Preparing For Summer 2023 , Norwegian Has Signed A Letter Of Intent With Air Lease Corporation To Lease Six Boeing 737 MAX 8.

Preparing For Summer 2023 , Norwegian Has signed a Letter of Intent  with  Air Lease Corporation  To Lease  Six  Boeing 737 MAX 8.

Preparing For Summer 2023 , Norwegian Has signed a Letter of Intent with Air Lease Corporation To Lease Six Boeing 737 MAX 8.

They are in deperate need of fleet reinforcement , in May 2022 , Norwegian Air Shuttle ASA had reached an agreement in principle with Boeing for a recommitment to purchase 50 Boeing 737 MAX 8 aircraft. The agreement also included options for an additional 30 aircraft.

 

But , delivery schedule did not match the instant growth plan of the carrier , specifically when it successfully ended its bankruptcy protection status on 26th may 21, and building up since then.

 

Now , Under pressure of market demands and travel recovery , Norwegian has signed a Letter of Intent (LOI) with Air Lease Corporation (ALC) to lease six Boeing 737 MAX 8 aircraft which are in addition to the three 737 MAX 8 aircraft which Norwegian previously agreed to lease from ALC of which one has already been delivered to Norwegian.

 

Eyeing consolidation , the carrier also expected to receive the planes in short notice , its press release read ,

The aircraft are to be delivered in short time to Norwegian, in good time ahead of the summer 2023 season.

“The addition of these modern and fuel-efficient aircraft fits well with our fleet strategy. It will also help counteract delays from Boeing for other aircraft that were due to be delivered to Norwegian this spring,” said Geir Karlsen, CEO of Norwegian.

 

The Boeing 737 MAX 8 is approximately 14 percent more fuel-efficient compared to previous-generation aircraft, hence contributing to Norwegian’s ambitious target to reduce its carbon emissions by 45 percent by 2030.

 

However , the carrier said that the final agreement is subject to certain closing conditions.

 

Noteworthy is , Norwegian operates a fleet of 66 Boeing 737-800 and 2 Boeing 737 MAX 8 presently, where as it operated around 160 aircraft before the pandemic struck.

 

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