Norwegian trims winter capacity after profits hold steady in third quarter

Norwegian has reduced its planned winter flight schedule as it nears the year’s end, expressing confidence in booking volumes. Despite bookings exceeding those of last year, the airline acknowledges persistent challenges related to fuel costs and yield pressure. The European low-cost carrier group, encompassing Wideroe, reported an operating profit for the third quarter. This strategic adjustment reflects a cautious approach amidst ongoing economic uncertainties impacting the aviation sector. Norwegian remains focused on maintaining profitability while navigating fluctuating market conditions and operational demands.