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Norwegian reports quarterly loss of 459 million krone

Economy & businessEconomy
Key Points
  • Norwegian posted a pre-tax loss of 459 million krone in the first quarter.
  • The loss narrowed from 611 million krone a year ago, aided by currency gains and fuel hedging.
  • CEO Geir Karlsen sees solid demand but cites a complex market with political and economic uncertainty.

Norwegian reported a pre-tax loss of 459 million krone in the first quarter, according to media reports. The loss improved from 611 million krone a year earlier, helped by a stronger Norwegian krone and gains from fuel hedging, the airline said.

Chief Executive Geir Karlsen noted that general demand looks good but the company faces a complex market with economic and political uncertainty. The airline did not disclose specific revenue or passenger numbers, and the outlook for the rest of 2025 remains uncertain.

Corroborated
NRK NyheterSvenska Dagbladet
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Norwegian reports quarterly loss of 459 million krone | Reed News