Norwegian Air Shuttle ASA (GB:0FGH) has released an update.
Norwegian Air Shuttle ASA reported a robust September with passenger numbers and capacity up by 11% and 10% respectively, alongside a load factor increase to 85.2%. Despite these positive trends and a busy autumn period, CEO Geir Karlsen emphasizes the importance of cost management in the face of challenges like the ongoing Boeing strike, which is causing delivery delays and increased short-term costs. The company is exploring various options, including lease renewals, to mitigate aircraft shortages due to the strike.
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