Norwegian Group Reports Record 2025 Financial Results
- Joe Breitfeller
- 2 hours ago
- 2 min read
Norwegian Group has reported a 2025 financial result with an operating profit (EBIT) of NOK 3.7 billion (US $387.8 million), the highest in the history of the company.
On Friday (February 13, 2026), Norwegian Group reported their fourth quarter and full year financial results for the period ending December 31, 2025. The company reported a fourth quarter operating profit (EBIT) of NOK 21 million (2.2 million), an improvement compared to a loss in the same period last year. For the full year, Norwegian reported an operating profit (EBIT) of NOK 3.7 billion (US $387.8 million), the best result in the company’s history. At the company’s Annual General Meeting, the Board will propose a dividend of NOK 0.80/share or NOK 844 million, subject to approval.
In Friday’s announcement, Norwegian Group’s CEO, Geir Karlsen, said,
“I am pleased to present the best full-year result in Norwegian's history, which Widerøe also contributed to. – This shows that customers value our product and the service we provide. The good development means that we can now continue to pay dividends to shareholders, while at the same time continuing to invest in the future, including in one of Europe's most modern fleets.
“We are well positioned to benefit from the increased interest in travel to the Nordics. This year, we will continue our work to strengthen the product offering, reduce costs and increase efficiency. The closer cooperation between Norwegian and Widerøe, especially through a joint loyalty program and expanded route network, will further strengthen our position as a preferred airline in the Nordics.”
During the fourth quarter, the Norwegian Group carried 6.2 million passengers, of which 5.2 million were with Norwegian and 1.0 million with Widerøe, a year-over-year increase for both airlines. For the full year, the Group had a total of 27.3 million passengers, an increase from 26.4 million in 2024. The operating margin for the year ended at a record high 9.9 percent.
In October 2025, Norwegian received the first of 80 new Boeing 737-8 aircraft, ensuring one of Europe’s most modern and fuel-efficient fleets for years to come. Additionally, Norwegian launched ten new routes from Billund in Denmark, and the company won the tender to fly Denmark’s first domestic route with 40 percent SAF. For summer 2026, Norwegian expects to have a fleet of 95 aircraft.
Norwegian is a leading Nordic aviation group headquartered in Fornebu in Bærum. The company has over 8,200 employees and owns Norwegian Air Shuttle and Widerøe Flyveselskap, which was acquired in 2024. Norwegian Air Shuttle has around 4,700 team members and offers an extensive route network connecting the Nordic countries to popular destinations in Europe. In 2024, Norwegian carried over 22.6 million passengers with a fleet of 86 Boeing 737-800 and 737-8 MAX aircraft. Widerøe Flyveselskap is Norway’s oldest airline and has more than 3,500 employees. During 2024, Widerøe carried 3.8 million passengers with a fleet of 49 aircraft, including 46 De Havilland Canada Dash-8s and three Embraer E190-E2s. Additionally, Widerøe Ground Handling provides services at 41 airports in Norway.
Source: Norwegian Group
