NORWEGIAN says capacity growth for 2025 will slow down, vs forecasted 13% for 2024, due to aircraft delivery delays from Boeing, which are expected to worsen. It plans to have 90 aircraft for summer 2025 vs current 86 (22 737 MAXs).
BOEING launched concurrent offerings of 90m shares of common stock (par value $5 per share) and $5b depositary shares (1/20th interest per share; par value $1 per share); offering includes options for 13.5m shares/$750m depositary shares, increasing total raise to $19b. Goldman Sachs, BofA, Citigroup and J.P. Morgan are lead bookrunning managers.