In May, Norwegian and Boeing announced an agreement in principle for the purchase of 50 Boeing 737 MAX 8 aircraft with options for another 30 aircraft. On 22nd June, 2022, Norwegian announced that the various closing conditions related to agreement have been met.
Following this, Norwegian estimates that it will record a net gain of approximately NOK 2 billion in the second quarter of 2022. Additionally, Boeing and Norwegian have filed to settle all outstanding legal disputes.
“The agreement to purchase 50 brand-new and fuel-efficient aircraft constitutes a big leap forward in the strategy to solidify our market position in the Nordics,” said Geir Karlsen, CEO of Norwegian.
Further information on the agreement is available here.