Norwegian Air Shuttle Reports Strong Easter Traffic and Higher Load Factors

The latest announcement is out from Norwegian Air Shuttle ASA ( (GB:0FGH) ).

Norwegian Air Shuttle and its regional unit Widerøe carried a combined 2.03 million passengers in March, driven by strong Easter holiday demand and robust bookings for spring and summer. Norwegian flew 1.68 million passengers with an 87.7 percent load factor, up sharply year on year, despite slightly reduced capacity and in the face of rising fuel prices, which management aims to cushion through an active hedging strategy.

Widerøe transported 350,000 passengers with improved load factor and a notable jump in punctuality to 89.8 percent, underscoring its reliability for local communities that depend on regional air links. The solid traffic and operational metrics across the group highlight resilient demand and effective capacity management, reinforcing Norwegian’s competitive position in the Nordic market while signaling operational stability for customers and investors.

The most recent analyst rating on (GB:0FGH) stock is a Buy with a NOK20.00 price target. To see the full list of analyst forecasts on Norwegian Air Shuttle ASA stock, see the GB:0FGH Stock Forecast page.

More about Norwegian Air Shuttle ASA

Norwegian Air Shuttle ASA is a Scandinavian low-cost airline group focused on short- and medium-haul routes across the Nordics and Europe, with a growing presence on key leisure and business corridors. Through its subsidiary Widerøe, the group also serves regional and remote communities in Norway, providing critical connectivity and high-frequency domestic services.

Average Trading Volume: 8,764,722

Current Market Cap: NOK16.16B

For detailed information about 0FGH stock, go to TipRanks’ Stock Analysis page.