The carrier said soft demand for transatlantic flights and increased expenses meant it would fall into the red again. Norse lost $135.5 million in 2024 and $168.8 million in 2023.
Announcing its third quarter results for the months of July, August and September, it said: “The company started 2025 with the ambition of delivering full year profitability subject to stable customer demand. The softer transatlantic demand in the second half and non-recurring operational expenses mean this ambition will not be realised.”
