Hungarian carrier Wizz Air launched several services between Norwegian cities last year, adding to the airline's long established international routes. SAS and Widerøe continue as Norwegian's main competition, but there are now even more options for Norwegian flyers. For not only is the airline different, so is the market. However, the airline is going to find it tough going in the months to come. Many residents of other countries such as the USA will not be able to use airline credit unless they first make their way to Europe. Of course, not everyone will be pleased with the new-look airline. Norwegian domestic routes will be an important market, as will intra-Scandinavian routes and routes between Scandinavia (especially Norway) and key European destinations. The new-look carrier will return to its roots as a regional airline. The number of aircraft has been slashed from 156 to 51 and many thousands of staff have been let go. ![]() However, the carrier is far from the same one that entered bankruptcy protection late last year. “We have saved an airline that is of huge value to Norway and which binds our long country together,” said Norwegian CEO Jacob Schram. That was more than enough needed to meet the minimum requirements set by the bankruptcy courts in both Ireland and Norway. Late last week, the airline announced it had raised 6 billion Norwegian kroner (approx $721 million) in fresh capital. ![]() The new-look airline with a much smaller fleet will focus on routes in Norway and around Europe. Here's what to expect from the new Norwegian.įollowing financial struggles compounded by the pandemic, Norwegian Air has emerged from a six month period of bankruptcy protection. ![]() Troubled low-cost carrier Norwegian Air has emerged from bankruptcy protection.
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