Monday, 11 March 2019

European airline Norwegian reports passenger growth and better punctuality during February

Photo Norwegian
The award-winning low-cost airline Norwegian carried more than 2.5 million passengers in February, an increase of 8% compared to the same month the previous year, according to the latest figures released by the airline.

The airline confirmed that growth was now slowing down considerably, which is more in line with the new strategy of returning to profitability, following a period of heavy losses.

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

“We are very pleased with the continued passenger growth in February, a month traditionally characterized 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 percent of the scheduled flights in February, whereof 83.5 % (up 8.8 percentage points) departed on time an impressive improvement and welcomed by passenger groups across Europe.

In the wake of the horrendous crash of the Ethiopian Airlines 737 Max 8 crash over the weekend, killing all onboard, Norwegian has refused to ground its 737 Max 8 aircraft as a precaution, saying that “Safety is and will always be our top priority. We’re in close dialogue with Boeing and follow both their and the aviation authorities’ instructions and recommendations.”