Norwegian UK named the youngest fleet

Norwegian UK named the youngest fleet

Norwegian UK flies the youngest aircraft in the world, according to new ch-aviation data.

The low-cost carrier boasts an average fleet age of less than a year and comes top of the list of youngest fleet ages worldwide published by ch-aviation last week.

Speaking to Aircraft Investor, a Norwegian spokesperson said, “Operating a young, modern fleet is a key part of our global expansion plans, ensuring we are as environmentally friendly as possible. We’re delighted to receive recognition of having one of the youngest fleets in the world, while continuing to offer passengers high quality travel at lower fares.”

Norwegian UK’s fleet comprises new Boeing 787-9 Dreamliners, delivered this year and one Boeing 737-800 that it has been operating since 2015. Norwegian Air UK was set up two years ago and is registered at Gatwick Airport. It is looking to expand its operations outside of Europe, having recently received tentative approval for a US foreign air carrier permit.

Its parent company Norwegian Air Shuttle reported a pre-tax profit of 861 million NOK ($108.62 million) for the first quarter of 2017, down slightly on last year. The airline attributes the drop to higher oil prices and Norway’s new air passenger taxes.

New and Old

The other top five youngest airline fleets are all under two years old. The airlines are Colorful Guizhou Airlines and Loong Air from China, Germany’s Eurowings, and Swiss Global Air Lines.

Commenting on the results, Thomas Jaeger, ch-aviation CEO, said: “What our data clearly shows is the tremendous growth in Europe and Asia over the past few years while carriers move to lower-cost models. And Chinese start-ups have the benefit of good access to capital for new aircraft.”

The airline with the oldest fleet is Kenya’s Fly Sax, with an average age of 36 years. This is followed by Canada’s Nolinor Aviation and Pacific Coastal Airlines, Western Air Bahamas and African Express Airways.

Jaeger added, “Obviously we see something quite different in Canada and Kenya, which both have a lot of smaller carriers operating in remote areas. Many African airlines which want to expand simply don’t have the cash for brand new aircraft.”

Alex Baldwin
By Alex Baldwin August 14, 2017 12:53