Norwegian Air Studies Ireland to Establish Budget Long-Haul Base
Stock Chart for Norwegian Air Shuttle AS (NAS)
Norwegian Air Shuttle ASA (NAS), western Europe’s fourth-largest discount airline, may apply for a permanent Irish air operator’s certificate as it seeks to establish a low-cost base for its long-haul division.
“We’re having discussions and talks with Irish authorities to get a permanent air operator’s certificate,” Lasse Sandaker-Nielsen, a spokesman for the Fornebu, Norway-based airline said by telephone. “It suits our operations better.”
Norwegian last year ordered 222 Boeing Co. (BA) and Airbus SAS airliners valued at 127 billion kroner ($21.5 billion) and will begin flying its first Boeing 787 Dreamliner on long-haul routes from August 15. The second of eight Dreamliners will arrive later this month, Sandaker-Nielsen said. Both jets have temporary Irish registration, meaning the carrier can employ non-European Union-based pilots, making it possible to recruit crew members from places like Thailand, he said.
Only long-haul jets are being considered for registration outside of Norway, Sandaker-Nielsen said. The airline considered applying in other European countries including Sweden before settling on Ireland, he said.
Norwegian, founded in 1993, switched to a discount model in 2001, emulating Ryanair Holdings Plc (RYA) and EasyJet Plc. (EZJ) It is western Europe’s fourth-largest low-cost airline, after Ryanair, EasyJet and Air Berlin Plc. (AB1)
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