Norwegian Second Quarter Results 2010
SECOND QUARTER AND FIRST HALF REPORT 2010
-
-
Norwegian cuts costs, boosts competitiveness
Norwegian carried 3.2 million passengers in the second quarter – a 15 percent growth compared to the same period last year. The airline’s total revenue came in just above 2 billion NOK, a 7 percent increase. The net result after taxes of -134 million NOK was strongly influenced by the Authorities’ closing of the European airspace this spring.
-
Norwegian reports yet another passenger record
Norwegian reports its best passenger figures ever in June. More than 1.2 million passengers flew with the airline last month. The company had a passenger growth of 25 percent compared to June 2009.
-
Norwegian's Traffic Figures June 2010
The total number of passengers flown in June 2010 was 1,224,958 compared to 976,836 last year, an increase of 248,122 passengers (25 %). Compared to the same period last year: - Total passenger traffic (RPK) increased by 30 % - Total capacity (ASK) increased by 32 % - The load factor was 77 %, down 2 p.p.
-
Norwegian continues its expansion in Sweden
Norwegian continues its expansion in the Swedish market as a ninth aircraft will be based at Stockholm’s Arlanda airport in September. As a result Norwegian will double its capacity from Stockholm Arlanda to London and Helsinki in addition to increasing its number of daily flights to Copenhagen from five to six.
-
Norwegian's Traffic Figures May 2010
The total number of passengers flown in May 2010 was 1,185,373 compared to 946,082 last year, an increase of 239,291 passengers (25 %). Compared to the same period last year: - Total passenger traffic (RPK) increased by 37 % - Total capacity (ASK) increased by 38 % - The load factor was 77 %, which is equivalent to last year
-
Norwegian reports passenger record in May
Norwegian reports the highest passenger number ever in May. Close to 1.2 million passengers flew with the airline last month. The traffic figures show that air travel is back to normal after European Authorities closed major parts of European airspace in April. The company had a passenger growth of 25 percent compared to May 2009.
-
Norwegian's Traffic Figures April 2010
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 %).
-
April traffic figures: Norwegian strongly affected by closed European airspace in April
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.
-
New routes open today from Stockholm and Oslo to Helsinki
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.
-
Norwegian First Quarter Results 2010
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 -
Norwegian cuts costs – strengthening its competitive position
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.
Show more
Loading...