Norwegian Air intends to lease out craft as fleet widens

04/3/2012 | Wall Street Journal, The

Norwegian Air Shuttle plans to enter the aircraft-leasing market as well as sell older planes to structure a fuel-efficient fleet. This year, the airline ordered 222 aircraft from Boeing and Airbus for a list price of $21.54 billion, after previously ordering 63 planes from Boeing. The size of the latest order surprised the industry.

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Wall Street Journal, The