Norwegian Air Shuttle reported its first quarter 2026 results, showing a record-high load factor for the airline of 87.6 percent, up 5.2 percentage points from the prior year. The Norwegian Group carried 5.2 million passengers, with 4.2 million on Norwegian flights and 0.9 million on Widerøe services.
Capacity measured in available seat kilometers decreased 6 percent for Norwegian and 2 percent for Widerøe. Widerøe achieved a load factor of 70.2 percent. Profit before tax stood at negative NOK 459 million, reflecting a lower operating loss compared to the previous year. Group liquidity rose to NOK 14.2 billion.
The results were released on April 28, 2026, with a live presentation following. Following the announcement, Norwegian Air Shuttle’s stock rose 3.58 percent. Market expectations centered on operational metrics such as RASK and CASK, amid focus on fuel costs and leverage in the seasonally weak quarter.