Airlines

Norwegian reports higher load factor and unit revenue in October

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Norwegian’s traffic figures for October shows an increased unit revenue for the seventh consecutive month and was up six percent compared to the same month previous year. The load factor was up by more than two percent.

A total of 3,118,722 passengers chose to fly with Norwegian in October. The total traffic (RPK) was down three percent and the capacity growth (ASK) was down five percent, in line with the strategy. The load factor was 87.1, up 2.1 percentage points.

“We are pleased that our unit revenue continued to increase in October, that our load factor is higher and that our punctuality is up. We have adjusted our route portfolio and capacity for the coming winter season to ensure that we are well positioned to meet the actual demand. The figures show that we continue to deliver on our strategy of moving from growth to profitability,” said Acting CEO and CFO of Norwegian, Geir Karlsen.

The company continues to reduce its CO2 emissions in October with 67 grams per passenger kilometre, a reduction of 8.5 percent compared to the same period last year. With an average age of 3.8 years, Norwegian has one of the world’s most environmentally friendly fleets. Thanks to this, the company has reduced its per passenger emissions by 30 percent since 2008.

Norwegian operated 99.7 percent of the scheduled flights in October. 83.3 percent departed on time, up 3.6 percentage points. The use of wetlease aircraft in October affected the on-time performance negatively.

Norwegian in the UK and Ireland:

  • Norwegian carries almost 6 million UK passengers each year from London Gatwick, Edinburgh and Manchester Airports to 30 destinations worldwide
  • Norwegian is the third largest airline at London Gatwick, with 4.6 million yearly passengers, and with more than 1,500 UK-based pilots and cabin crew
  • In 2014, Norwegian introduced the UK’s first low-cost, long haul flights to the U.S. – the airline now flies to 11 U.S destinations, Buenos Aires and Rio de Janeiro from London Gatwick
  • Norwegian is the only airline to offer free inflight WiFi on UK flights to more than 30 European destinations and 13 long-haul destinations.
  • The airline has one of the youngest aircraft fleets in the world with an average age of 3.8 years, including next-generation Boeing 787 Dreamliner, Boeing 737 MAX and Boeing 737-800s
  • Norwegian has been voted ‘Europe’s best low-cost carrier’ by passengers for six consecutive years at SkyTrax World Airline Awards from 2013-2018, along with being awarded the ‘World’s best low-cost long-haul airline’ in 2015, 2016, 2017, 2018 and 2019
  • Norwegian Reward is the airline’s free to join award-winning loyalty programme offering members CashPoints and Rewards that reduce the cost of Norwegian flights
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