Judgment in compensation suit against SAS
Borgarting court of appeals today rendered its judgment on the case between Norwegian Air Shuttle ASA and SAS Scandinavian Airlines Norge AS and SAS AB (publ.).
Borgarting court of appeals today rendered its judgment on the case between Norwegian Air Shuttle ASA and SAS Scandinavian Airlines Norge AS and SAS AB (publ.).
The total number of passengers flown in February 2010 was 834 884 compared to 669 469 last year, an increase of 165 415 passengers (25 %).
Compared to the same period last year:
- Total passenger traffic (RPK) increased by 28 %
- Total capacity (ASK) increased by 32 %
- The load factor was 76 %, down 2 p.p.
Please see the attached report and press release for further informati
Norwegian continues the strong passenger growth. 834 884 passengers chose to fly with Norwegian in February, a 25 percent increase from the same period last year. More than 11 million passengers have traveled with the company during the last 12 months.
Norwegian continues to expand its base in Stockholm and launches direct flights to London/Gatwick, Edinburgh and Munich, three destinations which are appealing to both business and leisure travellers. The new direct flights will increase Norwegians presence in the Swedish market, as the company is adding an eighth aircraft to the Stockholm base.
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 pass
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 is strengthening its route network in the Nordic region. For the first time, Norwegian will launch direct flights from Oslo and Stockholm to Helsinki. The new direct flights are part of the strategy to become a strong player in the Nordic market.
Norwegian has entered into a partnership agreement with the European Broadcasting Union – EBU – to become the Official Airline of the Eurovision Song Contest 2010. Norwegian will offer competitive low cost fares to Oslo from 27 European countries for the Eurovision Song Contest community during the three shows.
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.
The total number of passengers flown in January 2010 was 827,743 compared to 648,302 last year, an increase of 179,441 passengers (28 %). Compared to the same period last year: - Total passenger traffic (RPK) increased by 28 % - Total capacity (ASK) increased by 28 % - The load factor was 72 %, which is equivalent to last year
Norwegian has entered into an agreement with Star Tour, a subsidiary of the world’s largest leisure travel company TUI Travel Plc, for the transportation of Star Tour customers during the winter of 2010/11.
Norwegian experienced strong passenger growth last year and flew 18 per cent more passengers than the previous year. In total, 63 new routes were established; 30 in Denmark, 18 in Sweden and 15 new routes in Norway.