The booking figures for the summer are very positive and the company sees an increasing number of corporate travellers that wish to travel with Norwegian. Despite punctuality being slightly affected by capacity issues at several airports, Norwegian completed more than 99 percent of all scheduled flights. Even though the number of new routes launched, the load factor remained high. Norwegian initiated the summer traffic programme by late March, and the production in April was more than 50 percent higher compared to March. In a short period of time, we have increased capacity substantially, and at the same time we have improved our earnings,” said Geir Karlsen, CEO of Norwegian. This is more than a doubling from two months ago, and I am pleased to see that the demand for air travel continues to grow. “1.4 million passengers chose to fly with Norwegian in April. Norwegian’s traffic figures for April showed that Norwegian had 1.4 million passengers, approximately 50 percent more than the previous month. In addition, Norwegian is in the process of leasing an additional five 737 MAX 8 aircraft, which will bring the fleet to 85 aircraft by the summer 2023 season. Punctuality, the share of flights departing on schedule, was 88.1 percent in the first quarter of 2022, up from 87.8 percent in the previous quarter.ĭuring the quarter, Norwegian announced an agreement to lease 10 new and fuel-efficient 737 MAX 8 aircraft with delivery in the spring of 2023. We know they place high value on our attractive route network and strong on-time performance record,” said Geir Karlsen, CEO of Norwegian. I am pleased to note that our corporate travellers are starting to return to air travel.
The increase in bookings ahead of the summer season is significant, and we look forward to welcoming our customers on board the close to 280 routes we have for sale. “We have adapted to fluctuations in demand quickly and efficiently, and we have managed to protect our strong liquidity position even through a challenging period. Despite the strong growth in available seats and the high number of new routes through the quarter and into April, the company has maintained high load factor levels and has improved earnings. The load factor increased to 76.9 percent, up from 38.5 percent in the same period last year. Production (ASK) was 3.9 billion seat kilometres, while passenger traffic (RPK) was 3.0 billion seat kilometres. In the first quarter of 2022, Norwegian had 2.2 million passengers, up from 0.2 million in the same period last year. The company has continued to safeguard its cash position at a high level, NOK 7.5 billion, demonstrating the ability to adjust to market demand and discipline in conserving liquidity. 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 reported its first quarter results of 2022.
Norwegian Air Shuttle issued this report: In June, Norwegian operated an average of 68 aircraft and 99.1 percent of scheduled flights were completed. As many as 93 percent of all flights arrived on schedule or no more than an hour late.
Punctuality, as measured by the number of flights departing within 15 minutes of scheduled time, was at 70 percent in June. The capacity (ASK) was 2,924 million seat kilometres, while actual passenger traffic (RPK) was 2,482 million seat kilometres. Norwegian flew 1,937,318 passengers in June, compared to 225,509 in June 2021. The strike action amongst aircraft technicians and the following lockout was ended when the Minister of Labour announced compulsory arbitration. In June, Norwegian signed a new two-year collective bargaining agreement with the union representing the Norwegian cabin crew members and the Norwegian Pilot Union. 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.