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Norwegian cuts costs, boosts competitiveness

Norwegian carried 3.2 million passengers in the second quarter – a 15 percent growth compared to the same period last year. The airline’s total revenue came in just above 2 billion NOK, a 7 percent increase. The net result after taxes of -134 million NOK was strongly influenced by the Authorities’ closing of the European airspace this spring.

Norwegian reports yet another passenger record

Norwegian reports its best passenger figures ever in June. More than 1.2 million passengers flew with the airline last month. The company had a passenger growth of 25 percent compared to June 2009.

Norwegian's Traffic Figures June 2010

The total number of passengers flown in June 2010 was 1,224,958 compared to 976,836 last year, an increase of 248,122 passengers (25 %). Compared to the same period last year: - Total passenger traffic (RPK) increased by 30 % - Total capacity (ASK) increased by 32 % - The load factor was 77 %, down 2 p.p.

Norwegian continues its expansion in Sweden

Norwegian continues its expansion in the Swedish market as a ninth aircraft will be based at Stockholm’s Arlanda airport in September. As a result Norwegian will double its capacity from Stockholm Arlanda to London and Helsinki in addition to increasing its number of daily flights to Copenhagen from five to six.

Norwegian's Traffic Figures May 2010

The total number of passengers flown in May 2010 was 1,185,373 compared to 946,082 last year, an increase of 239,291 passengers (25 %). Compared to the same period last year: - Total passenger traffic (RPK) increased by 37 % - Total capacity (ASK) increased by 38 % - The load factor was 77 %, which is equivalent to last year

Norwegian reports passenger record in May

Norwegian reports the highest passenger number ever in May. Close to 1.2 million passengers flew with the airline last month. The traffic figures show that air travel is back to normal after European Authorities closed major parts of European airspace in April. The company had a passenger growth of 25 percent compared to May 2009.

Norwegian's Traffic Figures April 2010

Norwegian’s passenger traffic, production and number of passengers in April were heavily disrupted by the closure of European airspace due to volcanic ash. The total number of passengers flown in April 2010 was 791,371 compared to 861,530 last year, a decrease of 70,159 passengers (-8 %).

Norwegian First Quarter Results 2010

First quarter revenue up by 15 % to MNOK 1,592.2 (1,387.3).
 
Earnings before depreciation and leasing (EBITDAR) in the first quarter were MNOK -22.8    (48.5)
 
Earnings before depreciation (EBITDA) in the first quarter were MNOK -192.2 (-101.9).
 
Net result after tax in the first quarter was MNOK -199.1 (-109.6).
 
Ancillary revenue pr

Norwegian cuts costs – strengthening its competitive position

Today, Norwegian announced financial results for the first quarter, showing a unit cost of NOK 0.40 ex. fuel. This represented a large cost reduction compared to the same period last year. More than 2.7 million passengers chose to travel with Norwegian in the first quarter of 2010, an increase of 28 per cent compared to the same period last year.

New ash inspection routines approved by the authorities

Norwegian is pleased that the authorities are now opening the airspace to normal flight operations and is committed to operating a normal schedule as soon as possible. The airline has put in place stringent technical aircraft inspection routines for detecting volcanic ash. These procedures were approved by the Civil Aviation Authority – Norway on Tuesday evening.

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Norwegian.com

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 2024, Norwegian carried over 22,6 million passengers and maintained a fleet of 86 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 2024, the airline had 3.8 million passengers and a fleet of 49 aircraft, including 46 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.

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