Norwegian Air has agreed to buy 50 Boeing 737 Max 8 aircraft and secured options for a further 30 of the planes at an undisclosed price, ending a contract dispute between the two companies
The deal is a boost for Boeing , anchoring long-standing customer Norwegian to the US plane maker after the Oslo-based airline earlier this year said it would consider switching to rival Airbus .For Norwegian, the deal marks a return to aircraft ownership after it was forced to resort to leasing deals during bankruptcy proceedings that rescued the company last year. Boeing is losing the plane race.
Ryanair CEO blasts Boeing in expletive-laden remarks about slow delivery of 737 jets 01:42The first 50 aircraft will be delivered between 2025 and 2028, corresponding to current lease expirations, resulting in a limited net increase of the company's current fleet."This is a landmark deal that sets out a path whereby Norwegian will own a large share of its fleet," board Chair Svein Harald Oeygard said.
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Norwegian Air orders 50 Boeing MAX aircraft, resolving disputeNorwegian Air has agreed to buy 50 Boeing 737 MAX 8 aircraft and secured options for a further 30 of the planes at an undisclosed price, ending a contract dispute between the two firms, the budget carrier said on Monday.
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