As low-cost airline Norwegian continues its busiest ever summer in the UK, passengers have been in generous mood by donating more than £40,000 to UNICEF’s work for children all over the world.
Norwegian reports a continued passenger growth in July. The airline sets new passenger record with nearly 2.7 million travellers in July, the highest number ever in a single month. July was also characterised by considerable holiday traffic in all markets and a record high load factor of 94 percent.
Norwegian, recently voted ‘Europe’s best low cost airline’ and the ‘World’s best low cost long-haul airline’, has announced that members of its popular ‘Norwegian Reward’ loyalty programme can now collect CashPoints up to 30 days after departure.
Norwegian (NAS) today reported its second quarter results for 2015. The pre-tax result (EBT) was 456 MNOK, an improvement of 593 MNOK from the previous year. The load factor for this period was 85 percent with strong progress in all of Norwegian’s markets. This also applies to the long-haul operation, where the the passenger number has more than doubled since the same period last year.
Norwegian celebrated the first anniversary of its ground-breaking low-cost, long-haul flights between the UK and America today – by announcing a new route to Boston and confirming that summer 2015 is set to be a record breaker for the airline.
Starting 25 October, Norwegian will link Madrid with daily flights to Gran Canaria and Tenerife North, whereas Barcelona will be served to Gran Canaria, Tenerife North and Fuerteventura, and Malaga to Gran Canaria and Tenerife South, with fares starting for as little as €39.50 one-way, taxes included.
Norwegian reports a continued passenger growth and a record-high load factor of 88 percent for the month of June. The positive trend is a combination of solid growth on the long-haul operation and many sun-seeking Scandinavians during June.
Norwegian will launch flights from Boston, Baltimore/Washington, D.C. and New York City to two Caribbean destinations: the Guadeloupe Islands and Martinique. Only two years after launching its long-haul operation, Norwegian will now be the largest foreign airline at New York’s JFK airport in terms of number of routes. The airline currently offers 31 direct routes from the US.
Norwegian Air Shuttle ASA will release the second quarter results Thursday 16 July 2015. The report will be made available at 7:00 AM (CET) at norwegian.com and newsweb.no.
The Company will present the results 8.30 AM (CET) at Felix Conference Center, Bryggetorget 3, Oslo. The presentation will be held by CEO Bjørn Kjos and CFO Frode Foss.
Conference call – Q&A session
At 14:00 (CET)
Norwegian, UNICEF and Amadeus extend their long-term cooperation with a global agreement. The new agreement enables Norwegian’s passenger to donate funds to UNICEF’s work for children all over the world when purchasing their flights online.
Low cost airline Norwegian is continuing its growth at London Gatwick by doubling the volume of flights on offer to Gothenburg this winter.
•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 Securiti
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.
