Norwegian Air

In-line Q1; increasing sales momentum into summer

  • Sectors : Airlines
  • Companies : Norwegian Air

Ratings and price correct at time of issue.

  • Norwegian Air

    Closing Price: 1062nok

  • RATING 01/09/15

  • PREVIOUS RATING 22/01/15



Norwegian has released in-line Q1 financials with an operating loss of NOK 849m (consensus: NOK -852m). Most notably, it is seeing increased sales momentum into summer and fares “significantly up” from 2019, helping to partially offset the higher fuel bill. The full-year capacity guide (28bn ASKs) has been reiterated.

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May 13 2022, 07:50 IST/BST