Norwegian’s 2012 pre-tax profit expands to $112.4 million

Norwegian Air Shuttle (Norwegian.com) (Oslo) reported a full-year pre-tax profit of 623 million Norwegian kroner ($112.4 million), an increase of 457 million Norwegian kroner ($82.5 million), compared with 2011. According to the carrier, “2012 was characterized by high traffic growth and international expansion with many new routes and the establishment of new bases.”

Sales for 2012 amounted to 12.9 billion Norwegian kroner, an increase of 22 percent. Norwegian flew 17.7 million passengers in 2012, an increase of 2 million (13 percent). The load factor for 2012 was 79 percent, the same as last year.

In 2012, Norwegian took delivery of 13 brand new Boeing 737-800 aircraft. This year, Norwegian will continue to phase in new aircraft – 14 Boeing 737-800s and 3 Boeing 787-8 Dreamliner aircraft.

Copyright Photo: Terry Wade. Norwegian is gradually phasing out its Boeing 737-300s and many of its special aircraft schemes. The pictured Boeing 737-3S3 LN-KKY (msn 29245) in the special ACTA livery at London (Gatwick) in 2011 went to Transaero Airlines as EI-ERP.

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