Norwegian reports strong passenger growth and high load factor in April
Norwegian carried almost two million passengers in April 2014, an increase of 17 percent compared to the same month last year. The load factor was 79.8 percent.
Norwegian carried almost two million passengers in April 2014, an increase of 17 percent compared to the same month last year. The load factor was 79.8 percent.
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 has signed agreements to lease three new Boeing 787-9 Dreamliners for its long-haul operation. Two of the aircraft will be delivered in 2016 and one in 2017. This is the brand new, more environmentally friendly and even larger Dreamliner model, which is scheduled to enter commercial service this year.
Norwegian Air Shuttle ASA will release the first quarter results at 8.30 AM (CET) Wednesday May 7th. The Company’s CEO Bjørn Kjos will present the results simultaneously at Felix Conference Center, Bryggetorget 3, Aker Brygge, Oslo. The company will host a conference call for investors and analysts in English at 14:00 (CET). For dial-in details please contact Q@norwegian.com
The Annual General Meeting of Norwegian Air Shuttle ASA will be held on May 14 2014 at 5:00PM Detailed information is enclosed to this notice.
Please find the Annual Report for 2013 at www.norwegian.com/annualreport2013
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 today celebrated the opening if its new crew base in Barcelona. The new base is important to Norwegian’s international growth and Barcelona will be strategically important for the company’s future long-haul plans.
Norwegian has been voted “Best Low-Cost Airline of the World” by the 2014 Air Transport News Awards, which was held in Istanbul, Turkey, yesterday evening.
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 has signed an agreement to lease four new Boeing 787-9 Dreamliners. This means that the company has ordered 14 wide-body aircraft in total; three of which are already in service. The 787-9 is larger than the 787-8 that Norwegian currently operates on its long-haul routes.
Today Irish authorities issued an air operator’s certificate (AOC) and operating license to Norwegian’s subsidiary Norwegian Air International Limited, which is based in Dublin.
Today Norwegian took delivery of Boeing’s 1,000th 737-800 aircraft with the sleek Sky Interior. The interior is more spacious and comfortable and has more room for carry-on luggage.
Norwegian Air Shuttle ASA`s presentation of the fourth quarter results 2013 will take place at 8:30 AM on Thursday February 13th at Felix Conference Center, Bryggetorget 3, Aker Brygge, Oslo. The results will be presented in Norwegian by the CEO, Bjørn Kjos.
Norwegian carried more than 1.5 million passengers in January 2014, an increase of 24 percent compared to January last year. The load factor increased despite major capacity growth.
Norwegian continues to expand internationally and is currently establishing new crew bases in New York and Fort Lauderdale. More than 5,500 Americans are competing for 300 jobs as cabin crew on Norwegian's routes between the U.S. and Europe and Asia. “We’ve encountered a luxury problem,” said Norwegian’s HR Director, Gunnar Martinsen.
Norwegian has been awarded “Best European low-cost airline” by AirlineRatings.com. The jury praises Norwegian’s ability to offer its passengers an innovative quality product at a low fare.
The European airline Norwegian will soon open its first crew base in New York. The next base in Fort Lauderdale will be opened during the first quarter of 2014. Norwegian is the first European carrier to establish crew bases in the Unites States and to offer several hundred jobs to American crew. Norwegian’s entry into the U.S. market will also create millions of jobs.
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.