British Airways loses New York crown to low-cost rival Norwegian
Norwegian Air Shuttle has overtaken British Airways as the biggest non-US airline on transatlantic routes to and from the New York area, in the latest illustration of the carrier's move into British Airways territory. Norwegian carried 1.67m passengers to or from airports in the New York area in the 12 months to the end of July, compared with the 1.63m carried by British Airways, data from the Port Authority showed. Norwegian has been rapidly expanding in the transatlantic market over the last 5 years, prompting IAG to try to buy it earlier this year. However, the pace of Norwegian's growth - figures from July 2017 show it only carried 750,000 passengers into and out of the New York region - has weighed on its finances and it faces mounting pressure to control costs and shore up its balance sheet. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-10-09/oneworld/british-airways-loses-new-york-crown-to-low-cost-rival-norwegian
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British Airways loses New York crown to low-cost rival Norwegian
Norwegian Air Shuttle has overtaken British Airways as the biggest non-US airline on transatlantic routes to and from the New York area, in the latest illustration of the carrier's move into British Airways territory. Norwegian carried 1.67m passengers to or from airports in the New York area in the 12 months to the end of July, compared with the 1.63m carried by British Airways, data from the Port Authority showed. Norwegian has been rapidly expanding in the transatlantic market over the last 5 years, prompting IAG to try to buy it earlier this year. However, the pace of Norwegian's growth - figures from July 2017 show it only carried 750,000 passengers into and out of the New York region - has weighed on its finances and it faces mounting pressure to control costs and shore up its balance sheet. <br/>