Summary Box: Norwegian Airline Buys 222 Jets

Published January 25, 2012 5:00PM (EST)

HIGH FLIER: Budget carrier Norwegian Air Shuttle ASA on Wednesday said it has ordered 222 new aircraft from Boeing and Airbus in separate deals with a combined worth of $127 billion in list prices.

EUROPEAN RECORD: The total order, which includes 122 Boeing 737 aircraft and 100 Airbus A320 planes for delivery starting in 2016, is the largest ever aircraft purchase in Europe, Norwegian Air Shuttle said.

DIVERSIFYING: Norwegian, which had previously only used Boeing planes, said it would benefit from using two aircraft suppliers "in terms of ensuring adequate flight capacity, flexibility and competition between two manufacturers."

By Salon Staff

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