Norwegian reports February performance

Lauren Eldershaw
By Lauren Eldershaw March 11, 2019 15:25

Norwegian reports February performance

Norwegian carried more than 2.5 million passengers in February, an increase of 8% compared to the same month previous year. The growth is now slowing down considerably, in line with the airline’s strategy of returning to profitability.

A total of 2,517,335 passengers chose to fly with Norwegian in February. The total traffic growth (RPK) increased by 11% and the capacity growth (ASK) increased by 15%, down from 35% in February last year. The load factor was 81.5%.

“We are very pleased with the continued passenger growth in February, a month traditionally characterised by less demand. Norwegian has been through a period with significant growth, but now the company will change its strategic focus from expansion and growth to profitability. With a stronger financial position and lower cost going forward, we are well positioned to continue to attract new customers, not least in the long-haul market,” said CEO Bjørn Kjos.

Norwegian operated 99.3% of the scheduled flights in February, whereof 83.5% (up 8.8 percentage points) departed on time.

Lauren Eldershaw
By Lauren Eldershaw March 11, 2019 15:25