Scandinavian budget carrier Norwegian Air Shuttle has just announced an order that will see them buying a staggering 222 airliners from Airbus and Boeing in a deal worth approximately $22 Billion (or 127bn Norwegian krone).
The planes will start to be delivered in 2016:
“Today is a historic day for Norwegian,” said the airline’s chief executive Bjorn Kjos. “We have secured our fleet renewal for years to come and are very pleased with the agreements with both Airbus and Boeing.”
Boeing said this is the largest ever European order for them:
“The total order is valued at $11.4 billion at list prices and represents the largest-ever Boeing order from a European airline,” the American company said.
Norwegian has secured options to buy more of both maker’s aircraft in the coming years as well.
Norwegian CEO Kjos said of the financing of the deal:
“The banks will be financing the deals against a state guarantee from the agencies,” Kjos told AP. Kjos said the deals will be financed by loans guaranteed by the Export-Import Bank of the United States and European export credit agencies.
Norwegian operates 261 routes to 100 destinations and has approximately 2,500 employees.
That’s a HUGE order! We had no idea Norwegian is that big…and even with their route network that’s pretty ambitious. That’s a massive amount of planes…and brand new ones at that!
Image: Flickr [spotterjohnson]
Sites That Link to this Post
- Norwegian, AviancaTaca, Conviasa - ANN Airline Deliveries | January 27, 2012
- Norwegian Air Shuttle to Lease 2 Boeing 787 Dreamliners | May 28, 2012
- Norwegian Air Completes Order for 100 Airbus A320 Neos | June 9, 2012
- Norwegian Air is Now Biggest Landing Gear Exchange Customer for Boeing | July 16, 2012