Articles tagged “norwegian air”

For the world’s weakest airlines, the current crisis brings a new lease on life. The pandemic's fallout has turned what were dead-end business models into models with a much greater chance of success.

Well, well, well, who was expecting that? Not only did Norwegian beat stock market expectations on profitability, it announced details for its long-awaited joint venture and teased plans about a bold new direction.

Lufthansa Group was terrified it would repeat past mistakes, so it built an airline to compete with Norwegian Air and other low-cost, long-haul carriers. Now that airline, called Eurowings, is kaput, and Lufthansa can chalk up another mistake.

Customers like low-cost airlines, but no carriers so far have perfected the model for long-haul flights. It’s not clear they ever will.