Continuing its expansionist path, Norwegian yesterday announced its commitment to an additional 12 737-800s, lifting its firm order for purchased and leased aircraft to 70 for delivery by 2014, as it reported the highest quarterly operating profit in its history. Third-quarter net profit decreased 10% to NOK374.8 million ($67.2 million) from NOK414.4 million in the year-ago period, but EBIT more than doubled to NOK475.6 million from NOK193.4 million. Revenue rose 15% to NOK2.27 billion while ...

Subscribe to Access this Entire Article

"Norwegian continues on profitable path, orders 12 more 737s" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.