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Jul 11 2025, 07:13 IST/BST
Norwegian Air
Record unit revenues and strong demand outlook for summer
- Sectors : Airlines
- Companies : Norwegian Air
DAVY VIEW
Norwegian Air reported a Q2 profit before tax (EBT) of NOK1055m, 18.5% ahead of consensus. Unit revenues for the group were up 10% while unit costs were up 7%, resulting in operating margin expansion to 12.2% (up from 6.4% last year). The airline has observed continued strength in forward bookings with tickets sold +9% for the July to October period and yield up year-on-year (yoy) on tickets sold. A dividend of NOK0.90 per share is to be paid in August.
