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Norwegian ranked most fuel efficient airline

Norwegian Air been ranked the world's most fuel efficient major airline in a new study released on Tuesday, thanks to its growing fleet of fuel efficient Dreamliner aircraft.

Norwegian ranked most fuel efficient airline
One of Norwegian Air Shuttle's Boeing 787 Dreamliners coming into land. Photo: Creative Commons
The study, by the International Council for Clean Transportation (ICCT), found that Norwegian used the least fuel per passenger of all the 20 major non-stop transatlantic carriers, using 51 percent less than the UK's BA. 
 
According to the study Norwegian's Scandinavian rival SAS was among the three least fuel efficient carriers, along with BA and Germany's Lufthansa.  Together, the three laggards account for some 20 percent of the transatlantic air travel market.
 
Air Berlin and Ireland's Aer Lingus came in second and third in the study, which the ICCT said was intended to provide greater insight into the fuel efficiency, and therefore carbon intensity, of international flights.
 
The study, which comes ahead of a Paris conference on climate change due to start November 30, showed Norwegian Air Shuttle, the world's seventh-largest low-cost airline, averaged 40 passenger kilometres per litre of fuel.
 
By comparison, Germany's second-largest airline Air Berlin had a fuel efficiency of 35 passenger kilometres per litre.
 
It was the US-based ICCT which helped to uncover the pollution cheating scandal at German auto giant Volkswagen in September after it tested actual emissions figures for diesel cars and found some Volkswagen models to be above permitted limits.
 
Noting the fuel efficiency disparities between the carriers, ICCT said seat configuration was a key factor in the results and that the average fuel burn of the aircraft used was also significant.
 
It also noted that first class and business class seats accounted for around a third of carbon emissions but only 14 percent of overall seats.
 
“The very high fuel efficiency of Norwegian Air Shuttle demonstrates the central role of technology in reducing CO2 emissions from the aviation sector,” the ICCT concluded.
 
“Airlines that invest in new, advanced aircraft are more fuel-efficient than airlines that use older, less efficient aircraft.”

AIRLINE

Airline Norwegian posts 15 billion kroner loss after nightmare 2020

Low cost airline Norwegian has registered a loss of 14.9 billion Norwegian kroner for 2020, a year in which the company saw a drastic reduction in passenger numbers and was on the brink of bankruptcy.

A file photo of a Norwegian Air Shuttle plane in Finland.
A file photo of a Norwegian Air Shuttle plane in Finland. Heikki Saukkomaa / Lehtikuva / AFP

Low cost airline Norwegian has registered a loss of 14.9 billion Norwegian kroner for 2020, a year in which the company saw a drastic reduction in passenger numbers and was on the brink of bankruptcy.

The company published its annual results on Friday, revealing the huge operating loss.

Norwegian’s 2019 result, a loss of around 1.7 billion kroner, had put the company in a difficult position even prior to the outbreak of the Covid-19 pandemic.

The coronavirus outbreak and its consequent travel restrictions reduced the company’s passenger numbers to 6.9 million in 2020. That is 29 million fewer than in 2019.

Not all of the loss is due to fewer passengers. Around half of the company’s devaluation is attributed to a depreciation of the value of its aircraft fleet, news wire Ritzau reports.

“2020 was an exceptionally demanding year for air travel and for Norwegian,” CEO Jacob Schram said in a statement on the annual results.

“In light of that, the result for the fourth quarter (of 2020) is not surprising. Unfortunately, the majority of our employees are furloughed and many have lost their jobs – in part because of the closure of long distance services,” he added.

The company was already in debt prior to the pandemic and is now under bankruptcy protection in Ireland and is undergoing similar process in Norway.

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