Norwegian reports higher unit revenue and lower CO2-emissions in 2019

posted on 7th January 2020 by Eddie Saunders
Norwegian reports higher unit revenue and lower CO2-emissions in 2019

Norwegian’s traffic figures for 2019 show that the company is delivering on its strategy of moving from growth to profitability. The planned capacity reduction and optimisation of the route network have had a positive impact on the figures. In 2019, the capacity, in terms of seat kilometre, was 1 percent higher than the previous year; a little over the previously announced zero growth. More than 36 million passengers chose to travel with Norwegian in 2019.

Overall, the unit revenue increased by 7 percent, while the on-time performance was close to 80 percent and the load factor was 86.6 percent. Thanks to the airline’s young aircraft fleet, its large share of direct flights and high load factor, CO2-emissions were reduced with four percent to 69 grams CO2 per passenger.

Just a few days into my role as CEO of Norwegian, it’s a pleasure for me to present positive traffic figures. Throughout 2019, Norwegian’s dedicated employees have made an impressive effort delivering on the strategy of moving from growth to profitability,” said Norwegian’s CEO Jacob Schram.

Throughout the year, the company has worked on reducing the capacity in line with demand and worked continuously to set a route structure adapted to the large seasonal fluctuations across the industry. At the same time, emissions are being reduced compared to previous years. The ticket sales for the next months ahead are looking good, both for business- and leisure travellers. I would like to welcome all new and loyal customers on board,” Schram continued.

I am now looking forward to getting to know the company and the employees better. In the coming weeks, my first priority will be Norwegian’s dedicated employees, as I will be visiting a number of Norwegian’s offices and bases,” said Schram.

Norwegian was awarded many international customer acknowledgements during 2019, including the highly acclaimed SkyTrax’ award as “The World’s Best Low-Cost Long-Haul Airline” for the fifth consecutive year.