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

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

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Norwegian Air Shuttle ASA ( (GB:0FGH) ) has issued an update.

In May, Norwegian Air Shuttle ASA reported a total of 2,527,517 passengers, with an increase in load factor and passenger numbers compared to the previous year. The company is preparing for a busy summer season, with strong booking momentum and a significant increase in capacity. Norwegian’s operational performance was highlighted by excellent punctuality and regularity, and the company received recognition at the Freddie Awards for its loyalty program. This positive performance and recognition are expected to enhance Norwegian’s market positioning and stakeholder confidence.

The most recent analyst rating on (GB:0FGH) stock is a Buy with a NOK14.00 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 an airline company operating in the aviation industry, primarily providing passenger air transport services. The company focuses on offering flights to over 120 destinations across Europe and beyond, with a strong emphasis on customer satisfaction and operational efficiency.

Average Trading Volume: 9,560,289

Current Market Cap: NOK14.73B

See more insights into 0FGH stock on TipRanks’ Stock Analysis page.

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