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Norwegian today reported its first quarter results for 2014. The pre-tax profit (EBT) was -813 MNOK. Despite a seasonally weak quarter, the passenger growth is strong and the load factor high. The quarterly results are affected by the additional costs associated with wet-leasing replacement aircraft on long-haul routes, as well as a weaker Norwegian currency (NOK).
Norwegian continues to expand its route network from London Gatwick by launching two new routes to Warsaw and Berlin. In addition it increases the number of daily departures to Copenhagen.
Norwegian has decided to change its cockpit procedures so that two crew members always are present in the cockpit.