Norwegian reports continued passenger growth in October

victoria@aviationnews-online.com
By victoria@aviationnews-online.com November 6, 2018 19:03

Norwegian reports continued passenger growth in October

Norwegian carried a total of almost 3.4 million passengers in October, an increase of 8% compared to the same month the previous year.

The total traffic growth (RPK) increased by 25% this month, driven by a 29% capacity growth (ASK). The load factor was 85%.

“We are very pleased that an increasing number of passengers choose Norwegian for their travels. The long-haul routes represent the largest growth this month and the demand is satisfactory. However, we are now entering a period of lower demand, tough competition and high oil prices, making it even more important for the company to continue reducing its costs,” said CEO Bjørn Kjos of Norwegian.

In general, the yield development is positive, but is negatively affected by the fact that the company now operates a greater number of longer flights than the same month last year. As the revenue per passenger kilometre is lower on longer flights the company’s total yield falls when the share of long-haul flights increases.

Norwegian operated 99.4% of the scheduled flights in October, of which 79.7% departed on time, up 1.4 percentage points compared to the same month last year.

Norwegian took delivery of two Boeing 737 MAX 8 this month. In total, Norwegian will take delivery of 11 Boeing 787-9 Dreamliners,12 Boeing 737 MAX 8 and two Boeing 737-800 aircraft this year.

victoria@aviationnews-online.com
By victoria@aviationnews-online.com November 6, 2018 19:03