Norwegian’s passenger traffic, production and number of passengers in April were heavily disrupted by the closure of European airspace due to volcanic ash. The total number of passengers flown in April 2010 was 791,371 compared to 861,530 last year, a decrease of 70,159 passengers (-8 %).
Norwegian’s passenger figures were strongly affected by the unexpected closing of European airspace in April due to volcanic ash. Close to 2 000 flights were cancelled. A total of 800 000 passengers flew with Norwegian. The company had a production growth of 13 percent compared to April last year.
Today Norwegian opened its new direct flights from Stockholm and Oslo to Helsinki, with prices from 27 Euros one way. Norwegian consequently becomes the first low-cost airline to fly these routes.
First quarter revenue up by 15 % to MNOK 1,592.2 (1,387.3).
Earnings before depreciation and leasing (EBITDAR) in the first quarter were MNOK -22.8 (48.5)
Earnings before depreciation (EBITDA) in the first quarter were MNOK -192.2 (-101.9).
Net result after tax in the first quarter was MNOK -199.1 (-109.6).
Ancillary revenue pr
Today, Norwegian announced financial results for the first quarter, showing a unit cost of NOK 0.40 ex. fuel. This represented a large cost reduction compared to the same period last year. More than 2.7 million passengers chose to travel with Norwegian in the first quarter of 2010, an increase of 28 per cent compared to the same period last year.
Norwegian is pleased that the authorities are now opening the airspace to normal flight operations and is committed to operating a normal schedule as soon as possible. The airline has put in place stringent technical aircraft inspection routines for detecting volcanic ash. These procedures were approved by the Civil Aviation Authority – Norway on Tuesday evening.
The Annual General Meeting of Norwegian Air Shuttle ASA will be held on May 11 2010 at 5:00 PM. Detailed information is enclosed to this notice.
Norwegian's Annual Report for 2009 is now available on www.norwegian.com/annualreport2009.
The total number of passengers flown in March 2010 was 1,021,063 compared to 787,003 last year, an increase of 234,060 passengers (30 %). Compared to the same period last year: - Total passenger traffic (RPK) increased by 38 % - Total capacity (ASK) increased by 34 % - The load factor was 78 %, up 3 p.p.
Norwegian continues its strong passenger growth. In March, 1 021 063 passengers chose to fly with Norwegian, a 30 percent increase from the same period last year. In line with the number of passengers and total production, the load factor improved by 3 percentage points.
We are very pleased that the Court of Appeal has ordered SAS to pay Norwegian close to NOK 175 million (approx 22 million EUR) in damages for the industrial espionage that we were exposed to, said CEO of Norwegian, Bjørn Kjos. Borgarting Court of Appeal has ordered SAS to pay damages of NOK 160 million, in addition to legal costs for the District Court and the Court of Appeal.
Borgarting court of appeals today rendered its judgment on the case between Norwegian Air Shuttle ASA and SAS Scandinavian Airlines Norge AS and SAS AB (publ.).
