The low-cost airline served almost 3.8 million passengers in a single month
European budget carrier Norwegian experienced one of the best months of its existence. The airline served 3,796,283 passengers in July – an increase of 13 per cent in comparison to the same month last year.
The carrier’s total traffic growth also increased by 33 per cent in July, driven by a 35 per cent growth in capacity. The load factor was 93 per cent network-wide, the airline said.
“It is also satisfactory that even with a strong capacity growth our load factor is high. Our capacity growth is still high, but it is not increasing as rapidly as in previous months, which is in line with our strategy.”
“We have been through a long period of strong growth and going forward we will reap what we have sown for the benefit of our customers, staff and shareholders.”
The carrier operated 99.2 per cent of scheduled flights in July, from which 67.9 per cent departed on time. The on-time performance suffered from widespread air traffic control strikes in Europe, the airline said in a statement.
In July, Norwegian was named World’s Best Low-Cost Long-Haul Airline for the fourth consecutive year and Europe’s Best Low-Cost Airline for the sixth consecutive year by SkyTrax.
— Norwegian (@Fly_Norwegian) August 6, 2018
On Friday, International Airlines Group announced their plans to sell its stake in Norwegian.
IAG, the owner of British Airways, bought 4.6 per cent of the carrier earlier this year.
However, AIG’s CEO, Willie Walsh, said: “We’re not going to keep the shares, we are not an investor.
“We bought that small stake to initiate a conversation and if that conversation is not going anywhere, as it’s not, we’re not going to hold on to those shares.”