Fuel drags Norwegian to $1.1 million full-year loss

A nearly 50% year-over-year increase in revenue was not enough to save Norwegian from the damaging fluctuation in fuel prices last year as the LCC slid to a NOK7.6 million ($1.1 million) full-year loss from an NOK84.6 million profit in 2007. Operating revenue soared 47.3% to NOK6.23 billion, driven...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.