Norwegian airlines - a new company and big plans. Every year more and more people use the services of this particular company. It's fair to say that Norwegian is ranked among the world's most trusted and respected airlines. The brand generates more and more profits from its activities. And as it turns out, he constantly invests in development. One of the last ideas. Norwegian and China Construction Bank Leasing International join forces and set up a company. The company will have a large part of the Norwegian airline's fleet in its hinterland. What else do we know about the changes within this company?
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Norwegian Airlines - a new company - goals and plans for the future
The purpose of joining the forces of two big tycoons? Financing, ownership and lease of new aircraft ordered by Norwegian. At the so-called start, the company will take care of 27 Airbus A320neo aircraft, which are to be delivered in 2020–2023. If everything works out, it could significantly raise Norwegian's reputation and capital. The new company enters this business with a 70% share. Norwegian, through its subsidiary Arctic Aviation Assets, will own the remaining 30%. It is also worth noting that China Construction Bank will also purchase and maintain aircraft that are currently being transferred to a jointly owned company. Norwegian's financial liabilities will thus decrease by 13,7 billion kronor - based on today's exchange rates.
Norwegian airlines and positive change forecasts ...
Norwegian Airlines - a new company. Norwegian's management board is very pleased with the changes and modifications that are taking place now.
“After several months of negotiations, I am glad that we can finally publish information about the agreement we have concluded with China Construction Bank A, which concerns the establishment of a company that will own 27 Airbus A320neo aircraft. The agreement will significantly contribute to reducing our current and future financial obligations. This is one of the many important measures taken by Norwegian to implement its strategy, where we move from the growth phase of the company to building its profitability. " - Geir Karlsen commented the CEO and CFO of Norwegian in an interview for Nettavisen.
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