The carrier’s liquidity position improved through Q1 to $949 million, which includes the cash settlement for the Wideroe acquisition completed in January.
The effect operating smaller aircraft has on emissions per ASK is shown in Widerøe’s results, highlighting the importance of also considering total emissions.
The airline plans to keep capacity at reduced levels for the rest of the winter season to match seasonally lower demand, ramping up from March into the summer.
Scandinavian LCC Norwegian and regional airline Widerøe, officially combined since Jan. 12, are beginning to roll out the first stages of their new cooperation.
Norwegian says it strongly disagrees with the competition authority's assessment and says the majority of documentation it provided has not been considered.
The Norwegian Competition Authority is concerned Norwegian Air Shuttle’s planned acquisition of regional carrier Wideroe could harm Norway’s air travel market.
LCC Norwegian has won a $97 million four-year contract to provide around 250,000 flights annually for the defense sector in Norway and the Nordic region.
