Categories: corporate news
Norwegian extends validity of CashPoints
Norwegian is extending the validity of CashPoints to those passengers who chose to be awarded these as a refund for cancelled flights during the pandemic in 2020. Passengers now have until the end of 2023 to spend these CashPoints.
Norwegian delivers solid results in busy travel season – business travellers returning
Norwegian reported its results today for the third quarter of 2022. The figures demonstrate Norwegian’s ability to deliver robust financial results and strong operations in the busiest travel season of the year. Business travel has picked up after the summer, and travellers in this segment are now back to 2019 levels on the most popular domestic routes in Norway.
Norwegian delivered profit before tax of NOK 1,248 million in the second quarter 2022
Norwegian today reported its results for the second quarter and first half of 2022, characterised by increasing demand for air travel, higher fuel prices and gain from aircraft order. The figures demonstrate Norwegian’s ability to increase capacity for the busy summer travel season and deliver robust operational performance.
Norwegian with strong passenger growth in July
Norwegian had over 2.2 million passengers in July, the highest number since the outbreak of the pandemic. Norwegian operated 99.7 percent of its scheduled flights with a load factor of close to 95 percent, the highest in several years.
Norwegian & Norse Atlantic Airways agree closer cooperation
Norwegian Air Shuttle and Norse Atlantic Airways have entered into an agreement that will allow customers to purchase tickets with connecting flights on both airlines in one transaction.
Norwegian and Widerøe enter into close cooperation agreement
Norwegian and Widerøe signed a letter of intent today that will see the two airlines closely cooperate in a number of areas in the future. This means, among other initiatives, the two companies will cooperate on tickets sales, enabling passengers to seamlessly travel the entire route network of both airlines under a interline agreement.
The highest number of passengers since the outbreak of the pandemic
Norwegian’s traffic figures for June show that Norwegian had 1,937,318 passengers, an increase of 19 percent compared to the previous month and the highest number since the outbreak of the pandemic.
Norwegian concludes agreement to purchase 50 Boeing 737 MAX 8 aircraft
In May, Norwegian and Boeing announced an agreement in principle for the purchase of 50 Boeing 737 MAX 8 aircraft with options for another 30 aircraft. Today, Norwegian announced that the various closing conditions related to agreement have been met. Following this, Norwegian estimates that it will record a net gain of approximately NOK 2 billion in the second quarter of 2022.
Continued passenger growth at Norwegian
Norwegian's traffic figures for May showed that Norwegian had 1.6 million passengers, an increase of 16 percent compared to the previous month.
Norwegian to purchase 50 Boeing 737 MAX 8 aircraft
Norwegian Air Shuttle ASA has reached an agreement in principle with Boeing for a recommitment to purchase 50 Boeing 737 MAX 8 aircraft. The agreement also includes options for an additional 30 aircraft. The 50 aircraft are due to be delivered between 2025 and 2028, at a schedule closely corresponding to current aircraft lease expirations.
Norwegian limits losses and protects cash position in the first quarter
Today, Norwegian reported its first quarter results of 2022. The results in the seasonally weakest quarter of the year were also impacted by the omicron virus and the war in Ukraine, resulting in an operating loss (EBIT) of NOK 849 million.
Norwegian removes face masks requirement on all flights
Norwegian is pleased to announce that the temporary requirement to wear face masks on board all flights will be lifted from Monday 4th of April.
Norwegian recruits 150 crew in Finland – reopens base in Helsinki
As part of the preparations for the summer season, Norwegian has started recruitment of more than 150 air crew that will be based at Helsinki Airport HEL. Approximately 100 cabin crew and 50 pilots will be ready to operate 27 of Europe’s most popular destinations that the company will service from Helsinki Airport during the summer season.
Norwegian delivered a profit before tax of NOK 117 million and improved cash position in the fourth quarter 2021
Norwegian today reported its fourth quarter and preliminary full year results for 2021. Passenger demand increased from the previous quarter, however, demand was negatively impacted by the outbreak of the coronavirus omicron variant. Profit before tax (EBT) was NOK 117 million, compared to a loss of NOK 16.6 billion in the fourth quarter of 2020 and a profit of NOK 169 million in the third quarter
Norwegian’s third quarter results demonstrate strong financial position leading into winter trading period
Norwegian today reported its results for the third quarter of 2021. The figures show continued positive progress following the successful completion in May of the respective reconstruction processes. Passenger demand is returning across all our markets and forward bookings remain strong leading into our summer 2022 season.
Norwegian second quarter results: Positive effect of completed reconstruction process and steady uplift of demand
Norwegian today reported its second quarter results and published the H1 2021 financial report. The results continued to be impacted by COVID-19 and travel restrictions in all markets. However, following the successful completion of the reconstruction process and the subsequent NOK 6 billion equity raise, the company is now well positioned for future growth.
Norwegian Releases Summer 2022 Schedule - Connecting the UK and Ireland to Scandinavia with 142 weekly flights
Norwegian will continue to increase flights between the UK and Ireland to destinations across Scandinavia as the airline releases the summer 2022 flying programme. All flights are now available to book offering a wide range of destinations from London, Edinburgh, Manchester and Dublin.
July Traffic Results: Increased passenger demand
Norwegian's traffic figures for July shows a continued increase in the number of passengers. Demand is driven by ease in travel restrictions, in addition to a higher level of the population being vaccinated. In July, Norwegian operated 33 aircraft, which is approx. 50 percent more than the previous month.
Norwegian offers flexible booking policy with 24 hour money-back guarantee
To meet customer demands for greater flexibility, Norwegian has changed the booking policy for cancellations and changes, allowing customers to cancel with full refund up to 24 hours after purchase.