Scandinavian LCC Norwegian Air Shuttle has promoted its chief financial officer Geir Karlsen to the post of deputy CEO, just a year after he joined the airline.  The move comes at a defining moment in the development of Norwegian, which has pledged to cut costs and grow more sustainably and profitably after years of rapid expansion. Earlier this year, it undertook a rights issue to shore up its balance sheet after British Airways parent IAG, which had taken a stake in Norwegian, said ...

Subscribe to Access this Entire Article

"Norwegian promotes Karlsen to deputy CEO" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.