The Norwegian Group delivered an operating profit (EBIT) of NOK 2,128 million in the third quarter of 2024. The quarter was characterised by capacity growth for Norwegian and improving load factors for both airlines within the group. Widerøe contributed solidly and, for the first time ever in a quarter, carried over 1 million passengers.
The first use of biofuel for the defence sector's business trips with Norwegian was marked at Ålesund Airport Vigra today. Norwegian will blend 15 percent biofuel on over 1 million business trips until 2028. The agreement is the largest of its kind in Norwegian history, and most likely the first in a NATO context.
In September, Norwegian had 2,263,270 passengers while Widerøe had 356,259 passengers, totalling 2,619,529 for the group. The capacity was up 10 percent while the number of passengers rose by 11 percent compared to September 2023. Norwegian responds actively to external challenges impacting the airline by maintaining a strong focus on costs, even with positive September traffic figures.
In August, Norwegian had 2,369,469 passengers while Widerøe had 340,955 passengers, totalling 2,710,424 for the group. The positive trend continues with a passenger growth of 10 percent from August last year. Norwegian’s load factor was slightly up in a month that had a capacity increase of 11 percent compared to the same period last year.
Norwegian’s award-winning benefits program Norwegian Reward offers this autumn a shortcut to the top-level Priority for all SAS EuroBonus members with gold and diamond cards.
In July, Norwegian had 2,526,093 passengers while Widerøe had 331,035, totalling 2,857,128 for the group. For Norwegian, this represents a passenger growth of 9 percent from July last year and the highest number of passengers since 2019. Unit revenue equalled the record figure from July last year.
The Norwegian Group delivered an operating profit (EBIT) of NOK 593 million in the second quarter of 2024. The quarter was characterised by strong capacity and passenger growth, but also slightly lower demand impacting ticket prices. In the quarter, the company performed well operationally, with improved cost level and strong cash flow.
The Norwegian group is a leading Nordic aviation company, headquartered at Fornebu outside Oslo, Norway. The company has over 8,200 employees and owns two of the prominent airlines in the Nordics: Norwegian Air Shuttle and Widerøe’s Flyveselskap. Widerøe was acquired by Norwegian in 2024, aiming to facilitate seamless air travel across the two airline’s networks.
Norwegian Air Shuttle, the largest Norwegian airline with around 4,700 employees, operates an extensive route network connecting Nordic countries to key European destinations. In 2023, Norwegian carried over 20 million passengers and maintained a fleet of 87 Boeing 737-800 and 737 MAX 8 aircraft.
Widerøe’s Flyveselskap, Norway’s oldest airline, is Scandinavia’s largest regional carrier. The airline has more than 3,500 employees. Mainly operating the short-runway airports in rural Norway, Widerøe operates several state contract routes (PSO routes) in addition to its own commercial network. In 2023, the airline had 3.3 million passengers and a fleet of 48 aircraft, including 45 Bombardier Dash 8’s and three Embraer E190-E2's. Widerøe Ground Handling provides ground handling services at 41 Norwegian airports.
The Norwegian group has sustainability as a key priority and has committed to significantly reducing carbon emissions from its operations. Among numerous initiatives, the most noteworthy is the investment in production and use of fossil-free aviation fuel (SAF). Norwegian strives to become the sustainable choice for its passengers, actively contributing to the transformation of the aviation industry.
