Norwegian - On Air Norwegian Air Shuttle

In this episode of Norwegian - On Air, we have spoken to two experienced equity analysts, Preben Rasch-Olsen, Carnegie and Kenneth Sivertsen, Pareto - both following Norwegian closely.

We would like to highlight that the analysts’ views are not the company's.

Welcome to an extra edition of Norwegian – On Air. We've spoken about fuel, slots and how we set our prices, but this time we'll be talking about what it's like to work for Norwegian based on the feedback we received from our 3500 colleagues in the Nordics.

Welcome to an extra edition of Norwegian – On Air. We've spoken about fuel, slots and how we set our prices, but this time we'll be talking about what it's like to work for Norwegian based on the feedback we received from our colleagues in the Nordics.

The airport slots Norwegian holds has a big impact on our passengers and for the company. Airport slots have been sought-after since the 1960s, when airports began to fill up. How is the system for allocating slots at constrained airports? According to the trade body, International Air Transport Association’s (IATA) “slot allocation guidelines”, the slots from last season can be kept as long as it has been used at least 80% of the designated time. How is this practiced and how can delays impact whether an airline can hold on to their slots or not? What is really the value of a slot at a constrained airport like Paris, LGW or JFK?

And most importantly: How does Norwegian work to shape future policy for slots allocation to make sure competition stays fair?

In the latest episode Head of Strategic Capacity and Slot Policy, Sebastian Pellisier, provides the answers to these questions and many more.

What does Norwegian’s CFO, Geir Karlsen, have to say about the performance, financial position and the outlook for the company?
In this episode, Geir takes a longer view than the quarterly updates, talks about financing of the aircraft order and how the fleet represents significant assets and gives the flexibility needed to realize the company’s global growth strategy. Specifically, he talks about the importance of a continuous fleet renewal to always operate modern and fuel-efficient aircraft. He also shares his reflections on the option to divest up to 140 aircraft, either by leasing or selling to other companies. Lastly, he explains that the growth now will start to abate and what is needed to turn growth into a sustainable profitability.

Link to the video we mention in the episode: https://www.youtube.com/watch?v=jdNDYBt9e_U&app=desktop

What is the total value generated by foreign tourists travelling with Norwegian to Scandinvia?

A new report finds that in 2017, foreign passengers arriving on a Norwegian flight to visit Norway, Sweden and Denmark contributed to create the basis for 40,000 jobs in the tourism industry. In Scandinavia alone, this has resulted in 2.6 billion euro in additional spending, boosting the local economies and creating new jobs.

In this latest episode of Norwegian – On Air: Sveinung Fjose, partner in Menon Economics and one of the authors of the report shares more about the ripple effects from our operation and how creating value not only is important in generating new jobs, but also creates value for the society as a whole