{"id":238664,"date":"2021-10-29T06:59:00","date_gmt":"2021-10-29T04:59:00","guid":{"rendered":"https:\/\/www.travelreport.se\/?p=238664"},"modified":"2024-02-02T12:51:33","modified_gmt":"2024-02-02T12:51:33","slug":"norwegian-rises-in-oslo-after-narrowing-losses","status":"publish","type":"post","link":"https:\/\/www.travelreport.se\/en\/norwegian-stiger-i-oslo-efter-minskad-forlust\/","title":{"rendered":"Norwegian rises in Oslo after narrowing loss"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Norwegian Air shares were up about 3 percent about an hour into trading on Thursday after the company reported its third-quarter results. Demand for air travel is now increasing in all of Norwegian&#039;s markets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201d&quot;The third quarter results clearly show that the measures we have implemented to secure the company&#039;s future have been successful in reducing the company&#039;s debt, while improving cost efficiency. We are also experiencing a positive trend in bookings for future travel. More and more passengers are choosing to book Norwegian&#039;s route network in Europe. It is a financially strengthened Norwegian that is now facing a typically demanding winter season,&quot; says Norwegian&#039;s CEO Geir Karlsen in a press release.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Earnings before tax (EBT) amounted to NOK 169 million, equivalent to just over SEK 172.5 million, compared to a loss of NOK 980 million in the same period in 2020. During the third quarter, almost 2.5 million passengers traveled with Norwegian, compared to just one million in the same period last year. Capacity increased by 130 percent and passenger traffic increased by 177 percent compared to the third quarter of 2020.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Norwegian&#039;s adjusted EBITDA came in at -305 million Norwegian kroner, which was a smaller loss than the comparable quarter last year, when the figure landed at -401 million Norwegian kroner.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Source: Nyhetsbyr\u00e5n Direkt<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The share initially rose by around SEK 10 but was up around 3 percent at the end of the first trading hour.<\/p>","protected":false},"excerpt":{"rendered":"<p>Flygbolaget Norwegian Airs aktie handlades upp med omkring 3 procent cirka en timme in p\u00e5 handelsdagen p\u00e5 torsdagen, efter rapporten f\u00f6r det tredje kvartalet. Efterfr\u00e5gan p\u00e5 flygresor \u00f6kar nu p\u00e5 samtliga av Norwegians marknader. \u201dResultatet f\u00f6r tredje kvartalet visar\u00a0tydligt att \u00e5tg\u00e4rderna vi har genomf\u00f6rt f\u00f6r att s\u00e4kra f\u00f6retagets framtid har lyckats genom att vi har [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[291,590],"class_list":["post-238664","post","type-post","status-publish","format-standard","hentry","category-travel-report","tag-norwegian","tag-oslo"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Norwegian stiger i Oslo efter minskad f\u00f6rlust &#8211; Travel Report<\/title>\n<meta name=\"description\" content=\"Norwegian stiger i Oslo efter minskad f\u00f6rlust \u2013 L\u00e4s senaste nyheterna fr\u00e5n resebranschen p\u00e5 Travel Report.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.travelreport.se\/en\/norwegian-rises-in-oslo-after-narrowing-losses\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Norwegian stiger i Oslo efter minskad f\u00f6rlust &#8211; 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