Norwegian widens losses in 2018; bullish on growth-to-profitability shift
Credit: Norwegian
LCC Norwegian will slash capacity and divest 13 additional aircraft this year in a bid to stem losses, which widened to NOK3 billion ($350 million) in the 2018 fourth quarter from NOK713 million in the year-ago period. Revenue in the fourth quarter grew to NOK9.7 billion, up 23.2% from NOK7.8...
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