Norwegian Air to lease Boeing 737 Max aircraft

Norwegian Air is lease two Boeing 737 Max 8 aircraft as the airline continues to “selectively grow” its fleet.

Delivery will enable the Scandinavian low cost carrier to fulfil its summer 2022 flying programme with about 270 routes.

The lease time for each aircraft is for nine years and carries ‘power by the hour’ arrangements to give flexibility for the carrier to manage capacity through forthcoming winter low seasons

Norwegian has the option to substitute the subject 737 MAX 8 for new technology narrow-body aircraft from Airbus.

This would be the first time the airline has considered aircraft from the European manufacturer.

“The transaction will enable Norwegian to continue its focus on offering the most environmentally friendly travel options for our customers,” the carrier said.

“The lessor is well reputed and has a longstanding relationship with Norwegian.”

Airline chief executive Geir Karlsen said: “This agreement is an important step in Norwegian’s plan to build an efficient and modern fleet for the future.

“The flexibility of ‘power-by-the-hour’ will allow us to manage our capacity through the low season adjusting for variations in seasonal demand.”

Norwegian operated an average of 48 aircraft in October.

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