The airline said it may also need more capital investment after posting net losses of £71.6 million in the six months to 30 June 2024 on Wednesday (28 August), including a second quarter deficit of £24.1million.
During the six months, its first half, Norse achieved a load factor of 79% and average fares of £212, with another £61 in ancillary sales per passenger.
The carrier warned in July that increased competition was affecting revenue, which had fallen by 11% year-on-year following “lower than expected fare levels”.
