The low-cost long-haul carrier Norse Atlantic has posted record financial results for February 2023, since announcing new Gatwick routes.
The airline has so far 2023 has seen new routes, a new base, and a new company president, as well as becoming the number one airline for transatlantic flights from London Gatwick.
Norse Atlantic’s Record Month
February appeared to be a good month for the 2022-launched hong haul low-cost carrier after the airline recently posted record operational results for the month.
Throughout February, Norse Atlantic saw the announcement of the full summer program and schedule, which featured six new routes from their base at London Gatwick (LGW). With that announcement, the total routes to be served from London and the U.K. is set to seven, also leaving the airline as the number one carrier to operate between the airport and the United States.
Though being part of the main achievement, the record appears after Norse Atlantic marked a milestone in ticket sales, as well as focus on ancillaries, which led to the company’s most successful month in its history.
Furthermore, Norse Atlantic continues to be on track with delivery per the previously announced business plan, and with this aims to be profitable by the end of 2023.
The company also saw a recorded aggregate load factor for the month at 50%, including the ACMI charters the company has flown. Additionally, 203 flights were operated, with 80% of the flights arriving within 15 minutes of the scheduled arrival time. This marks an improvement of 6% compared to the previous month.
Norse Atlantic also operated 98% of the flights scheduled, with three round trips canceled due to the closure of JFK’s T1, after a fire broke out.
Executive Statement
On the milestone month, Norse Atlantic CEO, Bjørn Tore Larsen, said the following:-
“We are very pleased to now be able to offer customers our full summer flight schedule. Demand since launch has been very encouraging and we expect a busy summer season. In February Norse Atlantic broke multiple revenues, ticket sales, and website visit records.”
“We are seeing strong booking volumes across our network for the summer period with flights to and from London to the US proving to be particularly popular during the peak months.”
“Our planning team is now shifting its focus from summer to winter, as our business matures and we seek longer selling windows. We look forward to sharing initial winter plans with an emphasis on sun destinations towards the end of March,”
Overall
2023 appears to be a year of going all-in for Norse Atlantic, something their new routes and total network throughout 2023 is sure to demonstrate.
With February being a record-breaking month for the airline, it could appear that the airline will experience further records broken, as peak summer season is coming upon us, although a few months away.
Regardless, Norse Atlantic looks to be on its way to a great 2023, and the airline remains optimistic about seeing profits by the year’s end.
