Norwegian has reached an agreement to buy 10 Boeing 737-800 aircraft that the airline says already form part of its leased fleet.
\nThe carrier\u2019s strategic move was announced to the Oslo Stock Exchange on March 3, 2025, in what was described as a \u201ckey step in securing the company\u2019s future fleet\u201d.
\nNorwegian said it expects the agreement to be finalized by the end of March 2025, and once completed will \u201cgenerate recurring cost savings net of financing costs of an average\u201d of around NOK 200 million ($17.8 million) per year.
\nAdditionally, on completion of the transaction, Norwegian expects to record a non-recurring gain of approximately NOK 570 million ($50.7 million).
\n\u201cThis gain reflects the pricing the company has been able to achieve for the aircraft and the corresponding reduction of existing lease liabilities,\u201d the airline said.
\nNorwegian hopes the move will enhance its financial flexibility in line with its long-term strategy and reduce overall ownership cost.
\n\u201cThe overall terms achieved are attractive for Norwegian, and the transaction fits well with our long-term fleet and ownership strategy. The aircraft being acquired are an integral part of Norwegian\u2019s existing fleet and will through this deal continue to operate across our attractive and growing route network. This move is expected to deliver both short and long-term cost savings, as well as provide additional flexibility for future fleet planning,\u201d said Norwegian CEO Geir Karlsen.
\nThe transaction will initially be covered by the airline\u2019s cash while it secures long-term financing through a combination of arrangements.
\nAccording to ch-aviation, Norwegian currently operates an active fleet of 31 Boeing 737-800s and 10 wet leased 737-800s.
\nThe airline also operates six Boeing 737 MAX 8s plus three more through wet lease arrangements. Norwegian is also awaiting delivery of 50 new 737-8s.<\/p>\n","protected":false},"excerpt":{"rendered":"
Norwegian has reached an agreement to buy 10 Boeing 737-800 aircraft that the airline says already form part of its leased fleet. The carrier\u2019s strategic move was announced to the Oslo Stock Exchange on March 3, 2025, in what was described as a \u201ckey step in securing the company\u2019s future fleet\u201d. Norwegian said it expects …<\/p>\n","protected":false},"author":1,"featured_media":20633,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpscppro_dont_share_socialmedia":null,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"default","_twitter_share_type":"default","_linkedin_share_type":"default","_pinterest_share_type":"default","_linkedin_share_type_page":"","_instagram_share_type":"default","_medium_share_type":"default","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":null,"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[96,102],"tags":[],"class_list":["post-20632","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aviation-world","category-featured-en"],"yoast_head":"\n