Norwegian to add new nonstop US-Europe services
Norwegian Air Shuttle will add seasonal nonstop routes from Chicago to Paris and Rome, and from Denver to Rome next summer. “The US is now our largest and most important source market, and we will continue to invest in expanding our network to offer more nonstop service to highly sought-after European destinations,” Norwegian SVP-commercial Matthew Wood said. The operator—which has faced financial difficulties linked to its ambitious fleet and network expansion plans over recent years—has pledged to focus on profitability rather than growth and has been cutting back on some long-haul routes as part of that strategy shift. The airline said Nov 6 it had raised NOK2.5b (US$273m) through a share sale and bond issue, leaving it “fully funded through 2020 and beyond.” <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-11-13/unaligned/norwegian-to-add-new-nonstop-us-europe-services
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Norwegian to add new nonstop US-Europe services
Norwegian Air Shuttle will add seasonal nonstop routes from Chicago to Paris and Rome, and from Denver to Rome next summer. “The US is now our largest and most important source market, and we will continue to invest in expanding our network to offer more nonstop service to highly sought-after European destinations,” Norwegian SVP-commercial Matthew Wood said. The operator—which has faced financial difficulties linked to its ambitious fleet and network expansion plans over recent years—has pledged to focus on profitability rather than growth and has been cutting back on some long-haul routes as part of that strategy shift. The airline said Nov 6 it had raised NOK2.5b (US$273m) through a share sale and bond issue, leaving it “fully funded through 2020 and beyond.” <br/>
