News

Norwegian Air ‘positive’ despite uncertainty in Europe

Tickets sold by Norwegian Air in February reached the highest level since the outbreak of the Covid pandemic in March 2020.

The airline noted a “very positive” development in future bookings and is closely monitoring the “uncertain situation in Europe, the turmoil in the financial markets and the change in oil prices” without directly mentioning the Russian invasion of Ukraine.

The disclosure came as the Scandinavian budget carrier reported that passenger numbers “remained stable” last month at 640,000 with an 81% load factor, against 61,374 in February 2021.

This came as Norway and many European countries removed entry rules and other measures and restrictions associated with the pandemic.

The airline operated a fleet of 44 aircraft in operation last month, a number set to rise to 70 this summer as network coverage is expanded to cover 280 routes to 38 destinations.

Chief executive Geir Karlsen said: “February is traditionally a month with lower travel demand, however, figures have remained comparable to the month of January.

“We are particularly pleased that our aircraft have had a load factor of over 81%.

“When travel restrictions were lifted, we immediately noticed increased demand for flights. We will have a comprehensive summer program this year to meet this demand.”

Share article

View Comments

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.