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Norwegian Air confident of strong summer after weathering low season

Air
James Chapple
12 May 2023

Norwegian Air says it is on course for one of its strongest summers ever after reining in capacity over the winter low season to limit its first-quarter seasonal losses.

Trondheim has been named Europe’s Region of Gastronomy in 2022

The carrier, reborn during the pandemic after mothballing its long-haul operation out of Gatwick, on Friday (12 May) revealed a pre-tax loss of NOK 992 million (£74 million) and an operating loss of NOK 916 million (£68 million).


It ended the quarter with cash and cash equivalents of NOK 8.6 billion (£641 million) and an operational fleet comprising 72 aircraft. Norwegian carried 3.8 passengers during Q1, up from 2.2 million a year earlier, on a load factor of 80.9%.