Not for publication: Norwegian Group presents fourth quarter results
The Norwegian Group presents fourth quarter results on Thursday 13 February.
The Norwegian Group presents fourth quarter results on Thursday 13 February.
Today, Norwegian opens the sale of flight tickets for the next winter season. From the UK, travelers can enjoy direct flights from London Gatwick, Manchester, and Edinburgh to various Nordic destinations. The airline will continue its popular winter routes to Tromsø and Rovaniemi, as well as flights to Nordic capitals and other regional cities.
In January, Norwegian had 1,273,809 passengers, while Widerøe had 294,066 passengers, totalling 1,567,875 for the group. The number of passengers increased by 12 percent for Norwegian and 19 percent for Widerøe compared to January 2024. Norwegian had a capacity increase of 23 percent compared to last year.
In December, Norwegian had 1,476,256 passengers, while Widerøe had 293,257 passengers, totalling 1,769,513 for the group. Capacity for Norwegian was up 24 percent, while the load factor was somewhat down from last year. During the year, over 26.4 million passengers travelled with Norwegian and Widerøe.
The Oslo District Court has today rendered its judgement in the proceedings on the EU ETS obligations during Norwegian’s reconstruction. The court’s ruling is that Norwegian was not obliged to fulfil its EU ETS obligations for 2020 and that the penalty imposed for the failure to meet these obligations was unlawful.
Norwegian is partnering with four schools for pilot education. The collaboration aims to secure future competence and workforce in a critical industry. The agreement is a win-win for the company and for cadets who are offered jobs after completing their studies.
For the 2025 summer season, Norwegian is launching 17 new routes, including three from the UK. In total, next year's summer program features an extensive network of 344 routes to 128 destinations.
In November, Norwegian had 1,531,361 passengers while Widerøe had 326,041 passengers, totalling 1,857,402 for the group. Capacity for Norwegian was up a solid 28 percent, while the load factor remained stable. Average flying distance increased by 17 percent compared to last year as the network includes more routes to warm winter and arctic tourism destinations.
Norwegian and Strawberry’s new digital loyalty currency, Spenn, has been launched in the Nordic market. Spenn will make it easier to earn and use points across loyalty programmes, beginning with flights and hotel stays.
In October, Norwegian had 2,197,751 passengers while Widerøe had 372,757 passengers, totalling 2,570,508 for the group. Capacity for Norwegian was up 10 percent, while the load factor was close to 87 percent, resulting in a record load factor this year if we exclude the peak summer month of July.
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.