Norwegian Air Shuttle ASA (“Norwegian”) can today announce that it has entered into an agreement to purchase 3 Boeing 737-800 aircraft that are currently on lease to the airline.
This transaction represents another key step in securing the company’s future fleet, enhancing financial flexibility, and increasing asset ownership to support long-term operational and strategic growth, in addition to reduced overall ownership cost.
The transaction is expected to close in the third quarter of 2025, subject to customary closing conditions. The acquisition will initially be funded through the Company’s cash on hand, with Norwegian being in the process of securing long-term financing after completion.
On completion of the transaction, Norwegian expects to record a non-recurring gain of approximately NOK 260 million. This gain reflects the pricing the company has been able to achieve for the aircraft and the corresponding reduction of existing lease liabilities. Additionally, the transaction is expected to generate recurring cost savings net of financing costs of approximately NOK 25 million per year.
This transaction follows the Company’s earlier purchase of 10 Boeing 737-800 aircraft announced on 3 March 2025. Norwegian has completed the long-term financing for that transaction on attractive financing terms.
For further information, please contact:
Hans-Jørgen Wibstad, CFO at Norwegian Air Shuttle ASA, Tel: +47 916 89 661
Norwegian Air Shuttle ASA
Fornebu, 8 July 2025
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Teodora Samoila, Financial Analyst at Norwegian Air Shuttle ASA, on 8 July 2025 at 08:00 CEST.