Articles tagged “norwegian”

Another big news day for Norwegian. Given the focus on profitability, exiting the difficult domestic market in Argentina is not really surprising, but the appointment of Marty St. George is certainly a curveball.

Interestingly, new Norwegian Air chief Jacob Schram has plenty of experience dealing with takeovers and mergers from his time in the retail trade. Might Norwegian want to tap this experience as part of future plans?

Delta's tactic of buying stakes in airlines across the globe is shaking up the world of airlines alliances, but the American carrier's gain is likely to come at the expense of others including IAG, the parent company of British Airways and Iberia.

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.

Each airline failure, of course, includes a number of problems related to the specific business. In Europe, at least at the moment, many of the smaller players that found they could once eke out a living on the edge of the market are no longer able to do so.

After 17 years, Bjorn Kjos is out as CEO. He is staying on as an advisor and still retains a minority stake, but does his departure make a sale more likely?

We're a long way into the current economic cycle and despite the potential for a slowdown, Norwegian Cruise Line Holdings CEO Frank Del Rio sees plenty of reasons to be cheerful.

It’s good news on the cost-cutting front, but Norwegian is still looking at a bumpy 2019, thanks in part to the continuing uncertainty over the Max aircraft.

Is this the end of the story? We're willing to bet that this one still has more twists and turns to come.

From the sounds of it, Norwegian's next earnings update won't be pretty but it will be hoping that it has done enough cost-cutting to put it on a sounder footing in 2019.