers all over the world. Indeed, the airline in 2019 was the largest foreign carrier in New York, carrying more than two million passengers to Europe and other destinations.
Hoping to survive COVID-19 and a sea of red ink, Norwegian will now concentrate on its Nordic and European network. The failure of Norwegian’s long-haul service has resulted in contraction and job losses for the airline. Soon, it will also result in the departure of its long-range aircraft. Anyone want to buy 37 used Boeing 787 Dreamliners?
Norwegian’s current plan is to serve Europe with 50 narrow-body aircraft in 2021. While the narrow-bodies are easier to fill and cheaper to fill, this will also put Norwegian into head-to-head completion with Ryanair and other discount airiness. If all goes well Norwegian plans to increase the fleet to around 70 narrow-body aircraft in 2022.
The back-to-basics approach may or may not work for the struggling airline, which has ben repeatedly bailed out by stockholders and the Norwegian government. But it’s definitely bad news for Boeing. Even the 70-aircraft figure represents just half of Norwegian’s current all-Boeing fleet of 140 aircraft. And a source close to the struggling airline confirmed there is no future at Norwegian for the widebody Boeing 787.
Ray Conner, former chief executive officer of Boeing Co.’s commercial aircraft unit, left, and … [+] Bjoern Kjos, formerchief executive officer of Norwegian Air Shuttle AS, pose for photographs following the signing of a strategic support agreement at a media briefing on the opening day of the Farnborough International Airshow 2016 in Farnborough, U.K., on Monday, July 11, 2016. Photographer: Luke MacGregor/Bloomberg © 2016 Bloomberg Finance LP Want to know more on click here go to tour news source.