Norwegian reports improved unit revenue and higher load factor for slightly fewer passengers in June

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Norwegian carried almost 3.5 million passengers in June. The company’s unit revenue improved by 10 percent compared to the same month previous year.

A total of 3,475,337passengers chose to fly with Norwegian in June; 21,948 less than the same month previous year. The total traffic (RPK) increased by seven percent, and the capacity growth (ASK) was five percent. The load factor was 91.5 percent, up one percentage point.

The total number of passengers declined slightly in June, due to the grounding of 18 Boeing 737 MAX and less charter capacity. At the same time, the number of long-haul passengers increased considerably. After taking delivery of one Dreamliner in June, we now have a long-haul fleet consisting of 36 new, more fuel-efficient aircraft. Following a period of significant expansion and investments, I’m pleased to see that the June figures show 10 percent higher unit revenue and that our growth is slowing down, in line with our strategy of moving from growth to profitability,” says CEO of Norwegian Bjørn Kjos.

Norwegian operated 99.4 percent of the scheduled flights in June, whereof 70,9 percent departed on time (unchanged compared to the same month previous year). The company’s on-time performance was impacted negatively by the grounding of 18 Boeing 737 MAX aircraft, consequently leading to more wet-lease aircraft than normal.

The company took delivery of one Boeing 787-9 Dreamliner in June.

Norwegian – Jul 04, 2019 07:00 BST

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