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Norwegian to purchase 11 CFM LEAP-1B spare engines
17 Jun 2025 08:00 CEST
Issuer
Norwegian Air Shuttle ASA
Norwegian has entered into an agreement to purchase 11 LEAP-1B spare engines
from CFM International. These fuel-efficient engines will support Norwegian’s
growing fleet of modern Boeing 737 MAX aircraft.
The transaction represents an important step in the long-term fleet strategy of
Norwegian, helping to secure the operational resilience of the airline in a
cost-efficient manner. Deliveries are scheduled in 2027 and 2028 and are
tailored to Norwegian’s expected operational requirements. This adds to the two
LEAP-1B spare engines that Norwegian currently owns.
The investment is in line with Norwegian’s sustainability strategy, which aims
to reduce emissions and improve operational efficiency through the use of modern
technology. Norwegian remains committed to prudent management of its balance
sheet and is in the process of securing long-term financing for this
transaction.
“We are pleased to continue our long-standing partnership with CFM. This
transaction secures the operational resilience of Norwegian and will maximise
our aircraft availability and utilisation,” said Geir Karlsen, CEO of Norwegian.
For further information, please contact:
Hans-Jørgen Wibstad, CFO at Norwegian Air Shuttle ASA, Tel: +47 916 89 661
Fornebu, 17 June 2025
Norwegian Air Shuttle ASA
More information:
Access the news on Oslo Bors NewsWeb site
Source
Norwegian Air Shuttle ASA
Provider
Oslo Børs Newspoint
Company Name
NORWEGIAN AIR SHUTTLE, Norwegian Air Shuttle ASA 21/26 0pct
ISIN
NO0010196140, NO0010996457
Symbol
NAS
Market
Euronext Oslo Børs