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Norwegian Group posts record profits for third quarter 2025

Norwegian Group
© Norwegian

For the third quarter 2025, the Norwegian Group has posted a profit before tax (EBT) of NOK 2,891 million and an operating profit (EBIT) of NOK 3,071 million.

The period also marked key milestones. The company paid its first-ever dividend in August and confirmed the purchase of 30 additional new Boeing aircraft.

During the quarter, the Norwegian Group achieved an operating margin of 25.1%. Liquidity stood at NOK 10.5 billion at the end of the period, reflecting stable financial performance despite market challenges.

Passenger numbers reached 8.41 million, including 7.28 million with Norwegian and 1.12 million with Widerøe. Norwegian recorded a load factor of 88.3%, slightly higher than last year, while Widerøe’s load factor stood at 77.5%. Capacity increased by two percent for Norwegian and three percent for Widerøe.

Operational performance remained solid. Widerøe completed 98.2% of scheduled flights with punctuality at 91.8%. Norwegian operated 99.3% of flights with punctuality improving to 77.8%, up 3.6 percentage points year on year.

Fleet renewal continues to be a key focus. Norwegian expanded its Boeing order by exercising options for 30 additional 737 MAX 8 aircraft. This brings the total firm order to 80 aircraft.

Chief Executive Geir Karlsen said the move reinforces the airline’s long-term strategy. “By exercising the Boeing purchase option, we maintain flexibility while reinforcing our commitment to operating one of Europe’s most modern and fuel-efficient fleets,” he said. “This is an important step in our ongoing fleet renewal programme, and we are very pleased to further strengthen our long-term partnership with Boeing.”

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