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Norwegian reports improved unit revenue and higher load factor in June

Press release   •   Jul 04, 2019 06:00 UTC

Boeing 787 Dreamliner

Norwegian carried almost 3.5 million passengers in June. The company’s unit revenue improved by 10 percent compared to the same month previous year.

A total of 3,475,337 passengers chose to fly with Norwegian in June; 21,948 less than the same month previous year. The total traffic (RPK) increased by seven percent, and the capacity growth (ASK) was five percent. The load factor was 91.5 percent, up one percentage point.

“The total number of passengers declined slightly in June, due to the grounding of 18 Boeing 737 MAX and less charter capacity. At the same time the number of long-haul passengers increased considerably. After taking delivery of one Dreamliner in June, we now have a long-haul fleet consisting of 36 new, more fuel-efficient aircraft. Following a period of significant expansion and investments, I’m pleased to see that the June figures show 10 percent higher unit revenue and that our growth is slowing down, in line with our strategy of moving from growth to profitability,” says CEO of Norwegian Bjørn Kjos.

Norwegian operated 99.4 percent of the scheduled flights in June, whereof 70,9 percent departed on time (unchanged compared to the same month previous year).The company’s on-time performance was impacted negatively by the grounding of 18 Boeing 737 MAX aircraft, consequently leading to more wetlease aircraft than normal.

The company took delivery of one Boeing 787-9 Dreamliner in June.

Please find more information in the attached traffic report.

Norwegian is a listed company on the Oslo Stock Exchange and is the world's fifth largest low-cost airline operating 500 routes to 150 destinations in Europe, North Africa, Middle East, Thailand, Caribbean, the U.S and South America. In 2018, Norwegian carried around 37 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 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 2015-2018 at SkyTrax World Airline Awards.

For more information, visit www.norwegian.com