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Norwegian Air to Ground a Majority of Their Fleet Until April 2021

Norwegian Air to Ground a Majority of Their Fleet Until April 2021

BY TEJAS BHATIA 19869d AGO 0 COMMENTS
Norwegian B789
Credit: TheExplorerBlog | Arkin Si

 

 

Europe's third largest low cost carrier, Norwegian Air, stated that it will keep most flights grounded till April 2021.   

 

According to The Guardian, Norwegian is continuing to persuade its shareholders to accept a rescue plan that is backed by the government that will wipe out most of their investments. 
 

According to The Points Guy, the airline is also asking its investors to provide a lifeline before the airline runs out of cash in mid-May.

 

 

Norwegian Air Shuttle B787-9
Credit: Nick Kort

 

 

As of today, about 95% of Norwegian's fleet is still grounded and the airline stated it doesn't expect to resume its long-haul international services until at least the summer of next year.

 

Also, despite the airline's plans to gradually restart its short haul and long haul flights next year, they believe that they will not be able to return to their normal operations until January of 2022. The airline says that it will plan to Focus on the most Top Tier Destinations such as New York-JFK, London Gatwick and Los Angeles.

 

The airline continues to seek a loan from the Norwegian government that is worth approximately 2.7 billion Norwegian Crows or 270 million U.S dollars.

 

Last week, the airline's Swedish and Danish subsidiaries filed for Bankruptcy. 

 

 

Norwegian  B789
A Norwegian 787 at LAX. Credit: Bella Nava

 

 

Norwegian is just one of the many carriers that are being heavily affected by the COVID-19 crisis. Although the extent of damage caused by the virus varies between airlines, the economic impact caused as a result of the pandemic will continue to make it difficult for all airlines to stay afloat.

 

Recently, Virgin Australia and Air Mauritius entered "Voluntary Administration." 

 

 

Credits: The Points Guy and The Guardian

 

 

Tejas Bhatia
Tejas is an aviation photographer based in the DFW Metroplex. He has been passionate about aviation and photography since he was young and has pursued these interests by planespotting professionally, founding his school’s photography club, and joining AeroXplorer, where he currently serves as the Chief Marketing Officer. He strives to improve his photography skills by utilizing different editing platforms and learning from other photographers. Other than aviation and photography, Tejas has a passion for learning about Politics, Public Policy, and International Affairs. He is currently the Vice President of his school’s Model United Nations Delegation. You can view Tejas’ aviation photos on AeroXplorer as well as on his Instagram - @dtxjets.

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