Norwegian Group took several financial hits in the second qurarter, including higher fuel costs and a one-off hit from an emissions trading legal dispute.
Norwegian is entering the hotel and leisure sector via an $840 million deal to buy Nordic Leisure Travel Group, which owns Sunclass Airlines and Nordic tour operator brands.
Norwegian is fine-tuning its network across Scandinavia following a record summer season, balancing capacity while expanding in Denmark and the Baltics.
Previously, airlines in this region have performed well, but this time we’ll zoom out and see how efficiency at Finnair, Norwegian, SAS and Wideroe has changed.
Norwegian trimmed its 2025 capacity growth forecast due to delayed Boeing deliveries, but says it anticipates a “great summer” following a positive Q1.