News Formal

Norwegian Air shares surge on Airbus fleet deal, earnings top forecast

  • 📰 Reuters
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Shares in Norwegian Air surged more than 20% on Thursday after it said China&#03...

FILE PHOTO: A view of parked aircraft belonging to budget carrier Norwegian at Stockholm Arlanda Airport in this March 5, 2015. REUTERS/Johan Nilsson/TT News Agency

CCB Leasing Corp DAC , a wholly owned subsidiary of China Construction Bank Corp , will own 70% of the venture, with the rest held by Norwegian Air’s Arctic Aviation. The company said the venture would reduce Norwegian’s capital expenditure by about $1.5 billion, based on the 27 aircraft on order. Norwegian cut its 2019 capital expenditure guidance by $200 million this year to $1.0 billion, while raising it by $100 million to $1.4 billion for next year.

In its new plan of cost cuts, Norwegian said it aimed to improve its annual EBITDAR run-rate by another 4 billion crowns by the end of 2021.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 2. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Norwegian Air secures Airbus fleet deal, earnings top forecastNorwegian Air said on Thursday it has struck a deal with China's CCB Leasin... Norwegian air sucks.
Källa: Reuters - 🏆 2. / 97 Läs mer »