Norwegian Air has agreed with Airbus and Boeing to reschedule delivery of aircra...
OSLO - Norwegian Air has agreed with Airbus and Boeing to reschedule delivery of aircraft to cut capital spending, the loss-making budget carrier said on Wednesday.
The Oslo-listed airline has shaken up the long-haul market by offering cut-price transatlantic fares, but its rapid expansion has left it with hefty losses and high debts. Norwegian said it would provide updated total capex guidance on Thursday, when it reports first-quarter results. In a separate statement, it also said that the subsidiary had agreed in principle with Airbus to restructure delivery schedule of both A320neos and A321LRs.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
As air bag probe expands to include 12.3M vehicles, is your car one of them?Air bags that may not inflate can be found in vehicles made by Toyota, Honda, Kia, Hyundai, Mitsubishi, and Fiat Chrysler from 2010-2019.
Read more »
U.S. expands investigation into air bag failures to 12.3 million vehiclesVehicles made by Toyota, Honda, Kia, Hyundai, Mitsubishi and Fiat Chrysler from the 2010 through 2019 model years are included in the probe, which was revealed Tuesday in documents posted by the National Highway Traffic Safety Administration.
Read more »
The number of Americans breathing polluted air is rising, report saysMore Americans are breathing air that will make them sick, according to the American Lung Association's annual State of the Air report. The country has been backsliding on air pollution cleanup during the Trump administration, the report says.
Read more »
Skydiver reunited with prosthetic leg he lost while 10,000 feet in the airA worker at a California lumber yard made an unusual discovery: a prosthetic leg wearing a blue Nike shoe. It turns out that the limb was lost while its owner was 10,000 feet in the air skydiving over the area.
Read more »
NHL to purchase carbon offsets to counter playoff air travelThe National Hockey League said on Monday it would purchase carbon credits to of...
Read more »
Drone company Wing gets ‘air carrier’ approval from FAA, allowing deliveries that will launch in VirginiaA delivery venture that is part of Alphabet will launch a commercial service in Blacksburg, Va., within months and plans to go nationwide later.
Read more »
Delta Air Lines is reducing how much seats will recline on some planesDelta Air Lines has begun reducing the amount that passenger seats recline on 62 of its planes as a test. The Atlanta carrier says cutting the recline keeps passengers from invading the space of fellow travelers.
Read more »
Boeing 737 Max: FAA's outsourcing of air safety raises conflict-of-interest questionsCongress and outside groups are calling attention to a system that puts private workers into FAA inspection roles -- while they stay on a company payroll.
Read more »
Clearing the air on the origins of 420, the unofficial national marijuana holidaySome people have different opinions and theories about how the numeric name came to pass, but there appears to be general consensus behind one legend.
Read more »