Norwegian transported 2.52 million passengers in February this year, an increase of 8% compared to the same month of 2018, according to the airline, whose growth is now slowing considerably, in line with the company’s strategy to return to profitability.
The load factor stood at 81.5%, representing a decrease of 2.8 percentage points with respect to the second month of 2018. The Norwegian airline operated 99.3% of the scheduled flights in February, which 83.5% departed on time, an increase in punctuality of 8.8 percentage points.
In unit terms, the average traffic of passengers transported per kilometer increased by 11%, while the capacity was increased by 15% compared to the increase in supply of 35% applied in January. The unit income per occupied place (‘yield’) grew by 3%.
From January to February, Norwegian transferred 5.16 million passengers, 10.6% more, with an average occupancy of 78.6%. In the last twelve months (from March 1 to February 28), it added 37.84 million passengers, 13% more, with an occupancy level of 85% (-2.2 pp), after increasing by 35%. % capacity and register a 32% increase in demand.
The CEO of the company, Bjorn Kjos, said he was satisfied with the growth recorded in February, a month traditionally characterized by lower demand. “Norwegian has gone through a period of significant growth, but now the company will shift its strategic focus from expansion and growth to profitability,” he said.
“With a stronger financial position and lower costs, we are well positioned to continue attracting new customers, especially in the long distance market,” added the founder and first executive of the Norwegian company, Europe’s third “low cost” in volume of passengers.