Norwegian’s third quarter results demonstrate strong financial position leading into winter trading period
Norwegian today reported its results for the third quarter of 2021. The figures show continued positive progress following the successful completion in May of the respective reconstruction processes. Passenger demand is returning across all our markets and forward bookings remain strong leading into our summer 2022 season.
Norwegian second quarter results: Positive effect of completed reconstruction process and steady uplift of demand
Norwegian today reported its second quarter results and published the H1 2021 financial report. The results continued to be impacted by COVID-19 and travel restrictions in all markets. However, following the successful completion of the reconstruction process and the subsequent NOK 6 billion equity raise, the company is now well positioned for future growth.
Norwegian Releases Summer 2022 Schedule - Connecting the UK and Ireland to Scandinavia with 142 weekly flights
Norwegian will continue to increase flights between the UK and Ireland to destinations across Scandinavia as the airline releases the summer 2022 flying programme. All flights are now available to book offering a wide range of destinations from London, Edinburgh, Manchester and Dublin.
July Traffic Results: Increased passenger demand
Norwegian's traffic figures for July shows a continued increase in the number of passengers. Demand is driven by ease in travel restrictions, in addition to a higher level of the population being vaccinated. In July, Norwegian operated 33 aircraft, which is approx. 50 percent more than the previous month.
Norwegian offers flexible booking policy with 24 hour money-back guarantee
To meet customer demands for greater flexibility, Norwegian has changed the booking policy for cancellations and changes, allowing customers to cancel with full refund up to 24 hours after purchase.
Norwegian’s fourth quarter results are heavily impacted by COVID-19 and travel restrictions
Norwegian today reported its fourth quarter results. As expected, the results were heavily impacted by COVID-19 and travel restrictions in all markets.
Norwegian strongly affected by COVID-19 – 71 percent passenger decline, 8,000 furloughed or laid off employees and 140 grounded aircraft
Norwegian today reported its results for the first half year of 2020. The figures are as expected heavily impacted by the COVID-19 pandemic with a net loss of NOK 5.3 billion. During the first half of 2020, 5.31 million customers travelled with the company; a decrease of 71 percent compared to the same period last year.
Invitation to presentation of Norwegian's Second quarter report
Norwegian has scheduled a presentation of the interim report for the second quarter and first half year 2020 on Friday 28 August and invite to a presentation and live stream at 08:30 CET.
Norwegian fulfils criteria for initial NOK 300 million in guarantee from the Norwegian Government
Norwegian is pleased to announce that two Nordic banks have obtained credit committee approval to provide a guarantee for the required 10 percent for the first tranche of NOK 300 million. Norwegian will secure the necessary headroom to pursue further guarantees from the Norwegian Government.
Norwegian doubles 2019 underlying operating result before ownership costs and achieves cost-reduction target
Norwegian today reported its full year and fourth quarter 2019 results. Year on year, unit revenue increased in nine consecutive months, driven by maturing routes and the optimisation of Norwegian's global route network. The punctuality has improved considerably during the past six quarters, and in the fourth quarter 2019 it was up 3.1 percentage points to 82.6 percent.
Norwegian reports its best ever quarterly result with a profit before tax of NOK 2.2 billion
Norwegian’s third quarter results are characterised by improved profitability, higher unit revenue, lower unit cost and reduced growth, in line with the strategy. Profit before tax improved by 38 percent to NOK 2.2 billion compared to the same quarter last year.
Norwegian’s financial turnaround moves in the right direction: Increased revenue and reduced cost
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.