The Icelandic budget carrier has hired a company to sell bonds to raise finance to keep its growth on track.

Sifting through the 2018 World Airline Awards for LCCs, Norwegian comes second (32nd overall), Ryanair 11th (64th overall).

The two routes include the first low-cost flights from Russia to the Nordics and a red-eye from Sweden.

Passengers say they turned up at the airport for a flight that had never even launched.

Flights to Brazil are "characterised by low competition and high prices. Norwegian Air intends to reverse that.”

The Nordic-owned carrier is ceasing eight short-haul routes from the UK, to Spain and Iceland.

Boeing estimates a huge demand for new aircrafts and services over the next two decades, mainly in the low-cost segment.

IAG is making another move away from the traditional airline model of its British Airways and Iberia brands.

Ryanair says it will launch a new base at London Southend Airport, in direct competition with easyJet.

The increasing presence of low-cost carriers boosts passenger numbers at privately owned Oslo Torp.

The Nordic-owned, Riga-based low-cost carrier has been hit by prolonged delays to its A321neos.

North America’s biggest low-cost carrier is looking at flights to Europe within the next few years.

An increasingly high-cost environment is provoking differing views from Europe’s low-cost carriers about the coming year.

Airlines in the Lufthansa Group are the latest to offer a new low fare to fight LCCs on North American routes.

The revelation comes a day after strong full-year results exposed SilkAir as a weak spot.

Airlines are ranked according to the lowest fares for passengers in terms of cost per kilometre.

CEO: “If you look at flights from India to North America, they actually go directly above Iceland.”

Pilots at the Lufthansa subsidiary are worried about their future as the group pushes Eurowings.

The Icelandic airline will launch routes to Asia and is also considering direct Europe-US flights.

The low-cost carrier’s chief marketing officer Kenny Jacobs makes an environmental pitch.