Gatwick airline posts soaring profits

The company reported net profit was NOK 993 million (�99 million)

The company reported net profit was NOK 993 million (�99 million)

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Gatwick-based airline Norwegian today announced its best quarterly results ever

The company reported net profit was NOK 993 million (£99 million), an improvement of NOK 160 million compared to the same quarter the previous year.

In the third quarter, Norwegian carried 8.6 million passengers, an increase of 12 percent. Norwegian’s strongest growth in terms of passengers was in Spain, primarily driven by Spanish domestic routes. Spain is now the second largest market for Norwegian in terms of passenger figures.

The number of American passengers is also increasing. During the third quarter, Norwegian commenced flights between Paris and several U.S. cities and announced new routes between Barcelona and the U.S.

So far this year, Norwegian has taken delivery of three new Boeing 787 Dreamliners and 14 new Boeing 737-800s. With an average age of 3.6 years, Norwegian has one of the world’s most modern and fuel-efficient fleets.

“I am very pleased to report Norwegian’s best quarterly result ever and grateful that our loyal customers worldwide continue to fly with us. The overall development is good in all markets, and the biggest growth is in Spain, particularly on domestic routes. The routes between London and Paris and the U.S. are in high demand,” said Norwegian’s CEO Bjørn Kjos.

“Happy customers are crucial and good feedback from industry colleagues is great. Without all of the dedicated and talented people working for Norwegian, this would not have been possible,” Kjos added.

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