Sunday, February 18, 2018

Norwegian looks to expand longhaul despite losses

Despite recently announcing losses of over £27m in 2017, low-cost airline Norwegian continues to look to expand its longhaul offering, while at the same time cutting its short haul flights by 25%, making space at Gatwick airport for longhaul slots. The significant loss was blamed on the rising costs or fuel, aircraft leasing and customer care.

Norwegian announced it was reducing capacity from London Gatwick to Ibiza, Dubrovnik and Fuerteventura by as much as 50%, with other top holiday destinations also seeing a drop, despite Monarch's failure, indicating that fewer seats could mean higher flight prices with other airline as supply decreases.