28 per cent passenger growth for Norwegian in January

Norwegian continues the strong passenger growth. In January, Norwegian transported 827 743 passengers which is a 28 percent increase from the same period last year.

- This month’s strong passenger growth and load factor is very satisfactory, particularly taking into consideration that January is seasonally the weakest month of the year. We are continuously renewing our fleet with more Boeing 737-800 aircraft. The brand new aircraft have more capacity which reduces our costs and thus the fares. Simultaneously the emissions per passenger is significantly lowered, so this is welcoming from an environmental point of view at the same time as it saves money for our customers, said Bjørn Kjos, Chief Executive Officer of Norwegian.

The yield is estimated at 0.48 NOK for January, down 21 per cent compared to the same month in 2009. The development partially reflects the removal of fuel surcharges that covered last year’s record high fuel price, a significantly adjusted route portfolio, and the introduction of new aircraft with higher capacity and lower unit cost.

The cabin factor for the Group was 72 percent in January, which is equivalent to last year. The company operated 99.0 percent of the planned flights in January, whereof 73.3 percent departed on schedule.

Please find more financial figures in the PDF attached.

Contacts:
SVP, Corporate Communications, Anne-Sissel Skånvik, phone +47 48 99 44 40
CFO, Frode Foss, phone +47 91 63 16 45