Oil prices are obviously having a negative impact on airlines, and are increasing operating costs (and in turn ticket prices, as much as the market will allow). However, in one case higher fuel prices are causing an airline startup to delay its launch altogether.
Continue reading: Norse Atlantic Airways Delays Launch Due To High Fuel Prices
Share your questions, experiences, and thoughts below.
Shocking!!! This airline will never get off the ground, and if it does, it will once again flush investor money down the drain, just like its predecessor. This model does not work.
This CEO does have the same vision as one other CEO.
"We are in a unique position as we have not yet started flying, which gives us the advantage to enter the market cautiously in line with demand and quickly adapt to unforeseen events."
Reminds me of BALTIA.
Look, if you want to set money on fire, just get some lighter fluid and do it the easy way.
A number of US airlines provided investor updates today and the theme across the board is that demand is strong including across the Atlantic for the summer. Delta said it had its highest revenue booking day in history last week; there is a huge amount of demand that has been suppressed for 2 years and now is flying.
A summer launch of a new airline is riskier operationally but less riskier internationally. It is more notable that Norse Atlantic is a fraction of the size of its predecessor.
Do I now need to jump into *every* post’s comments with: “In before Tim Dunn makes this about Delta?”.
That seems tiring.
Why not put June flights on sale at "higher price" to reflect increased costs and then reduce if market permits. Don't delay on sales as now is the time to sell coming out of covid.
Market for SWF (Newburgh-NY) is pent up and waiting to explode.
I was departing Oslo yesterday and 5 787 in full Norse livery are parked there. So they are ready I would say. Can't wait to see there prices to Florida.
Stewart is awesome! Many of us would pay extra not to fly from NYC. Once in Olso, I am able to fly to Gdansk, Poland for $50 (two way ticket using Ryanair and Wizzair). Albany, NY has horrible connection and it is so expensive.
Fingers crossed here. The former Norwegian Air was by far the best deal in comfortable and affordable transatlantic flights. I was never on one of their flights which was not filled -- or almost filled -- to capacity. Unfortunately the virus dealt the airline a blow from which they could not recover. All the best for Norse Atlantic.