Press release -

Norwegian Fourth Quarter Results 2009

  • Fourth quarter revenue up by 8 % to MNOK 1,749.8 (1,614.7).

 

  • Earnings before depreciation and leasing (EBITDAR) in the fourth quarter were MNOK 204.5    (-45.0)

 

  • Earnings before depreciation (EBITDA) in the fourth quarter were MNOK 50.3 (-168.8).

 

  • Net result after tax in fourth quarter was MNOK 0.8 (-137.5).

 

  • Ancillary revenue pr passenger up 21 % in the fourth quarter.  

 

  • The number of passengers in the fourth quarter was 2.8 mill (+26%).

 

  • Unit cost was NOK 0.50 in the fourth quarter compared to NOK 0.64 in the fourth quarter last year. Unit cost excluding fuel was NOK 0.40 in the fourth quarter compared to NOK 0.43 in the fourth quarter last year.

 

  • Cash and money market deposit of MNOK 1,408 as of 31.12.09

 

  • Cash flow from operating activities in fourth quarter MNOK 352.7 (-133.1)

Please see the full report, presentation and press release below.

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Contacts

For journalists only

For journalists only

Press contact Norwegian Press Office +47 815 11 816
Marketing/sponsorhip requests: marketing@norwegian.com

Marketing/sponsorhip requests: marketing@norwegian.com

Press contact Marketing/sponsorship requests: marketing@norwegian.com

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2009 best annual result in Norwegian’s history

Today, Norwegian presents the best annual result in the company’s history. The net result after tax amounted to 446 MNOK. The last quarter was also the best Q4 ever. During 2009, Norwegian had a strong passenger growth and carried 10.8 million passengers, an increase of 18 per cent compared to the previous year.

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 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.

Norwegian

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