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Economy
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Norwegian Group delivers significantly improved first quarter results
The Norwegian Group today reported its first quarter results for 2026, delivering a strong performance in the seasonally weakest quarter…
SAS financial consequences of the pilot strike and the critical need to secure DIP Financing
The strikes undertaken by the SAS Scandinavia pilots’ unions, which began on July 4, 2022, already have severely impacted the…
SAS FORWARD: a new plan as first quarter results are released
For many years SAS has been burdened by an uncompetitive cost structure, that prevents the company from reaching its full…
Ryanair Reports Q1 Loss Of €273M As Easter Travel Cancelled. Vaccine Rollouts & EU Digital Covid Certs Drive Strong Booking Recovery Into Peak Summer 2021
Ryanair Holdings plc reported a Q1 loss of €273m, compared to a PY Q1 loss of €185m. Features of this…
Lufthansa issues bond in the amount of 1.6 billion euros
Deutsche Lufthansa AG has again successfully issued a bond with a total volume of 1.6 billion euros. The bond with…
Norwegian appreciates support from the Norwegian Government
Norwegian is pleased to announce that the government of Norway has decided to support and contribute to the airline’s funding…
Lufthansa Group reports Adjusted EBIT of minus EUR 1.3 billion in the third quarter
The global corona pandemic continued to have a considerable impact on the Lufthansa Group’s earnings development in the third quarter.…
Ryanair Reports Q1 Loss Of €185m As Traffic Falls By 99%
Ryanair Holdings plc today (27 July) reported a Q1 loss of €185m, compared to a PY Q1 net profit of…
Lufthansa Group publishes preliminary results for the first quar-ter and provides outlook on liquidity development
The travel restrictions implemented as a consequence of the global spread of the coronavirus had a significant impact on the…
Corona crisis: Norwegian positive to the government’s tax cut – further measures with immediate liquidity effect are crucial
The global spread of coronavirus has had an enormous impact on the global aviation industry. At the beginning of the…
Norwegian doubles 2019 underlying operating result before ownership costs and achieves cost-reduction target
Norwegian has reported its full year and fourth quarter 2019 results. Year on year, unit revenue increased in nine consecutive…
Norwegian reports its best ever quarterly result with a profit before tax of NOK 2.2 billion
Norwegian’s third quarter results are characterised by improved profitability, higher unit revenue, lower unit cost and reduced growth, in line…
Norwegian Air Shuttle offers bondholders security in exchange for amended bond maturities
Norwegian Air Shuttle (“NAS» or the “Company») is executing on its strategic plan from growth to profitability and cash generation.…
Lufthansa Group achieves an Adjusted EBIT of EUR 754 million in the second quarter
The Lufthansa Group enjoyed a continuing strong performance in its long-haul business in the first half of 2019, particularly on…
Norwegian’s financial turnaround moves in the right direction: Increased revenue and reduced cost
Norwegian’s second quarter results are characterized by reduced growth and improved profitability, in line with the company’s strategy. Despite the…
Norwegian Air Shuttle ASA – Sale of two A320neo aircraft
Arctic Aviation Assets, a subsidiary of Norwegian Air Shuttle ASA («the Company»), has signed an agreement for sale of two…
Norwegian secures three billion NOK through fully underwritten rights issue
Norwegian is strengthening its balance sheet through a fully underwritten rights issue of three billion Norwegian kroner (NOK, approximately $353.2…
Emirates første flyselskap med VR teknologi på nettsiden – Teknologien gir kundene en 360 graders 3D opplevelse av Emirates kabiner
Emirates har lagt ut setemodeller i 3D på Emirates.com, og blir det første flyselskapet som tilbyr virtuell virkelighetsteknologi (VR) på…
Charterfly kan nu tilbyde tre klasser
Nu bliver det muligt at opgradere komforten på flyrejsen med Nordens største charterflyselskab. Thomas Cook Airlines, der er Spies’ eget…
