Tag Archives: Norwegian (Argentina)

Norwegian sells Argentinian subsidiary to JetSmart

Norwegian Air Shuttle has signed an agreement for the sale of 100 percent of its Argentinian subsidiary Norwegian Air Argentina (NAA) to JetSMART Airlines.

“We’re taking necessary steps to return to profitability,” said acting CEO Geir Karlsen.

JetSMART will assume the NAA operation with immediate effect. To minimize the impact on passengers, JetSMART will continue to operate the NAA scheduled flights from Aeroparque airport. The parties expect that the integration process will take several months, and the Norwegian brand will be phased out in the domestic Argentinian network during this period.

Over the next six months, the three Boeing 737 currently operated by NAA will be replaced by JetSMART’s Airbus A320 aircraft. The three Boeing 737s will return to service for Norwegian in Europe.

“As Norwegian moves from growth to profitability, we are taking all the necessary actions required to ensure that Norwegian is well positioned going forward. Over the past few months we have made important changes to our route network to ensure long-term profitability. Attaining satisfactory profitability for a relatively small domestic operation has proved difficult to achieve, given the overall situation in the country. While most of NAA’s costs are denominated in dollars, revenue is obtained in pesos only, and the sharp depreciation of the peso against the dollar has created a significant gap between costs and revenue,” said acting CEO and CFO of Norwegian, Geir Karlsen.

Scheduled flights to be operated as plannedAll passengers who have purchased NAA flights will fly as planned.

NAA solely operates domestic flights within Argentina so the new agreement will not affect Norwegian’s long-haul flights between London and Buenos Aires. These are operated by the British subsidiary Norwegian Air UK.

Norwegian’s employees in NAA will, as per the agreement, be employed by JetSMART except for the company’s Argentina-based call center staff. They will continue as Norwegian employees providing customer services to JetSMART’s domestic Argentina operation and to our customers on our long-haul operation between Europe and South America.

“All our colleagues in Argentina deserve a word of recognition for their dedication and hard work. The past two years have proven eventful – not only have they built a fully-fledged airline from scratch, but they have also operated it to the highest professional standards. In doing so, they have earned for Norwegian the gratitude and respect of the Argentinian people,” said CEO of Norwegian Air Argentina, Ole Christian Melhus.

NAA received its Air Operator’s Certificate in January 2018 and started operations on 16th October that year.

The company currently operates a fleet of three Boeing 737-800s, with twenty daily flights across eight routes between Buenos Aires’ Aeroparque airport to Bariloche, Córdoba, Iguazú, Jujuy, Mendoza, Neuquén, Salta, and Ushuaia.

So far, NAA has carried 982,000 passengers.

Norwegian Argentina today starts operations

Norwegian Argentina has made this announcement on social media:

The day has come! We started our operations from Buenos Aires Aeroparque to  and . Our first passengers have arrived and they are checking in. Welcome aboard Norwegian!

Norwegian Argentina to start operations on October 16

Norwegian (Argentina) (Buenos Aires) has announced on September 4, it will start selling tickets for its first domestic routes in Argentina.

Operations will begin on October 16, 2018.

The first routes will be from Buenos Aires and the popular tourist destinations of Córdoba and Mendoza, with Iguazu, Bariloche, Neuquén and Salta to start later.

Photos: Norwegian (Argentina).

Norwegian is authorized to operate in Argentina

Delivered on July 18, 2017

Reuters reported the country of Argentina has authorized Norwegian to fly around 60 aircraft starting in 2018 in Argentina opening up 72 national and 80 international routes. Norwegian will be permitted to operate from the cities of Buenos Aires, Cordoba and Mendoza.

Traditionally the government has protected the national flag carrier Aerolineas Argentinas.

Copyright Photo: Norwegian.com (Norwegian Air International) (Ireland) Boeing 737-8 MAX 8 EI-FYC (msn 42825) (Jonathan Swift, Irish writer) DUB (Michael Kelly). Image: 939774.