SUBSCRIBE

CATEGORIES

Norwegian Air’s CEO eyes rise in bookings ahead of European summer

imageStock Markets9 minutes ago (May 26, 2021 09:42AM ET)

(C) Reuters. FILE PHOTO: Norwegian Air Sweden Boeing 737-800 plane SE-RRJ approaches Riga International Airport in Riga, Latvia January 17, 2020. REUTERS/Ints Kalnins/File Photo

OSLO (Reuters) – More customers are booking flights with Norwegian Air for the upcoming summer season in Europe, although pandemic restrictions still weigh on demand, the carrier’s CEO told Reuters.

Norwegian on Wednesday emerged from six months of bankruptcy protection, ready to compete for customers in its native Norway and on traditional holiday routes to destinations in southern Europe.

“There is a clear rising trend, it won’t be the kind of summer we had in 2019, but it is a rising trend,” Chief Executive Jacob Schram told Reuters at the company’s headquarters on the outskirts of Oslo.

“The most important thing will be how governments choose to open up society. The demand is there, we can see that on the bookings, people are aching to travel,” Schram said.

Allowing travellers to reschedule journeys is a key measure to help regain confidence, he added.

“I think all airlines are looking at how they can reassure the customers in relation to giving greater flexibility,” Schram said.

Norwegian Air’s CEO eyes rise in bookings ahead of European summer

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.