US EditionNorwegian Air Loss Narrows on Stronger Crown, Fuel Hedges
7 Articles
7 Articles
Norwegian Air loss narrows on stronger crown, fuel hedges
Budget airline Norwegian Air Shuttle has today reported a lower than expected operating loss, helped by a strengthened Norwegian krone, jet fuel hedges and the reduced price of EU Emissions Trading System (ETS) allowances.
Norwegian narrows losses with strong Q1 performance
The Norwegian Group (Norwegian) has reported a strong set of results for the first quarter (Q1) of 2026, traditionally the weakest period of the year. The airline achieved a record first-quarter load factor of 87.6%, significantly reduced its operating losses and increased liquidity to NOK 14.2 billion. The performance reflects continued focus on cost control and solid operational execution despite an uncertain macroeconomic backdrop. Operating …
Despite both economic and political uncertainty, "we have achieved a positive evolution in the first quarter, with stable and reliable flight operations and good cost control," said Norwegian CEO Geir Karlsen. Like many other companies, he was forced to cancel flights to destinations in the Middle East because of the security situation in the region. The low-cost airline recorded a turnover of 634 million euros between January and March, 5% more…
Norwegian Air Shuttle reported a significantly lower operating loss in the first quarter than expected. Several factors cushioned the fuel price pressure caused by the Iran war.
E24
rbnett.noThe Norwegian CEO is satisfied with good cost control, but warns of an unpredictable market.
The Norwegian CEO is satisfied with good cost control, but warns of an unpredictable market.
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