Norwegian Air Sweden Boeing 787-9 Dreamliner aircraft as seen on final approach landing on … [+] Polderbaan runway and taxiing at Amsterdam Schiphol International Airport AMS EHAM in The Netherlands during a rainy day in haze. The wide body commercial airplane has the registration SE-RXM, 2x RR Rolls Royce jet engines and the name Asger Jorn. Norwegian Air Sweden AB is a Swedish low-cost airline and a fully integrated subsidiary of Norwegian Air Shuttle, using its corporate identity. February 28, 2020 (Photo by Nicolas Economou/NurPhoto via Getty Images) NurPhoto via Getty Images
Norwegian Airlines just announced that it will end the low-cost, long-distance international flights that made it famous. Norwegian will instead focus on its European network. As recently as 2019, Norwegian was the largest foreign airline in New York, carrying over 2 million passengers internationally.
As part of what the company calls a simplified business structure, Norwegian will focus on operating a European short haul network with narrow body aircraft. (Norwegian intercontinental flights like the 787 Dreamliner I flew from LAX to Madrid in 2019 are apparently a thing of the past.) Instead, Norwegian promises to offer competitive fares across a broad range of domestic routes in Norway, the Nordic countries and to key European destinations.
The retrenchment is apparently a matter of survival to Norwegian, which hopes to reduce its debt significantly and raise new capital via various strategies.
KRAKOW, POLAND – 2019/06/13: Norwegian Air Boeing 737 Max 8 Aircraft seen at the Krakow John Paul II … [+] International Airport. (Photo by Omar Marques/SOPA Images/LightRocket via Getty Images) LightRocket via Getty Images Want to know more on click here go to tour news source.