Norse Discloses Unit Revenue Performance In January |

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In a slight change to its monthly operating reports, Norse Atlantic Airways has begun disclosing its total revenue per available seat kilometer (TRASK) performance in January, which was up double-digits compared to January 2025.

On February 6, 2026, Norse issued its latest monthly operating report, detailing that it carried 151,237 total passengers, up 36% year-on-year (YoY). Its capacity on its own scheduled network, measured in ASKs, was up 23%, while revenue passenger kilometers (RPKs) went up 31%.

Meanwhile, ASKs and RPKs on its charter and aircraft, crew, maintenance, and insurance (ACMI) flights were both up 128%, with the airline damp leasing half of its 12 Boeing 787-9s to IndiGo, the India-based low-cost carrier.

During the first month of 2026, Norse’s ACMI block hours went up from 835 to 2,274, a 172% increase YoY.

On flights it had operated on its own network, the average load factor was an impressive 97.2%, up 6% YoY. TRASK was also up 21% YoY, and 22.9% higher than the unit revenues it achieved in Q3 2025.

In January, its regularly operated flights from Europe included departures from London Gatwick Airport (LGW), Manchester Airport (MAN), Oslo Gardermoen Airport (OSL), and Stockholm Arlanda Airport (ARN).

From the two Scandinavian airports, Norse offered direct connections to two Thai airports, Bangkok Suvarnabhumi Airport (BKK) and Phuket International Airport (HKT). From MAN, its only direct flight was to BKK during the month, while Norse’s network from LGW included Cape Town International Airport (CPT), BKK, New York John F. Kennedy International Airport (JFK), and Orlando International Airport (MCO).

Up until January 11, it also flew between Rome Fiumicino Airport (FCO) and JFK, Cirium’s Diio Mi showed.

In February, its own network will not change much, with the exception of one daily frequency being removed from LGW-JFK and added onto the LGW-MCO route.

At the same time, in February, IndiGo said that external challenges related to the airspace closures of Iran and Pakistan, with the latter’s ban applying only for India-registered or operated aircraft, forced it to adjust its European flights, operated with Norse’s 787-9s.

IndiGo will axe the Mumbai Chhatrapati Shivaji Maharaj International Airport (BOM) to Copenhagen Airport (CPH) route from February 17, potentially only temporarily, and reduce frequencies on flights to MAN and London Heathrow Airport (LHR).

Neither the Indian airline nor Norse gave any indication that the agreement to lease six 787-9s would be amended, at least for the time being. Norse has yet to report its Q4 2025 financial results.

Nevertheless, the low-cost long-haul carrier had not published its unit revenue numbers in the few months leading up to January. The change could have been made by the airline’s new leadership, with Eivind Roald becoming the new President and Chief Executive Officer (CEO) of Norse on November 28, 2025.

Roald, a former Chief Commercial Officer (CCO) at SAS, replaced Bjørn Tore Larsen, who not only was the CEO of Norse, but is also the founder of the airline. Larsen remains with the company as the Chairman of the Board.