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Norwegian Air Shuttle Shows Strong Passenger Growth and Prepares for Busy Summer
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Norwegian Air Shuttle Shows Strong Passenger Growth and Prepares for Busy Summer

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

Norwegian Air Shuttle ASA’s passenger numbers rose notably in January, with a 12% increase for Norwegian and a 19% increase for Widerøe compared to the previous year. Despite a slight decline in punctuality attributed to winter weather, the company expanded its capacity significantly and plans to focus on cost efficiency and improved capacity utilization in 2025. The group is gearing up for a busy summer season with the addition of new aircraft and routes, reflecting strong customer demand.

More about Norwegian Air Shuttle ASA

Norwegian Air Shuttle ASA, a leading airline group in Norway, operates in the aviation industry providing air travel services. Together with its subsidiary Widerøe, it serves a significant portion of the Norwegian air travel market, offering a wide range of routes and destinations.

YTD Price Performance: -5.00%

Average Trading Volume: 205,813

Technical Sentiment Consensus Rating: Buy

Current Market Cap: NOK10.02B

Find detailed analytics on 0FGH stock on TipRanks’ Stock Analysis page.

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