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Norwegian reports passenger growth

A Norwegian plane

After receiving take-over offers from legacy carriers, low-cost airline Norwegian has announced a staggering 14 per cent increase in passenger numbers for June.

The carrier, which rejected bids from British Airways owner International Airlines Group and reportedly received offers from Lufthansa, saw a total of nearly 3.5 million passengers in June.

New transatlantic flights from Edinburgh, Belfast, Dublin, Cork and Shannon have aided Norwegian’s growing popularity.

The carrier reported a loss in 2017, saying “extraordinary costs” led to the downturn. However, things seem to be looking up for the carrier as its global expansion continues to deliver higher passenger numbers and revenue growth.

Capacity growth (ASK) increased 43 per cent in June, while total traffic growth (RPK) was up 44 per cent. Load factor was up 0.8 percentage points to 90.5 per cent.

Norwegian blamed air traffic control strikes in Europe for its on-time performance, with only 70.9 per cent of its flights departing on schedule in June. However, it did operate 99.4 per cent of its scheduled services.

Bjorn Kjos, CEO of Norwegian, commented: “Our capacity growth is still high, but it is not increasing as rapidly as previous months, which is in line with our strategy. We have been through a long period of strong growth and going forward we will reap what we have sown for the benefit of our customers, staff and shareholders.”

norwegian.com

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