Norse Atlantic Airways, President, Charles Duncan at CAPA’s Americas Aviation Summit 2023
Norse Atlantic Airways, President, Charles Duncan spoke to CAPA TV at the CAPA Americas Aviation & LCCs Summit in Ontario, California in Apr-2023 about latest industry trends and company developments.
CAPA Events are hosted in key markets around the world and attract the highest calibre of thought leaders and decision makers in the aviation and travel industry. Delegates are provided with unprecedented access to the latest data, insights and trends from our global team, in addition to valuable networking opportunities with executives across all sectors of the aviation and travel industry. Review CAPA’s full events calendar here.
Transcript
Charles Duncan:Demand is red hot this summer across the Atlantic. We're hearing that from, you know, all of the carriers, and Norse is no exception to that. We're really excited. We're gonna have a big summer. And exactly as you say, this is our first real summer with a ramp-up, and we're flying 9 aircraft, 9 lines of flying. And yeah, demand is just off the charts. Yeah. So we have 10 aircraft available to us and we made the decision to keep one back as a spare. And, and we think it's an expensive investment, but one we need to do to be reliable as an operator, especially as a startup in our case. You know, ideally we would like to see point-of-sale strength of 50/50 on both sides. We have been seeing— I mean, we're selling from both ends, of course, but, but more demand from the US. The US demand has been stronger and I think it's really around foreign exchange. And there have been a lot of media stories on the US side about how cheap it is to go to Europe. And we've seen media stories come conversely highlighting to European audiences how expensive it is here in the US. So, so we have been seeing a bit of a tilt more on the US side, but I would still characterize it as being healthy from, from both points of sale. Thank you.
Copyright policy: All transcripts on this site are the copyright of CAPA - Centre for Aviation. Our reproduction policy is as follows: you may quote up to 400 words of any transcript on the condition that you attribute the transcript to CAPA - Centre for Aviation and link to the original video page. All other use is prohibited. While we aim for 100% accuracy in the transcript, there may be some minor transcribing errors.