Norwegian Air Shuttle ASA 2019 AR2
The report outlines Norwegian Air Shuttle ASA's performance and sustainability initiatives for 2019, a year marked by a strategic shift from growth to profitability. Despite operational challenges from the grounding of the Boeing 737 MAX and engine issues on the Boeing 787, the company doubled its underlying operating result to NOK 6.5 billion. On the environmental front, Norwegian improved its carbon efficiency by 4% to 69 grams of CO2 per passenger kilometer, driven by its young fleet and the implementation of fuel-saving tools like SkyBreathe. Additionally, the company became the first airline to sign the UNFCCC Climate Neutral Now pledge, committing to carbon neutrality by 2050.
Company: Norwegian Air Shuttle ASA
Sector: Transport & logistics
Country: Norway
Year: 2019
Type: AR2
Pages: 127
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Norwegian Air Shuttle ASA
Annual Report
The report outlines Norwegian Air Shuttle ASA's performance and sustainability initiatives for 2019, a year marked by a strategic shift from growth to profitability. Despite operational challenges from the grounding of the Boeing 737 MAX and engine issues on the Boeing 787, the company doubled its underlying operating result to NOK 6.5 billion. On the environmental front, Norwegian improved its carbon efficiency by 4% to 69 grams of CO2 per passenger kilometer, driven by its young fleet and the implementation of fuel-saving tools like SkyBreathe. Additionally, the company became the first airline to sign the UNFCCC Climate Neutral Now pledge, committing to carbon neutrality by 2050.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities
Net Zero Target
Employees