Taking stock of the industry; Scope issues aviation ratings methodology
16th May 2018
Norwegian has entered into an agreement to purchase 11 LEAP-1B spare engines from CFM International on June 17, 2025. These engines will support the airline's growing fleet of 737 MAX aircraft.
“The transaction secures the operational resilience of Norwegian and will maximise our aircraft availability and utilisation,” said Norwegian CEO Geir Karlsen.
Norwegian said it “remains committed to prudent management” of its balance sheet and is currently in the process of securing long-term financing for this transaction.