News

Norwegian Air is having problems filling its planes as its fleet looks to be growing too fast. The problem appears to be that quick growth is not being matched by demand, as shown by its monthly traffic report.

The result is a drop in the share price and their fleet flying about with empty seats.

“Several of our summer routes have been extended into November, which has affected the load factor,” Chief Executive Bjoern Kjos said in a statement. “A full transition into the winter program will take place early next year, once the busy holiday season is behind us.”

The airline has recently shown incredible growth, with capacity growing 34 percent year-on-year in November and revenue-generating passenger kilometres increasing by 26 percent.

On the positive side, these empty seats should keep prices low as Norwegian try to fill their planes!

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