Norwegian Air's income per passenger grew in line with expectations in May while the overall growth in traffic continued to ease, the carrier's monthly traffic report showed today.
Norwegian's May yield, a measure of revenue per passenger carried and kilometres flown, rose to 0.38 Norwegian crown from 0.36 crown a year ago, as expected in a Reuters poll of analysts.
Capacity growth stood at 4% year-on-year, while analysts had expected growth of 7.7%.
The airline's load factor, showing how many seats are sold on each flight, stood at 86.1% for the month, lagging a forecast of 86.4% and down from 86.5% a year earlier.
