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Norwegian Air Shuttle To Acquire Two Boeing 787-9 Dreamliners

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Norwegian Air Shuttle To Acquire Two Boeing 787-9 Dreamliners

Norwegian Air Shuttle To Acquire Two Boeing 787-9 Dreamliners
December 18
18:00 2013

MIAMI — Norwegian Air Shuttle signed an agreement to acquire two Boeing 787-9 Dreamliners from Boeing on Wednesday.

In an effort to expand their international operations, Norwegian Air Shuttle (NAS) signed an agreement with MG Aviation to lease the two new 787-9 Dreamliners. The new airplanes are expected to begin flying passengers during the first quarter of 2016.

In a press release, NAS’s CEO Bjørn Kjos, stated, “In order to run a competitive long-haul operation, we are dependent on brand new cost-efficient aircraft. I’m very satisfied to have secured our first two 787-9 Dreamliners. This is a fantastic airplane with high passenger comfort, long range and low fuel burn.”

MG Aviation is owned by Jordace Enterprises and they are based in New York. In the Norwegian press release, Jordace Enterprises Chairman said, “We are proud to have Norwegian as our lessee of two aircraft in our growing portfolio. We were impressed with Norwegian’s strategy of designing their long-haul operations to take advantage of Boeing’s game changing 787-9 Dreamliner.”

So far, however, the 787 has been anything but a dream for NAS. Bjørn Kjos openly called the 787 a “nightmare” several weeks back, and personally had Boeing Commercial Airplanes CEO Ray Conner travel to Norway to account for the airplanes poor performance. Specifically, they were not able to get spare parts quickly to support and solve any issues as they arise.

Kjos toned down the rhetoric, at least for a time, several weeks later, telling Ted Reed of TheStreet: “It’s a fantastic airplane; it’s great.” He must not have been joking after all, as today’s order confirms.

NAS has pinned their long-haul hopes on Boeing’s Dreamliner. The highly efficient long range airplane has enabled Norwegian to plan a huge trans-Atlantic expansion. The carrier has announced plans to begin new flights from London Gatwick to Ft. Lauderdale, Los Angeles and New York starting this coming summer.

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