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 carried more than 1.8 million passengers in March 2014, an increase of 25 percent compared to the same month last year. The capacity growth was 51 percent, in absolute terms the highest capacity growth in a single month.
Norwegian carried more than 1.5 million passengers in February 2014, an increase of 22 percent compared to February last year. The load factor has also increased, despite strong capacity growth.
Norwegian (NAS) today reported its fourth quarter and full year results for 2013. The company reports a pre-tax profit (EBT) of 437 MNOK. The company’s total fourth quarter result was -283 MNOK. The year has been characterized by strong passenger growth and international expansion, and additional costs related to the start-up of the long-haul operation.
Norwegian (NAS) carried more than 1.6 million passengers in December. The last month of the year was characterised by solid passenger- and capacity growth and a higher load factor.
Norwegian (NAS) carried almost 1.7 million passengers in November, an increase of 16 percent compared to the same month previous year. The company continues to expand in Europe by taking delivery of brand new aircraft, increased seat capacity, establishing new operational bases and introducing new routes.
Norwegian (NAS) carried close to two million passengers in October, an increase of 19 percent compared to the same month previous year. The company continues to take delivery of brand new aircraft, increase seat capacity, establish new bases in Europe and launch new routes.
Norwegian reports strong growth in all European markets and a high load factor in its third quarter results. The London Gatwick base shows the strongest passenger growth, followed by Oslo Airport and Stockholm Arlanda. The company reports a third quarter pre-tax profit of 604 MNOK, a result significantly affected by the costs associated with wet-leasing replacement aircraft on long-haul routes.
Norwegian (NAS) carried more than 1.9 million passengers in September, an increase of 17 percent compared to the same month previous year. The company is growing and increasing its capacity by taking delivery of brand new aircraft, establishing new operational bases outside Scandinavia and introducing new routes within Europe and between Scandinavia and the U.S. and Asia.
Norwegian (NAS) continues to report new passenger records. The July passenger figures are the highest in the company’s history and for the first time more than 2 million customers flew with the airline in a single month.
Norwegian’s (NAS) passenger growth continued in June. Over 1.9 million passengers flew with Norwegian, up 21 percent compared with the same month last year. The company continues to grow and increase its capacity in new markets. The high load factor confirms that new capacity is also filling up well.
Norwegian reports record passenger figures in May. Almost 1.9 million passengers flew with Norwegian in May, which is the highest number of passengers the company has carried in a single month. The total on-time performance was 90.1 percent. With an on-time performance of as much as 94.5 percent, the Helsinki base reports in at first place, closely followed by Bergen and Alicante.
