Norwegian named world's best low cost, long haul airline
•Passengers vote Norwegian Air ‘World’s Best Low-Cost Long Haul Airline’ as part of SkyTrax awards •The airline was also awarded ‘Best Low Cost Airline in Europe’ for third consecutive year
•Passengers vote Norwegian Air ‘World’s Best Low-Cost Long Haul Airline’ as part of SkyTrax awards •The airline was also awarded ‘Best Low Cost Airline in Europe’ for third consecutive year
Norwegian carried about 2.4 million passengers in May 2015, an increase of 13 percent compared to the same month previous year. The load factor was 84.9 percent, up 7.9 percentage points. However, it is important to view this month´s traffic figures in light of the weak traffic figures of May last year.
Low cost airline Norwegian will launch a new route from London Gatwick this weekend - with flights to Pula, Croatia taking off from Sunday.
Norwegian Air Shuttle ASA has successfully completed a new unsecured bond issue of NOK 1 billion with maturity May 2018. The settlement date for the loan is expected to be 20 May 2015.
Net proceeds from the bond issue will be used for general corporate purposes. An application will be made for listing of the bonds on Oslo Stock Exchange. The new bond loan was oversubscribed.
Arctic Secu
Norwegian today announced further expansion in the UK with three new routes set to launch from Edinburgh and Birmingham airports to the Canary Islands this winter. In total, Norwegian is adding almost 100,000 seats between the destinations.
Norwegian carried 2.1 million passengers in April 2015, an increase of seven percent compared to the same month previous year. The load factor was 82.4 percent, up 2.6 percentage points.
Norwegian today reported its Q1 results for 2015. The net profit is -538 MNOK, an improvement of 57 MNOK from the previous year. The results were affected by the pilot strike in Scandinavia and the weak Norwegian currency. The passenger growth outside Scandinavia is strong and the load factor is six percentage points higher than the same period last year. Future bookings are looking good.
Norwegian continues to expand its long-haul network with new direct routes. Starting November 2015, Norwegian will launch a non-stop service between London Gatwick and the Caribbean island of Puerto Rico. As of May 2015, Pula in Croatia will be a new destination from London Gatwick. The airline is also adding more weekly flights between London Gatwick and New York.
In connection with the release of Norwegian's first quarter results 29 April, the company invite to a presentation at 8:30 AM in Oslo by CEO Bjørn Kjos and CFO Frode Foss and a conference call for investors and analysts in the afternoon.
Norwegian’s traffic figures for March are strongly affected by the strike among the company’s Scandinavian pilots. Calculations show that the strike amounted to a loss of 350 MNOK in additional costs and loss of revenue. For the first time ever, Norwegian has had a decline in number of passengers compared with the same month the previous year.
On Saturday afternoon, Norwegian’s first flight from London Gatwick to Orlando International Airport (MCO) in Florida, took off.
Today, Norwegian celebrated its inaugural flight from Birmingham Airport to Madrid; the first of three new Spanish destinations set to launch this summer from the airport. “Today is a double celebration – we’re celebrating the launch of direct flights to Madrid and welcoming Norwegian to Birmingham Airport,” said David Winstanley, Chief Operating Officer at Birmingham Airport.
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.