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Norwegian Third Quarter Results 2009

Press release -

Norwegian Third Quarter Results 2009

 

  • Third quarter revenue up by 15 % to MNOK 2,271.5 (1,971.9).
  • Earnings before depreciation and leasing (EBITDAR) in the third quarter were MNOK 669.5 (321.5)
  • Earnings before depreciation (EBITDA) in the third quarter were MNOK 514.7 (228.5).
  • Net result after tax in third quarter was MNOK 374.8 (414.4).
  • Ancillary revenue pr passenger up 41 % in the third quarter.
  • The number of passengers in the third quarter was 3.1 mill (+19%).
  • Unit cost was 0.44 in the third quarter compared to 0.49 in the third quarter last year. Unit cost excluding fuel was 0.32 in the third quarter compared to 0.30 in the third quarter last year.
  • Delivery of the first of 42 Boeing 737-800 HGW
  • On October 21 Norwegian exercised 6 purchase rights for Boeing 737-800 aircraft, making the total order for direct-buy aircraft 48.

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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Best operating result in Norwegian’s history – acquires an additional six new aircraft from Boeing

Today Norwegian presents the highest operating profit in the history of the company. Earnings before tax (EBT) in Q3 were MNOK 519, an improvement of more than MNOK 326 compared to the same period in 2008. As part of the company's strong expansion, Norwegian has placed an additional order for six new Boeing 737-800, making the accumulated order for leased and purchased aircraft count 70 by 2014.

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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.

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