Norwegian Air Shuttle Reports Strong February Performance and Prepares for Busy Summer

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

In February, Norwegian Air Shuttle ASA and its subsidiary Widerøe reported a total of 1,582,547 passengers, with Norwegian increasing its capacity by 14% compared to the previous year. Both airlines demonstrated strong operational performance and punctuality, which is crucial for customer satisfaction. Norwegian’s load factor slightly decreased to 84.8%, while Widerøe’s increased to 70.1%. As they prepare for the busy summer season, both airlines are experiencing strong booking momentum, indicating a positive outlook for the upcoming months.

More about Norwegian Air Shuttle ASA

Norwegian Air Shuttle ASA is a prominent airline company operating in the aviation industry, primarily offering passenger air travel services. The company focuses on providing efficient and punctual flights, with a market presence that includes both domestic and international routes.

YTD Price Performance: 3.32%

Average Trading Volume: 213,498

Technical Sentiment Consensus Rating: Buy

Current Market Cap: NOK10.48B

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