Norwegian Q3 net profit up 19%
Norwegian recorded Q3 net profit of NOK992.5m (US$121.1m), up 19% compared to a net profit of NOK832.8m in the year-ago quarter. It achieved the profit on revenue up 15% at NOK8.4b. Norwegian described the quarterly results as its “best ever.” “Overall development is good in all markets,” CE Bjørn Kjos said, singling out growth on Spanish domestic routes; Spain is now Norwegian’s second-largest market in terms of number of passengers. Capacity expressed in ASKs and revenue in RPKs kept in step with an increase of 17% each, while passenger numbers grew 12% to 8.6m compared to the year-ago period. Load factor was 91.3%, up from 90.7% a year ago. Ancillary revenue per passenger increased 10% to NOK139. So far in 2016, Norwegian has taken delivery of 3 more Boeing 787s and 14 737-800s. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-10-21/unaligned/norwegian-q3-net-profit-up-19
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Norwegian Q3 net profit up 19%
Norwegian recorded Q3 net profit of NOK992.5m (US$121.1m), up 19% compared to a net profit of NOK832.8m in the year-ago quarter. It achieved the profit on revenue up 15% at NOK8.4b. Norwegian described the quarterly results as its “best ever.” “Overall development is good in all markets,” CE Bjørn Kjos said, singling out growth on Spanish domestic routes; Spain is now Norwegian’s second-largest market in terms of number of passengers. Capacity expressed in ASKs and revenue in RPKs kept in step with an increase of 17% each, while passenger numbers grew 12% to 8.6m compared to the year-ago period. Load factor was 91.3%, up from 90.7% a year ago. Ancillary revenue per passenger increased 10% to NOK139. So far in 2016, Norwegian has taken delivery of 3 more Boeing 787s and 14 737-800s. <br/>
