Norway's ticket prices fall for the third consecutive month – DN.no



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The Norwegian airline reported traffic figures for June Thursday morning.

They show that the company shipped 3.5 million passengers in June, against three million passengers in the same month last year. This corresponds to an increase of 14%.

The percentage of seats on board (cabin factor) was 90.5%, up 0.8 percentage points from the same period last year. Total passenger traffic (PKP) increased by 44%.

Norwegian Chief Bjørn Kjos comments on the figures as follows:

– Capacity growth remains high, but according to the strategy, it is now declining somewhat compared to previous months. After a long period of strong growth, we will soon be able to reap what we have sown, which will benefit customers, employees and shareholders. "

Ticket Prices Continue

Most Tense Financial Income

In June, revenue per passenger per kilometer (return) decreased by four percent from the same month the year before The yield in June was NOK 0.42.

Another revenue target, RASK (revenue per seat per kilometer), fell by four percent to 0.38 kroner.

Developments follow after the price level fell unusually in April, when average prices fell 16 percent from the previous year, and in May, ticket prices fell six percent. the third consecutive month of lower ticket prices for the airline

Norwegian flew 99.4% of scheduled flights in June, punctuality was 70.9%, heavily influenced by a number of airlines in Europe

Costs of failure [19659013] In recent years, the Norwegian has explained part of the decline in income levels. therefore spread over several kilometers. In June, average travel time increased by 19% over last year.

The same development, on the other hand, has not been in terms of costs, and the decline has flattened out in recent years. The cost level (CASK, cost per seat per kilometer), excluding fuel, has been virtually unchanged since the beginning of 2014, if the figures for the first quarter of this year are used.

In addition, the fuel consumption of new aircraft is generally low. (Terms)

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