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LOW-COST CARRIER NORWEGIAN AIR BUYS 50 BOEING 737 AIRCRAFT
AppleMagazine
|June 03, 2022
Budget carrier Norwegian Air Shuttle this week said it had reached an agreement with Boeing to buy 50 737 MAX 8 aircraft, saying the planes are due to be delivered between 2025 and 2028, at a schedule closely corresponding to current aircraft lease expirations.
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The company said it intends to finance the outstanding balance of pre-delivery payments through positive cash flow from operating activities, and that "a significant share of the aircraft" will be owned by Norwegian, "ensuring an optimized and balanced aircraft financing structure."
Board chairman Svein Harald Oygard called it "a landmark deal.
This story is from the June 03, 2022 edition of AppleMagazine.
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