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Norwegian’s financial turnaround moves in the right direction: Increased revenue and reduced cost

Norwegian’s financial turnaround moves in the right direction: Increased revenue and reduced cost

Press releases   •   Jul 11, 2019 06:01 BST

Norwegian’s second quarter results are characterised by reduced growth and improved profitability, in line with the company’s strategy. Despite the reduced production growth and grounding of the Boeing 737 MAX aircraft, the underlying operating result before ownership costs more than doubled from the same quarter in 2018.

Norwegian reports increased revenues and reduced costs for the first quarter

Norwegian reports increased revenues and reduced costs for the first quarter

Press releases   •   Apr 25, 2019 06:01 BST

Norwegian today reported its first quarter results. The quarter was characterised by reduced costs, increased revenue and significantly improved on-time performance. The net loss was NOK 1,489 million, while the company’s unit cost excluding fuel decreased by 8 per cent during the same period. The total revenue was NOK 8 billion, up 14 per cent.

Norwegian presents 2018 full year results and the strategy for returning to profitability

Norwegian presents 2018 full year results and the strategy for returning to profitability

Press releases   •   Feb 07, 2019 06:01 GMT

Norwegian today reported its full year and fourth quarter 2018 results, figures strongly affected by engine issues, fuel hedge losses and tough competition in a period of strong growth. The net loss was NOK 1,454 million in 2018, while the company’s unit costs, excluding fuel, have decreased by 12 percent during the same period.

Norwegian reports a result of 1.6 bn NOK (£149 million) in the third quarter

Norwegian reports a result of 1.6 bn NOK (£149 million) in the third quarter

Press releases   •   Oct 25, 2018 06:03 BST

Norwegian (NAS) today reported a result (EBT) of 1.6 billion NOK (£149 million) for the third quarter 2018.

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Norwegian 787 Dreamliner

Norwegian 787 Dreamliner

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