OSLO: Norwegian Air has agreed to buy 50 Boeing 737 MAX 8 aircraft and secured options for a further 30 of the planes at an undisclosed price, the budget carrier said on Monday.
The deal is a boost for Boeing, anchoring long-standing customer Norwegian to the U.S. plane maker after the Oslo-based airline earlier this year said it would consider switching to rival Airbus.
For Norwegian the deal marks a return to aircraft ownership after it was forced to resort to leasing deals during bankruptcy proceedings that rescued the company last year.
“The 50 aircraft are due to be delivered between 2025 and 2028, at a schedule closely corresponding to current aircraft lease expirations. This entails a limited net increase of the company’s current fleet,” Norwegian said in a statement.