An increasing number of passengers choose to fly with Norwegian. The company carried a total of almost 3.4 million passengers in October, an increase of 8 percent compared to the same month the previous year.
Norwegian carried3,388,898 passengers in October, an increase of 240,387 passengers (8 percent) compared to the same month last year. The total traffic growth (RPK) increased by 25 percent this month, driven by a 29 percent capacity growth (ASK). The load factor was 85 percent.
“We are very pleased that an increasing number of passengers choose Norwegian for their travels. The long-haul routes represent the largest growth this month and the demand is satisfactory. However, we are now entering a period of lower demand, tough competition and high oil prices, making it even more important for the company to continue reducing its costs,”said CEO Bjørn Kjos of Norwegian.
In general, the yield development is positive, but is negatively affected by the fact that the company now operates a greater number of longer flights than the same month last year. As the revenue per passenger kilometer is lower on longer flights the company’s total yield falls when the share of long-haul flights increases.
Norwegian operated 99.4 percent of the scheduled flights in October, of which 79.7 percent departed on time, up 1.4 percentage points compared to the same month last year.
Norwegian’s fleet renewal program continues in 2018. The company took delivery of two Boeing 737 MAX 8 this month. In total, Norwegian will take delivery of 11 Boeing 787-9 Dreamliners,12 Boeing 737 MAX 8 and two Boeing 737-800 aircraft this year. With an average age of only 3.7 years, Norwegian’s fleet is one of the world’s “greenest” and most modern. The single most important action an airline can take to reduce its environmental footprint, is to invest in new aircraft and new technology.
Please find traffic figures report in the attached pdf.
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 2017, Norwegian carried around 33 million passengers. Norwegian has almost 10,000 employees and a modern, environmentally friendly fleet of more than 150 aircraft with an average age of 3.7 years. Norwegian has been voted ‘Europe’s best low-cost carrier’ by passengers for five consecutive years at SkyTrax World Airline Awards from 2013-2017, along with being awarded the ‘World's best low-cost long-haul airline’ in 2015, 2016 and 2017.
For more information, visit www.norwegian.com