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Norwegian Air Shuttle ASA Reports Strong March Performance and Launches Summer Program

Story Highlights
  • Norwegian Air Shuttle ASA saw a 13% capacity increase and high punctuality in March.
  • The company launched its summer program with 350 routes and acquired ten Boeing 737-800 aircraft.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Norwegian Air Shuttle ASA Reports Strong March Performance and Launches Summer Program

Norwegian Air Shuttle ASA ( (GB:0FGH) ) just unveiled an update.

Norwegian Air Shuttle ASA reported a strong operational performance in March, with a total of 1,915,935 passengers for the group, including Widerøe. The company saw a 13% increase in capacity and maintained high punctuality, which is crucial as they begin their summer program featuring 350 routes and 19 new destinations. Additionally, Norwegian completed the purchase of ten Boeing 737-800 aircraft, enhancing its long-term growth and flexibility.

More about Norwegian Air Shuttle ASA

Norwegian Air Shuttle ASA is a prominent player in the airline industry, offering a wide range of flight services primarily across Europe. The company focuses on providing affordable air travel and has a significant market presence with a strong emphasis on operational performance and punctuality.

YTD Price Performance: 13.58%

Average Trading Volume: 300,714

Technical Sentiment Signal: Hold

Current Market Cap: NOK12.21B

Find detailed analytics on 0FGH stock on TipRanks’ Stock Analysis page.

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