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Norwegian reports improved unit revenue and on-time performance in May

Press release   •   Jun 06, 2019 06:00 UTC

Boeing 787 Dreamliner. Photo: Jørgen Syversen.

Norwegian carried almost 3.4 million passengers in May. The company’s on-time performance improved for the ninth consecutive month.

A total of 3,362,413 passengers chose to fly with Norwegian in May; 59,047 less than the same month previous year. The total traffic (RPK) increased by four percent, and the capacity growth (ASK) was four percent. The load factor was 86.1 percent, down 0.4 percentage points.

“With 18 Boeing 737 MAX grounded, we carried fewer passengers in May compared to the same month last year. However, our customers travel longer distances and we see an improved unit revenue. Following a period of significant expansion and investments, the figures show that our growth is slowing down, in line with our strategy of moving from growth to profitability. I’m also pleased to see that our on-time performance continues to improve,” says CEO of Norwegian Bjørn Kjos.

Norwegian operated 99.3 percent of the scheduled flights in May, whereof 81 percent departed on time (up 3.7 percentage points).

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

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 four consecutive years from 2015-2018 at SkyTrax World Airline Awards.

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