Norwegian continues to experience a considerable passenger growth in October. Close to 1.3 million passengers flew with the airline in October, a 21 percent increase compared to the same month last year. The company’s overall punctuality has improved considerably.
Today Norwegian presents a pre-tax profit of NOK 733 million, which is the best result in a single quarter in the company´s history. Compared to the same quarter last year the unit cost is significantly reduced and the number of passengers increased by as much as 25 percent.
Third quarter revenue up by 24.5 % to MNOK 2,827.9 (2,271.5). Earnings before depreciation and leasing (EBITDAR) in the third quarter were MNOK 839.9 (669.5). Earnings before depreciation (EBITDA) in the quarter were MNOK 623.6 (514.7). Net result after tax in the third quarter was MNOK 528.0 (374.8). Ancillary revenue per passenger up 5 % in the third quarter. The number of passengers i
Norwegian continues to experience a considerable passenger growth. More than 1.2 million passengers flew with the airline in September, a 20 percent increase compared to the same month last year. A strong capacity increase and the launch of typical business destinations influence the September figures.
The total number of passengers flown in September 2010 was 1,213,542 compared to 1,010,439 last year, an increase of 203,103 passengers (20 %). Compared to the same period last year: - Total passenger traffic (RPK) increased by 32 % - Total capacity (ASK) increased by 33 % - The load factor was 77 %, which is equivalent to last year.
The airline Norwegian opens a Finnish base at Helsinki’s Vantaa airport. At the same time it introduces two domestic routes and expands the current international offer from two to eleven. Three aircraft will be based in Helsinki.
The Appeals Committee of the Supreme Court has 28 September 2010 denied SAS' appeal against Borgarting High Court's judgment 16 March 2010, in which SAS was held liable to pay to Norwegian damages and costs for unlawful use of Norwegian's trade secrets. The Appeals Committee's decision was communicated to Norwegian today.
Norwegian Air Shuttle ASA has completed a sale and leaseback agreement with Bank of America Leasing Ireland Co., Limited (BALI) for two Boeing 737-800 aircraft.
The first aircraft will be delivered BALI on the 23rd of September and the second will be delivered medio October. At the date of delivery the aircraft will be leased back on an agreed dry lease agreement.
The lease periods are 10 y
The total number of passengers flown in August 2010 was 1,287,471 compared to 1,007,623 last year, an increase of 279,848 passengers (28 %). Compared to the same period last year: - Total passenger traffic (RPK) increased by 32 % - Total capacity (ASK) increased by 35 % - The load factor was 79 %, down 2 p.p.
Norwegian continued its passenger growth in August. Approximately 1.3 million passengers flew with the airline last month, an increase of 280 000 (28 per cent) compared to the same month last year.
On November 6th, Norwegian will launch weekly flights to the popular seaside resort of Agadir, Morocco from Copenhagen, Oslo and Stockholm. At the same time the airline increases its weekly flight from Oslo to Marrakech from one to two departures a week and introduces a twice-weekly offer from Stockholm and Copenhagen to Marrakech.
SAS Group har i sin Q2 presentasjon fremstilt Norwegians underliggende profitabilitet i forhold til hovedkonkurrentene feil. Norwegians resultateffekter fremstilles som over 200 millioner norske kroner (10 prosentpoeng) dårligere enn realiteten.
