Category Archives: Norwegian Air Shuttle

Norwegian reports a 1 billion NOK (ยฃ94million) net profit and passenger growth for the third quarter

"Clara Barton", new 737-8 MAX 8, delivered August 11, 2017

Norwegianย has reported its third quarter results for 2017. The net result was 1 billion NOK (ยฃ94million), an improvement of 4 percent compared to the same quarter previous year. The load factor increased to 92 percent. The passenger development has been positive in all of Norwegianโ€™s key markets, with a significant growth in the U.S. and Spain.

The third quarter was characterised by strong international passenger growth and a high load factor, as well as fleet growth- and renewal. The company carried 9.8 million passengers, an increase of 14 per cent compared to the same quarter previous year. The US and Spain reported the highest increase in number of passengers, 79 per cent and 25 per cent respectively. The load factor increased to 91.7 per cent and the capacity growth (ASK) was 25 per cent.

In total, 10 new aircraft have entered the fleet, including 4 Boeing 737-8 MAX 8s (pictured), 1 Boeing 737-800s and 5 Boeing 787-9 Dreamliners. A new and modern fleet of aircraft combined with a high load factor reduce emissions per passenger kilometre. In the third quarter, the total emissions per passenger kilometre was reduced by 2 percent.

Strong liquidity

Norwegianโ€™s total revenue this quarter was 10 billion NOK (ยฃ940million), compared to 8.3 billion NOK the same quarter last year. The company has strong liquidity with 5.6 billion NOK (ยฃ526million) in cash at the end of the third quarter.

Norwegianโ€™s CEO Bjรธrn Kjos said: โ€œI am pleased with the passenger growth and high load factor this quarter. During our 15 years in the skies, almost 210 million passengers have chosen Norwegian. An increasing number of passengers in the US, Spain and other parts of the world considerably contribute to the growth, which proves that our global strategy is being realised.

โ€œHowever, we have had major additional costs related to wet-leasing and compensation paid to passengers affected by delays, significantly affecting the quarterly result. But looking ahead, the ticket sales are satisfactory both on established and new routes.โ€

During the quarter, Norwegian launched 14 new intercontinental routes, including Singapore, Denver and Seattle as new destinations. Other highlights included the companyโ€™s British subsidiary, Norwegian Air UK, receiving a US Foreign Air Carrier Permit and the launch of a partnership with easyJet. Together with UNICEF, Norwegian conducted a humanitarian aid flight with a brand-new Dreamliner, carrying aid for 300,000 children in Yemen. This is the fourth humanitarian flight in four years.

Copyright Photo:ย Norwegian.com (Norwegian Air International) (Ireland) Boeing 737-8 MAX 8 EI-FYF (msn 42829) (Clara Barton, American humanitarian) OSL (Ton Jochems). Image: 939114.

Benjamin Franklin to be the first American tailfin hero for Norwegian

Norwegian Air Shuttle (Norwegian.com) has started the process of “Americanizing” the tails of some of its newest aircraft despite the on-going pushback by U.S. majors and unions of their expanding lower-cost service to the United States. Norwegian issued this statement and image:

Norwegian has announced Benjamin Franklin as its first American tailfin hero. The inventor and statesman, who was often called the โ€œfirst Americanโ€ because of his tireless campaigning to unify the colonies, will adorn the airlineโ€™s newest Boeing 737 MAX aircraft. The new American hero will serve the new transatlantic routes from Edinburgh, Belfast, Cork, Shannon and Dublin to the US East Coast.

Since its founding, Norwegian has always honored iconic, historical figures on the tails of its aircraft. Each person who is featured on a tailfin embodies Norwegianโ€™s spirit of pushing boundaries, inspiring others and challenging the status quo. To commemorate Norwegianโ€™s expansion in the United States, the airline will introduce a series of American icons over the next few months. Norwegian now offers 23 direct routes to the U.S. from six airports in the UKย and Ireland.

Benjamin Franklin was born in Boston, Massachusetts and relocated to Philadelphia, Pennsylvania in his late teens where he later started a successful printing business. Additionally, he was an inventor, statesman and a leading figure in American history. Franklin is best known as one of the Founding Fathers of the United States and authors of the Declaration of Independence.

The new aircraft featuring Benjamin Franklin is Norwegianโ€™s fourth Boeing 737 MAX aircraft this year. In total, Norwegian will take delivery of two additional Boeing 737 MAX aircraft from the 110 it has on order. The airline operates one of the worldโ€™s youngest fleets with an average age of just 3.6 years.

Norwegian is Europeโ€™s third largest low-cost carrier, carrying 30 million yearly passengers to more than 140 global destinations.

In other news,ย Norwegianโ€™s first transatlantic flights using the brand-new Boeing 737 MAX took off from Edinburgh this past weekend, with British aviation maverick Sir Freddie Laker featuring as the aircraftโ€™s tail fin hero (EI-FYA) (above).

The pioneer of low-cost long-haul travelโ€™s portrait is emblazoned on the tail fin of Norwegianโ€™s brand new 737 MAX, Boeingโ€™s newest aircraft type. The Sir Freddie Laker 737 MAX departed Edinburgh for the first time on Saturday evening to Hartford, Connecticut and serviced yesterday afternoonโ€™s flight from Edinburgh to Stewart Intl. in New York.

Norwegianโ€™s brand new 737 MAX offers up to 189 seats and a longer range which allows the airline to serve smaller cities on both sides of the Atlantic and offer truly affordable fares. The airline always honours iconic figures on the tails of its aircraft, featuring personalities who reflect the spirit of Norwegian through innovation, pioneering achievement and inspiring others.

Sir Freddie Laker was born in Canterbury in 1922 andhad a long career in aviation, working for aircraft manufacturer Short Brothers, delivering military aircraft during World War Two, and setting up several airline ventures post-war. Sir Freddie was best known for founding Laker Airways and the โ€˜Skytrainโ€™ service which first took to the air in September 1977, offering flights from London Gatwick to New York JFK for the then ground-breaking fare of ยฃ59.

Laker was a popular public figure and knighted by the UK Government in 1978 for services to the airline industry. As one of the first people to challenge established airlines by applying a โ€˜low-costโ€™ model to air travel, Laker set the template for the many โ€˜low-cost carriersโ€™ that dominate modern-day aviation โ€“ his pioneering approach also coming long before the huge benefits of efficient new aircraft, the internet marketplace and more liberalised industry that modern airlines can now take advantage of.

Sir Freddieโ€™s legacy has been a clear inspiration to Norwegianโ€™s own low-cost long-haul growth which has now expanded to more than 50 transatlantic routes between Europe and the U.S. Last month, Norwegian launched 12 new routes from the UK and Ireland to the US East Coast, using the brand-new Boeing 737 MAX aircraft.

Additionally,ย Irish Antarctic explorer Tom Crean (above) has taken to the skies this weekend as a brand new aircraft featuring Norwegianโ€™s first ever Irish tail fin hero went into service for the first time.

The explorerโ€™s portrait appears on one of Norwegianโ€™s brand new 737MAX aircraft (EI-FYB) which is flying for the first time this weekend. The Tom Crean aircraft took off from Belfast International Airport on Saturday afternoon, landing in Stewart International Airport in New York last night. Earlier this morning, the aircraft landed back in Dublin Airport and will fly back to New York later on Sunday afternoon.

Norwegian has always honored iconic figures on the tails of its aircraft, featuring personalities who symbolise the spirit of Norwegian through innovation, pioneering achievement and inspiring others.

The Tom Crean tail fin appears on Norwegianโ€™s brand new 737MAX aircraft which will serve new transatlantic routes from Cork, Shannon and Dublin which began earlier this month.

Born in County Kerry in 1877, Tom Crean joined the Royal Navy aged just 15, quickly becoming recognised as an accomplished sailor. In 1901, a chance encounter with Robert Falcon Scott saw Crean join Captain Scottโ€™s ship โ€˜Discoveryโ€™ for an exploration into the unchartered Antarctica waters โ€“ it would become the first of several polar expeditions undertaken by Crean that led him to become known as one of Ireland’s greatest Antarctic explorers.

It was during one of these missions that Crean undertook his โ€˜Impossible marchโ€™ and what became recognised as the greatest act of bravery in Antarctic exploration history. Having been on the march for 1,500 miles, one of Creanโ€™s companions collapsed 35 miles from safety โ€“ Crean volunteered to go for help, completing a final 18 hour leg of the journey alone through sub-zero temperatures. Creanโ€™s solo exploits saved his companion and saw him awarded The Albert Medal for his heroism by King George. Crean would also go on to receive the Polar Medal three times for his Antarctic endeavours.

Creanโ€™s modest and humble personality meant that it is only in recent years that his extraordinary career received widespread public recognition, including a bestselling book about his life and even a Guinness TV advert created in his honour. Nicknamed the โ€˜Irish Giantโ€™ for his strength and stature as well as his leadership qualities, Crean perfectly captures the essence of Norwegianโ€™s tailfin heroes.

Images: Norwegian.

 

Norwegian becomes the first European Boeing 737 MAX 8 operator

Norwegian and Boeing on June 29, 2017 celebrated the delivery of the Norwegian’s first two 737 MAX 8s. Norwegian is the first European carrier to take delivery of the 737 MAX and will deploy the airplanes on transatlantic flights between northern Europe and the east coast of the United States.

Norwegian is the sixth largest low-cost carrier in the world and flies over 500 routes to more than 150 destinations in Europe, North Africa, the Middle East, Thailand, the Caribbean and the US. It currently operates a fleet of more than 100 Next-Generation 737-800s and over a dozen 787-8 and 787-9 Dreamliners. The Oslo-headquartered carrier also has unfilled orders for 108 737 MAX 8s and 19 787-9s.

Copyright Photo: Joe G. Walker. Boeing 737 MAX 8 EI-FYA (msn 42830).

Norwegian continues its fleet renewal

Norwegianยดs fully owned subsidiary Arctic Aviation Assets (AAA) has ordered two new Boeing 737 MAX aircraft. In addition, AAA today signed a Letter of Intent (LOI) for a sale-leaseback transaction of 11 Boeing 737-800 aircraft currently operated by Norwegian.

Norwegian has exercised its options to order two new Boeing 737 MAX aircraft that will be delivered during 2018. Following this announcement, AAA now has a firm order of 110 Boeing 737 MAX aircraft and 90 remaining purchase options.The LOI for sale-leaseback of 11 aircraft is expected to reduce the Norwegian Groupโ€™s financial net debt by approximately NOK 1.4 billion based on the currency exchange rate NOK/USD of 8.5.

On May 4, 2017, Norwegian announced the sale-leaseback of eight new Boeing 737-800 aircraft to be conducted in the second quarter. Following the sale of 19 aircraft (eight new deliveries and 11 existing), the Norwegian Group estimates a positive net cash flow impact on of approximately NOK 2.3 billion. These aircraft will be leased back to Norwegian me.

โ€œBy selling some of our older 737-800 aircraft and ordering two additional 737 MAX aircraft, we are taking another step towards replacing our current fleet with even more fuel efficient and more environmentally friendly aircraft. This allows us to enhance our operation and reap financial benefits. Norwegianโ€™s strategy is to operate and own the newest state-of-the-art fleet of aircraft, giving passengers high-quality comfort and the shareholders as high a return as possible,โ€ said Bjรธrn Kjos, CEO of Norwegian.

In other news,ย Norwegian has announced that Jonathan Swift will become its second Irish tail fin hero, with the celebrated authorโ€™s portrait to appear on the tail of the airlineโ€™s aircraft that will serve the new transatlantic routes from Cork, Shannon and Dublin to the US East Coast.

Norwegian has always honored iconic figures on the tails of its aircraft, featuring personalities who symbolise the spirit of Norwegian through innovation, challenging the norm and inspiring others. To reflect Norwegianโ€™s rapid growth and new routes from Ireland, the airline has begun a series of Irish tail fin heroes. Jonathan Swift will become Norwegianโ€™s second Irish hero, following legendary explorer Tom Crean who wasย announced earlier this year.

Born in Dublin in 1667, Jonathan Swift was a poet, author and journalist best known for his satirical novel Gulliverโ€™s Travels and for his satirical essay on the Irish famine โ€˜A Modest Proposalโ€™. Swift studied at Trinity College in Dublin before spending time in England where he wrote A Tale of a Tub published in 1704. During this time Swift also decided upon a career in the clergy and was ordained as a priest in the Church of Ireland.

His greatest known work – Gulliver’s Travels, a book of fantasy, satire, and political allegory -, was written in 1725 and published in 1726. The book was a great success and contributed to Swift’s fame and legacyย as a writer and social commentator.

The portrait of Jonathan Swift, which will be used to adorn the tail of a Norwegian aircraft, has been taken from an oil painting of the author by Charles Jervas painted in 1875. The portrait is in the collection of the National Gallery of Ireland, which will celebrate a reopening of the Historic Wings on the 15th June with a two-week summer highlight festival.

From July, Norwegian will launch aย series of new low-cost transatlantic routes from Cork, Shannon and Dublin. The flights will serve smaller airports on the US east coast which offer good access into the New York, Boston and New England areas but carry significantly lower landing charges, allowing Norwegian to offer some truly affordable fares.

Norwegian is Europeโ€™s third largest low-cost carrier, carrying 30 million yearly passengers to more than 140 global destinations.

All images by Norwegian.

Norwegian to lease two additional Boeing 787-9 Dreamliners, 787 fleet going to 42

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Norwegian has entered into a lease agreement with CIT Aerospace to lease two new Boeing 787-9 Dreamliners with deliveries in the spring of 2018. The latest agreement means that the company will have a fleet of 42 long-haul Dreamliners before 2020.

Norwegian currently has eight 787-8 Dreamliners and two 787-9 Dreamliners in the long-haul fleet.

Norwegian is also exercising eight Boeing 737 MAX 8 options. The Group already has 100 MAX 8 aircraft on order and is the launch customer for Europe.

Copyright Photo:ย Norwegian Air Shuttle (Norwegian.com) (Norwegian Long Haul) Boeing 787-9 Dreamliner EI-LNI (msn 37307) (Greta Garbo) LGW (Robbie Shaw). Image: 932746.

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Norwegian donates a Boeing 737-300 Classic to the Bodรธ Aviation Musuem

Norwegian 737-300 LN-KKW final flight arrival at Bodo (Norwegian)(LRW)

Norwegian Air Shuttle (Norwegian.com) (Oslo) retired its Boeing 737-300 Classic fleet last month. Yesterday (December 9) the carrier retired and donated Boeing 737-3K9 LN-KKW (msn 24213). A final non-revenue ferry flight was conducted to Bodรธ.

Norwegian.com logo-1 (LRW)

According to the carrier, “Yesterday morning (December 9) landed one of Norwegian’s 737-300s with the registration of LN-KKW at Bodรธ Airport in Norway (above) and thus made its last flight. Norwegian donated the aircraft to the Norwegian Aviation Museum in Bodรธ.

Norwegian 737-300 LN-KKW final flight crew (Norwegian)(LRW)

Above Photo: Norwegian. Captain Johnny Silberg and First Officer Olav Hynne sit in the cockpit of LN-KKW on its final flight.

Behind the controls of the historic flight sat Captain Johnny Silberg who has worked at the airline since 2006.

This aircraft operated 40,106 flights and spent 64,656 hours flying. The plane was part of Norwegian in 2006 when the company had 14 aircraft, 54 routes and 560 employees. Today the company has 102 aircraft, 439 routes and over 5500 employees.”

The remaining four Boeing 737-300 aircraft are parked in Budapest in anticipation of a decision on where they will end up. Norwegian has over 250 aircraft on order including 100 of the new Boeing 737 MAX and 30 of the slightly larger Boeing 787-9 Dreamliner.

Norwegian has one of the youngest fleets in the sky with an average of 3.6 years for its fleet.

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LN-KKW has had a colorful career with Norwegian carrying these two special liveries in 2007 and 2009 including Norwegian’s UNICEF special livery:

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Above Copyright Photo: Antony J. Best/AirlinersGallery.com.

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Above Copyright Photo: Stefan Sjogren/AirlinersGallery.com.

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Norwegian launches its U.S. flights to Martinique and Guadeloupe

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Norwegian Air Shuttle’s (Norwegian.com) (Oslo) inaugural flight from Boston to the French Caribbean island of Martinique will take off today, while the first flights from New York and Baltimore/Washington to Martinique and Guadeloupe also departing this week.

 

Norwegian will be the only airline to offer free WiFi and live TV service between the U.S. and Caribbean using its Boeing 737-800 aircraft, which already operate on 29 routes from the UK to Europe.

Flight information for French Caribbean routes

From New York (JFK) to Guadeloupeโ€“ 3 weekly flights
From New York (JFK) to Martinique โ€“ 3 weekly flights
Boston (BOS) to Guadeloupe โ€“ 2 weekly flights
Boston (BOS) to Martinique โ€“ 2 weekly flights
From Baltimore / Washington (BWI) to Guadeloupe โ€“ 2 weekly flights
From Baltimore / Washington (BWI) to Martinique โ€“ 2 weekly flights

Norwegian recently launched the UKโ€™s only direct flights to the Caribbean island of Puerto Rico and announced brand new low-cost flights to Boston from 2016 serviced by its state-of-the-art Dreamliner aircraft.

In other news, Norwegian retired its last Boeing 737-300 Classic in November.

Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Boeing 737-8JP LN-DYU (msn 39008) with “Wireless Internet on Board” sub-titles and the image of Jorn Utzon on the tail, arrives at Tenerife Sur.

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Norwegian orders 19 additional 344-seat Boeing 787-9 Dreamliners

Norwegian Air Shuttle (Norwegian Long Haul) (Oslo) today made this announcement:

Norwegian.com logo-1 (LRW)

Norwegian, Europeโ€™s third largest low-cost airline, is continuing to expand its international operations by signing an agreement to purchase 19 new Boeing 787-9 Dreamliners โ€“ the order will help more than quadruple its current long-haul fleet to 38 aircraft within the next five years.

The agreement is the largest single order of 787-9s in Europe and includes purchase options for an additional ten aircraft of the same type. The new order will enable the company to launch even more long-haul routes and expand its existing network in the coming years.

Norwegian already operates Dreamliner aircraft from its London Gatwick base, serving the UKโ€™s only low-cost long-haul flights to US โ€“ Dreamliners are used on services to New York, Los Angeles and Fort Lauderdale/Hollywood. A further low-cost route from Gatwick to Boston will be launched in May 2016, while next month will see the launch of low-cost Caribbean flights with the UKโ€™s only direct route to Puerto Rico โ€“ both new routes will also be served by Dreamliner aircraft.

Norwegian currently operates eight 787-8 Dreamliners and has 11 of the bigger 787-9 on order. With todayโ€™s order, Norwegianโ€™s long-haul fleet will consist of 38 Dreamliners by 2020. The first deliveries from the new order will commence in 2017.

The 787-9 complements and extends the 787 family. With a longer fuselage, the 787-9 will fly 53 more passengers than the 787-8. Norwegianโ€™s asset company, Arctic Aviation Assets Limited (AAA), will own the aircraft.

 

Norwegianโ€™s version of the 787-9 has 344 seats with 35 in premium and 309 in economy. With todayโ€™s order for 19 787-9s, Norwegian has more than 150 unfilled orders from Boeing, including 100 737 MAXs. In addition, the company has 100 Airbus A320neos on order.

In other news, on the financial side,ย Norwegian today reported its third quarter results for 2015 with a pre-tax result (EBT) of 1.1 billion NOK (ยฃ87million), a strong improvement from the same quarter previous year. The companyโ€™s long-haul operations and international routes have a positive impact on the results. The load factor is at a record high of 91 percent.
The pre-tax result was 1.1 billion NOK, a strong improvement from 505 MNOK (ยฃ43.5million) in the same quarter last year. The load factor for the third quarter was 91 per cent, up six per cent.

The airline carried 7.7 million passengers this quarter, an increase of 9 per cent. The long-haul passenger growth was 15 per cent, compared with last yearโ€™s third quarter result.

Norwegianโ€™s strongest growth in terms of passenger numbers was at London Gatwick, where the airline operates both long- and short-haul routes. The growth at Spanish airports is also considerable. In the Nordic countries passenger numbers are stable, with a slight increase in market share.

Norwegian CEO Bjรธrn Kjos said: โ€œThe third quarter results show that Norwegianโ€™s long-haul operations and international routes are becoming significantly more important. This is where we see most of the future growth potential, enabling the company to compete in a global market with strong competition.

โ€œUK activity has played a crucial role in a strong third quarter for Norwegian, with Gatwick seeing our biggest overall growth in passenger numbers. With new aircraft and new routes planned, expansion in the UK will continue to be at the forefront of our long-term plans.

โ€œWe also see growth in Europe in general, while the Scandinavian market is stable. The Scandinavian and European route networks play an increasingly important role in our long-haul strategy, as many of our passengers use connecting flights with Norwegian.โ€

The UK will be a key market in Norwegianโ€™s future expansion plans – growth and activity in the UK during the third quarter has included:

UK FLEET UPGRADED WITH NEW AIRCRAFT – Norwegian already has one of the youngest aircraft fleets in the world and Q3 has seen further new 737-800 aircraft begin operating from UK airports

Also in the third quarter, Norwegian received more international awards, including two Passenger Choice Awards. The company took delivery of five new aircraft, ordered two new Dreamliners and entered into an agreement to lease out 12 of its new Airbus A320neos, which will be delivered from 2016. Norwegian-subsidiary Arctic Aviation Assets Limited owns the aircraft and will be leasing them out for a period of 12 years.

Copyright Photo: Nick Dean/AirlinersGallery.com. Boeing 787-8 Dreamliner EI-LNA (msn 35304) is pictured at Paine Field near Everett before it was handed over to the carrier.

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Norwegian to add two additional Boeing 787-9 Dreamliners, 787 fleet going to 19

Norwegian Air Shuttle (Norwegian Long Haul) (Oslo) has entered into an agreement for the delivery of two new 344-seat Boeing 787-9 Dreamliners. This agreement means the Norwegian carrier will have a total of 19 Dreamliners in its long-haul fleet by 2018.

According to the carrier:

“Norwegian continues to build up long-haul fleet for further international growth and has entered into agreements to lease two long-haul Boeing 787-9 Dreamliners. The new aircraft are planned to enter service in the summer of 2017. Norwegian has currently eight Boeing 787-8 Dreamliners in the fleet and now another 11 Dreamliner 787-9s on order. This means that the company will have a fleet of 19 long-haul aircraft of which four will be delivered in 2016, five in 2017 and two in 2018.

 

The aircraft are leased by the Norwegian wholly owned subsidiary Arctic Aviation Assets.

Copyright Photo: SM Fitzwilliams Collection.

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Norwegian reports a second quarter profit of $56 million, load factor increases to 85%

Norwegian Air Shuttle (Norwegian.com) (Oslo) today issued its financial results for the second quarter:

Norwegian.com logo-1 (LRW)

Norwegian today reported its second quarter results for 2015. The pre-tax result (EBT) was 456 million NOK ($56.0 million), an improvement of 593 million NOK ($72.8 million) from the previous year. The load factor for this period was 85 percent with strong progress in all of Norwegianโ€™s markets. This also applies to the long-haul operation, where the load factor was over 90 percent and the passenger number has more than doubled since the same period last year.

The load factor for the second quarter was 85 percent, up five percentage points from the same quarter last year. Norwegianโ€™s long-haul operation had an even higher load factor of 91 percent. During the second quarter, the airline carried 324,000 passengers on its long-haul network. This means that passenger figures for the long-haul operation has more than doubled since the same period last year, where the passenger number was 139,000. Norwegian currently operates 434 routes in Europe, USA and Asia โ€“ 21 of which are long-haul routes. All in all, Norwegian has 28 long-haul destinations for sale, with more to come within just a few weeks, including London Gatwick โ€“ Boston.

During the second quarter, Norwegian took delivery of a new 787 Dreamliner and two Boeing 737-800 aircraft. Today, Norwegian has a long-haul fleet of eight Dreamliner aircraft. Four more Dreamliners will be added to the fleet next year; all of which will be a bigger version of the ones Norwegian operates today.

Solid growth in all markets

Seven million passengers chose to travel with Norwegian in the second quarter โ€“ an increase of nine percent. Norwegianโ€™s strongest growth in terms of passenger numbers was at London Gatwick, with Oslo Airport as a close runner up. The Spanish airports are also experiencing a solid rise in number of Norwegian-passengers. During this quarter, Norwegian has launched domestic routes in Spain, new routes to the Caribbean, as well as new routes between the Caribbean and the cities of Boston, New York and Washington DC.

Despite a weak Norwegian krone, the unit costs are down, ensuring the company’s competitiveness in the future. The fuel prices have decreased, which more than outweighs the effects of a weak Norwegian krone. New aircraft consume considerably less fuel than older aircraft, which gives Norwegian a significant competitive advantage. Norwegian boasts one of the worldโ€™s youngest aircraft fleets with an average age of just four years.

During the second quarter, Norwegianโ€™s total revenue was almost 5.9 BNOK, up 16 percent from the same quarter last year. Norwegianโ€™s long-haul routes had a revenue growth of 60 percent. Norwegianโ€™s production growth (ASK) for this quarter was 8 percent, while the companyโ€™s traffic growth (RPK) was 15 percent, which reflects that each of Norwegianโ€™s passengers on average flies significantly longer than they did before. In addition, more and more passengers are purchasing optional extras on board.

Copyright Photo: Keith Burton/AirlinersGallery.com. Norwegian is phasing out the last of the older and less fuel efficient Boeing 737-300s. The last of the type is expected to be retired at the end of the current summer season. Boeing 737-31S LN-KHB (msn 29264) is pictured departing at Southend.

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