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Norwegian CEO Bjørn Kjos withdrew



Norwegian Bowing 737-800. Photo: © Andy Mitchell

Founder and CEO of Norwegian Air Shuttle Bjørn Kjos will withdraw immediately, the company said.

72-year-old Kjos took over as CEO in 2002, expanding rapidly in previous years. It has transformed the Norwegian regional carrier since 1993 into the third largest low-cost airline in Europe with subsidiaries in Sweden, the United Kingdom, Ireland and Argentina. and said it would interrupt several long-haul routes over long distances to summer seasonal routes.

Originally, the airline started only with short-haul flights in Norway before Kjos assumed the role of Chief Executive Officer and turned the Norwegian into a fast-growing airline. Long-haul flights started in early 201

3 with flights from Oslo and Stockholm to New York and Bangkok. Norway and its various subsidiaries operate with a combined fleet of 162 aircraft, most of them Boeing 737-800 and current 737 MAX 8 as well as 36 Boeing 787 Dreamliner.

Earlier, the airline announced it would close several crews to improve its overall job. The Argentine subsidiary also did not perform well, as expected, and it was given a few more months to improve its load and revenue ratios, otherwise it would be stopped. The 90 ordered Airbus A320neo family planes (ordered by the Norwegian leasing company Arctic Aviation Assets) are also sold.


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