Economy

Norwegian Air to discontinue transatlantic routes from Ireland

Norwegian Air to discontinue transatlantic routes from Ireland

The famous and popular flight has been grounded since March regarding safety concerns after 2 fatal crashes.

"Compounded by the global grounding of the Boeing 737 MAX aircraft and the continued uncertainty of its return to service, this has led us to make the hard decision to discontinue all six routes from USA and Canada to Dublin, Cork and Shannon from September 16".

The decision will ultimately end all flights from Stewart, New York; Providence, R.I., and Hamilton, Ontario, and Dublin.

"As the airline moves from growth to profitability, we have conducted a comprehensive review of our transatlantic operations between Ireland and North America and considering the grounding of the Boeing 737 MAX aircraft, we have concluded that these routes are no longer commercially viable".

The carrier will continue to offer scheduled services from Dublin to Oslo, Stockholm and Copenhagen as normal.

The company says it is assisting customers to make sure they can still get to their destination by rerouting them onto other Norwegian services.

Loss of capacity as a result of the groundings has forced airlines to cancel thousands of flights and lease replacement aircraft to cover deficits.

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"It's clear that the 737 Max development impacted the Norwegian economic model, and in turn they made a significant announcement today throughout the northeast", said Fischer.

Tui shares were up 2.7% at 9.10am United Kingdom time.

Boeing faces a new set of troubles as the FAA's newly-appointed administrator said that 737 MAX airplanes would not be allowed to fly unless he was fully sure that they were safe to fly again.

Travel and tourism operator Tui reported a sharp fall in third quarter earnings as it maintained its outlook for the full year and said it would focus on emerging economies "with growing middles classes".

Underlying core earnings declined by 46 per cent year-on-year, to €101 million, in the third quarter, in particular due to the impact of €144 million in costs resulting from the grounding of the 737 Max.

Reuters reported that deliveries totalled 258 aircraft in the seven months through July, compared to 417 previous year, and trailing far behind the 458 aircraft handed over in the same period by European rival Airbus SE.