Norwegian Air Shuttle to Lease Four New Boeing 787-9 Dreamliners

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By Dominic Chopping

Scandinavian airline Norwegian Air Shuttle ASA (NAS.OS) said Thursday it has leased four new Boeing 787-9 Dreamliners as it continues to bolster its long-haul fleet with modern, fuel-efficient aircraft.

Norwegian has three 787-8 Dreamliners in its fleet, with an additional five on order as well as two 787-9 Dreamliners on order for delivery in the first quarter of 2016.

"In order to run a competitive long-haul operation, we are dependent on brand new, cost-efficient aircraft," said Norwegian Chief Executive Bjorn Kjos. "This is a great airplane with high passenger comfort, long range and low fuel burn."

The 787-9 is larger than the 787-8 that Norwegian currently operates on its long-haul routes, accommodating up to 20% more passengers, increased cargo capacity and lower fuel consumption.

The lease agreement for the four new aircraft has been signed with International Lease Finance Corporation and the new Dreamliners are expected to enter service in 2017 and 2018.

Norwegian operates long-haul flights from Oslo, Stockholm and Copenhagen to New York, Bangkok and Fort Lauderdale, Florida, and wants to add flights to Los Angeles, Oakland, California, and Orlando, Florida, from Scandinavia as well as from a trans-Atlantic base at London Gatwick airport.

Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter: @WSJNordics

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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