The low-cost carrier said it was taking action on account of “continued tough competition, high oil prices and operational challenges”.
Measures include “adjusting and optimising” its route portfolio and capacity, including “seasonal adjustments for the winter.”
“Norwegian has implemented a series of cost-reduction measures to boost its financials in 2019,” said the airline in a statement, issued on Monday morning (January 7).
The announcement came as Norwegian reported its highest single-year passenger figures to date after carrying 37.3 million passengers (+13%) last year on a full-year load factor of 85.8%, down from 87.5%.
