Norwegian today reported its results for the second quarter and first half of 2022, characterised by increasing demand for air travel, higher fuel prices and gain from aircraft order. The figures demonstrate Norwegian’s ability to increase capacity for the busy summer travel season and deliver robust operational performance.
Norwegian had over 2.2 million passengers in July, the highest number since the outbreak of the pandemic. Norwegian operated 99.7 percent of its scheduled flights with a load factor of close to 95 percent, the highest in several years.
Norwegian Air Shuttle and Norse Atlantic Airways have entered into an agreement that will allow customers to purchase tickets with connecting flights on both airlines in one transaction.
Norwegian and Widerøe signed a letter of intent today that will see the two airlines closely cooperate in a number of areas in the future. This means, among other initiatives, the two companies will cooperate on tickets sales, enabling passengers to seamlessly travel the entire route network of both airlines under a interline agreement.
Norwegian’s traffic figures for June show that Norwegian had 1,937,318 passengers, an increase of 19 percent compared to the previous month and the highest number since the outbreak of the pandemic.
In May, Norwegian and Boeing announced an agreement in principle for the purchase of 50 Boeing 737 MAX 8 aircraft with options for another 30 aircraft. Today, Norwegian announced that the various closing conditions related to agreement have been met. Following this, Norwegian estimates that it will record a net gain of approximately NOK 2 billion in the second quarter of 2022.
Norwegian's traffic figures for May showed that Norwegian had 1.6 million passengers, an increase of 16 percent compared to the previous month.
Norwegian Air Shuttle ASA has reached an agreement in principle with Boeing for a recommitment to purchase 50 Boeing 737 MAX 8 aircraft. The agreement also includes options for an additional 30 aircraft. The 50 aircraft are due to be delivered between 2025 and 2028, at a schedule closely corresponding to current aircraft lease expirations.
Today, Norwegian reported its first quarter results of 2022. The results in the seasonally weakest quarter of the year were also impacted by the omicron virus and the war in Ukraine, resulting in an operating loss (EBIT) of NOK 849 million.
Norwegian's traffic figures for April showed that Norwegian had 1.4 million passengers, approximately 50 percent more than the previous month.
Norwegian's traffic figures for March displayed a positive trend with growth in passenger numbers and a load factor of above 80 percent. The company recently reopened several bases and direct routes in Europe and will continue to increase capacity ahead of the summer.
Norwegian is pleased to announce that the temporary requirement to wear face masks on board all flights will be lifted from Monday 4th of April.
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.
