Norwegian Inks Deal with Airbus To Delay Neo Deliveries | Aviation International News

Norwegian Inks Deal with Airbus To Delay Neo Deliveries

The delivery re-shuffle forms part of low-cost carrier Norwegian's ongoing financial restructuring.

By Cathy Buyck • Contributor - Europe

April 10, 2019

Norwegian Air Shuttle’s Irish leasing arm, Arctic Aviation Assets (AAA), has reached an agreement with Airbus for the rescheduling of part of the lessor’s order book, including both A320neos and A321LRs, the Oslo-based company said Wednesday without providing details on the number of aircraft concerned. The postponement of the deliveries comes as part of the low-cost carrier’s ongoing efforts to strengthen its financial footing and change its strategic focus from growth to profitability. The restructuring also includes plans to divest all or part of AAA through a joint venture.

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