Thursday, October 20, 2016

English with best quarter ever – E24

Norwegian Air Shuttle has Thursday morning presented its results for the third quarter. It shows a very good quarter for the airline – the best ever, according to the report from the company.

Net income for the third quarter ended on 992,5 million, an improvement of nok 160 million from the same quarter last year.

It was in advance expected a profit of 957 million, according to SME Direkt for TDN Finans.

“I am very pleased to report the company’s best quarterly result ever, and grateful that our loyal customers the world over continue to fly with us,” says ceo Bjørn Kjos in a comment.

the company’s revenues in the third quarter increased to 8.360,1 million, up from 7.276,8 million in the same period the year before.

It was expected 8.410 million.

Greater in Spain

8,6 million passengers travelled with Norwegian in the third quarter, which is an increase of 12 per cent. The largest passasjerveksten arrived in Spain, mainly driven by Spanish flights.

– The overall development is good in all markets, and the largest growth is in Spain, especially domestically. The routes between London and Paris and the united STATES are experiencing high demand, ” says Kjos.

the Number of Spanish English traveller has now exceeded the Swedish and Danish, and is the second largest passasjergruppen by nationality.

Through the period had English drunker fly. The so-called water levels ended on solid 91,3 per cent, up from 90,7 per cent.

This is for a production growth (ASK) and the growth in traffic (RPK) of 17 per cent.

It is also well worth noting that the company’s costs are on the way down. The so-called unit costs have fallen to 0,39 million, from 0,41 million a year ago.

Not including fuel came unit costs in $ 0.30 million, one cent lower than expected.

Alerts kjempevekst next year

For the time ahead, alerts the company that the costs to be down further. It “guides” the unit costs of 0,38 million for 2016 and a range of 0,38 to 0,39 million for the next year.

Further notify the company about the “satisfactory” bookingaktivitet into the fourth quarter.

For the full year estimates English a growth in production of 18 per cent, øktende with around 30 per cent in 2017.

The latter is expected to be powered by the growth in the Boeing 737 fleet, where new 738-800 and 737-MAX will be introduced. The company will according to the plan, have 21 Dreamlinere by the end of next year.

Also when it comes to the structure of the group, it can get new grip.

“English continues to establish and develop an organizational structure that will ensure cost-efficient international expansion and necessary trafikkrettigheter for the future”, writes the company.

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