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Norwegian reports higher unit revenue, record high punctuality and higher load factor

Press release   •   Feb 06, 2020 08:00 UTC

Norwegian Boeing 737-800

Norwegian’s traffic figures for January show that the company continues to deliver on its strategy of moving from growth to profitability with significant improvement in unit revenue, load factor and record high punctuality.

Norwegian carried 1,974,606 customers in January. The planned capacity reduction and optimization of the route network continued to impact the figures positively. The punctuality for January was 87 percent which is the highest ever in a single month since 2015r. The load factor was 81 percent, up 4.8 percentage points.

“I am pleased that we continue to deliver on the strategy of moving from growth to profitability. For ten consecutive months, including January, the planned capacity reduction impacted the unit revenue and load factor positively. I am also pleased that our on-time performance continues to improve as I know how important punctuality is for our customers,” said CEO Jacob Schram of Norwegian.

“In the coming months, I look forward to working together with my dedicated colleagues on the ground and in the air to position Norwegian for a profitable and sustainable future in international aviation,” Schram added.

The company continued to reduce its CO2 emissions in January by 4 percent to 75 grams per passenger kilometre. Even with a higher share of older wetlease aircraft the company manages to reduce its environmental impact. With an average age of 4.6 years, Norwegian has one of the world’s most environmentally friendly fleets. Thanks to the young fleet, the company has reduced its per passenger emissions by 33 percent since 2009. 

Please find more information in the attached traffic report.

Norwegian is a listed company on the Oslo Stock Exchange and is one of the largest low-cost airlines in the world, operating 500 routes to 150 destinations in Europe, North Africa, Middle East, Thailand, the U.S and South America. In 2019, Norwegian carried more than 36 million passengers. Norwegian has almost 11,000 employees and a modern, more environmentally friendly fleet of more than 170 aircraft with an average age of just 3.8 years. Norwegian has been voted ‘Europe’s best low-cost carrier’ by passengers for six consecutive years from 2013-2018, along with being awarded the ‘World's best low-cost long-haul airline’ for five consecutive years from 2015-2019 at SkyTrax World Airline Awards. The company has twice been named the most fuel-efficient airline on transatlantic routes by the International Council on Clean Transportation (ICCT).

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