Norwegian to purchase ten Boeing 737-800 aircraft
Norwegian has announced an agreement to buy ten Boeing 737-800 aircraft that are currently a part of its leased fleet. The transaction is expected to close in the first quarter of 2025.
Categories: corporate news
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The Norwegian Group with capacity ramp-up in 2024
For 2024, the Norwegian Group delivered an operating profit (EBIT) of NOK 1,873 million, the second highest in company history. The fourth quarter resulted in a negative operating result (EBIT) of NOK 93 million, impacted by the weakening NOK against USD. The year included a highly successful acquisition of Widerøe, as well as a significant capacity growth throughout the year.
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Not for publication: Norwegian Group presents fourth quarter results
The Norwegian Group presents fourth quarter results on Thursday 13 February.
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Norwegian enters collaboration with pilot schools in Norway, Denmark, Sweden, and Spain
Norwegian is partnering with four schools for pilot education. The collaboration aims to secure future competence and workforce in a critical industry. The agreement is a win-win for the company and for cadets who are offered jobs after completing their studies.
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The Norwegian Group with solid third quarter results
The Norwegian Group delivered an operating profit (EBIT) of NOK 2,128 million in the third quarter of 2024. The quarter was characterised by capacity growth for Norwegian and improving load factors for both airlines within the group. Widerøe contributed solidly and, for the first time ever in a quarter, carried over 1 million passengers.
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Norwegian Armed Forces creates aviation first with biofuels
The first use of biofuel for the defence sector's business trips with Norwegian was marked at Ålesund Airport Vigra today. Norwegian will blend 15 percent biofuel on over 1 million business trips until 2028. The agreement is the largest of its kind in Norwegian history, and most likely the first in a NATO context.
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The Norwegian Group with increased capacity and passenger growth in the second quarter
The Norwegian Group delivered an operating profit (EBIT) of NOK 593 million in the second quarter of 2024. The quarter was characterised by strong capacity and passenger growth, but also slightly lower demand impacting ticket prices. In the quarter, the company performed well operationally, with improved cost level and strong cash flow.
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The Norwegian Group with improved results in seasonally weak quarter
Norwegian recorded an operating loss (EBIT) of NOK 763 million for the group in the first quarter of 2024. The results were significantly improved compared to first quarter 2023, even though this quarter was impacted by a weaker Norwegian krone. Norwegian’s liquidity position improved to NOK 10.4 billion in a quarter which includes the successful acquisition of Widerøe.
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Norwegian delivered a record strong operating profit of NOK 2,232 million for 2023
Norwegian today reported its fourth quarter and preliminary full-year results for 2023. For the full-year of 2023, Norwegian delivered an operating profit (EBIT) of NOK 2,232 million, the highest operating profit in company history. The liquidity position improved through the quarter to NOK 9.5 billion at year-end.
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Norwegian becomes co-owner of Norsk e-Fuel
Norwegian is now a shareholder in Norsk e-Fuel. The company will establish what could be the world's first large-scale production facility for electrofuel. The fossil-free jet fuel will be produced at a plant in Mosjøen in Nordland. The partnership will give Norwegian early access to essential fossil-free aviation fuels.
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Norwegian delivered a profit before tax (EBT) of over NOK 2 billion in third quarter of 2023
Norwegian delivered a profit before tax (EBT) of NOK 2,050 million in the third quarter of 2023, the second-best quarterly result in the 21-year history of the company. Norwegian has had a very strong summer, both operationally and financially, and also delivered best-in-class on punctuality and regularity in Europe.
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Norwegian introduces fossil-free aviation fuel equivalent to 100 flights on Denmark’s busiest route between Aalborg and Copenhagen
Norwegian is to purchase fossil-free aviation fuel to power the equivalent of 100 flights between Aalborg and Copenhagen. The initiative proves that reducing the climate footprint of Danish aviation is already possible today.
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Norwegian reports strong results in the second quarter 2023
Norwegian delivered an operating profit (EBIT) of NOK 651 million in the second quarter, which was characterised by strong operational performance amidst ramping-up into the busy summer travel season. Furthermore, Norwegian and Strawberry’s new loyalty company today announced that Avida has been selected as the preferred financial partner.
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Norwegian announces agreement to acquire Widerøe
Norwegian has entered into an agreement with WF Holding AS to acquire Widerøe, the major regional carrier in Norway. The agreement will provide customers with a broader route network and more choices. It will also contribute to securing local jobs in Norway. Widerøe will continue to exist as a separate company with its own brand, organisation and headquarters in Bodø.
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Norwegian and Strawberry to establish shared “currency” for loyalty programmes
Norwegian and Strawberry are to establish a joint company that will provide a wider selection of services to the members of the companies’ respective loyalty programmes. The company will create a common loyalty currency and a platform where members can earn and use loyalty points across different programmes. The entity will be jointly owned by Norwegian and Strawberry, each retaining an equal owne
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Norwegian limits loss in low season – prepares for historically strong summer
Norwegian has reported its results for the first quarter of 2023. The figures demonstrate Norwegian's ability to reduce capacity in the quieter winter period before ramping up towards the end of the quarter with the start of the summer programme. With strong booking numbers that continue to be encouraging, Norwegian prepares for what is expected to be one of the company’s strongest summers ever.
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Norwegian Reward wins international award for best loyalty programme
Norwegian’s loyalty programme, Norwegian Reward, has been named the best loyalty programme at the prestigious Freddie Awards. Norwegian also received an award in the categories Best Promotion and Best Customer Service. The Freddie Awards are among the travel industry’s most internationally acclaimed awards.
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Norwegian partners with Norsk e-Fuel to build new e-fuel plant in Norway
Norwegian has announced a landmark partnership with Norsk e-Fuel to build the world’s first full scale e-fuel plant in Mosjøen, Norway. The plant will produce sustainable aviation fuels (SAF), marking an important milestone towards Norwegian's target of 45 percent emissions reduction by 2030.
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Norwegian signs agreement to improve onboard WiFi service
Norwegian renews its partnership with Anuvu making it the first airline outside of North America that will launch Anuvu’s cutting-edge high-speed WiFi technology. The partnership will pave the way for stable, fast and reliable WiFi onboard that will improve Norwegian’s customer experience in the years to come.
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Norwegian Reward to be relaunched
The Norwegian Reward loyalty programme is getting a new look and with this comes new benefits. During springtime, several extra benefits for the most frequent flyers will be introduced.
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