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Norwegian hails impact of capacity reduction

Budget carrier Norwegian says its traffic figures for January underline the carrier’s successful move from growth to profitability.

In a trading update, the airline announced “significant improvement in unit revenue, load factor and record high punctuality”.

Norwegian carried 1,974,606 customers in January and said planned capacity reduction and optimisation of the route network continued to impact the figures positively.

Punctuality for January was 87%, the highest ever in a single month since 2015. Load factor was 81%, up 4.8 percentage points.

Chief Executive Jacob Schram said: “I am pleased that we continue to deliver on the strategy of moving from growth to profitability.

“For ten consecutive months, including January, the planned capacity reduction impacted the unit revenue and load factor positively.

“I am also pleased that our on-time performance continues to improve as I know how important punctuality is for our customers.

“In the coming months, I look forward to working together with my dedicated colleagues on the ground and in the air to position Norwegian for a profitable and sustainable future in international aviation.”

Norwegian also revealed it has continued to reduce its CO2 emissions in January by 4% to 75 grams per passenger kilometre despite a higher share of older wetlease aircraft.

With an average age of 4.6 years, Norwegian claims to have one of the world’s most environmentally friendly fleets and has reduced its per passenger emissions by 33% since 2009.

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