Norwegian Air Shuttle (Oslo) produced a pre-tax profit of NOK 733 million ($89 million), which is the best result in a single quarter in the company´s history. Compared to the same quarter last year the unit cost is significantly reduced and the number of passengers increased by as much as 25 percent.
The company carried more than 3.8 million passengers in the third quarter, 757,000 more than the same period in 2009. The total turnover was more than NOK 2.8 billion, an increase of 25 percent. The production increased by 34 percent. The load factor was a solid 80 percent despite the considerable capacity boost. The unit cost is down six percent since the third quarter of 2009 and is now at .41 NOK including fuel.
The company´s third quarter result is also influenced by the NOK 175 million compensation paid by Scandinavian Airlines following industrial espionage.
11 brand new 737-800 aircraft have so far been delivered to Norwegian this year. In December an additional two will be delivered. These two aircraft will feature the exclusive Dreamliner interior: The Sky Interior. Next year, Norwegian increases its fleet by adding an additional 15 brand new Next Generation aircraft as more and more 737-300 aircraft are being phased out. By 2012 Norwegian will have a unitary fleet of Next Generation Boeing 737-800 with an average age of three years.
As Boeing´s Sky Interior ”Launch Customer”, Norwegian´s first aircraft featuring this exclusive interior will be delivered in early December. The new cabin will give the passengers a new in-flight experience that will enhance comfort considerably.
The aircraft that entered the fleet this fall feature a new type of brakes that reduce the total weight of the plane, consequently cutting fuel cost. Next year, improvements on aircraft and engines will further reduce fuel consumption.
Boeing 737-800 deliveries:
2010: 13 (11 delivered – 2 in December)
2011: 15
2012: 12
2013: 10
2014: 11
2015. 5
2016: 4
The last Boeing 737-300 will be retired in 2012.
Copyright Photo: Terry Wade. Please click on photo for additional details.
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