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Norwegian Air Shuttle ASA ( (GB:0FGH) ) has provided an announcement.
Norwegian Air Shuttle reported that the group carried 1.52 million passengers in January, with 1.24 million flying on Norwegian and 282,000 on regional subsidiary Widerøe, in a month that is typically marked by lower travel activity. Norwegian trimmed capacity year-on-year yet achieved an improved load factor of 85.8%, stronger unit revenues and a high regularity rate of 99.3%, indicating disciplined capacity management and resilient demand, particularly for flights to warmer destinations, while Widerøe posted slightly lower capacity and a weaker load factor but maintained solid punctuality and regularity despite challenging winter conditions, suggesting a stable operational platform as the group heads into the remainder of the winter travel season.
The most recent analyst rating on (GB:0FGH) stock is a Buy with a NOK19.30 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 operates as a low-cost airline group focused on short- and medium-haul routes, primarily serving the Nordic region and key European leisure and business destinations. The group now includes regional carrier Widerøe, giving it a strong presence in both domestic Norwegian traffic and international point-to-point markets.
Average Trading Volume: 4,769,677
Current Market Cap: NOK17.59B
For a thorough assessment of 0FGH stock, go to TipRanks’ Stock Analysis page.