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Norwegian Air to cut winter capacity by a quarter

Air
Will Payne
26 October 2022

Norwegian Air will trim its winter capacity by a quarter after it predicted increased fuel prices and the strength of the dollar would have a "partly negative" impact on its financial results for 2022.

Norwegian Air Boeing 737 Max 8

As it heads into the winter period, the carrier will cut capacity by 25% from its fleet of 70 aircraft. It plans to increase its fleet to 85 next summer.

The move comes as the airline disclosed a third quarter pre-tax profit of NOK 910 million (£76 million), warning demand for air travel may by hit by recent high inflation and increasing tax rates.

However, it said current booking trends were "encouraging", despite visibility remaining "low" as customers continue to book travel close to date of departure.