Norwegian narrowed its first-quarter net loss to NOK109.6 million ($16.4 million) from the NOK210.8 million reported in the year-ago period as revenue rose 27.4% year-over-year to NOK1.39 billion. "The demand for travelling with Norwegian and advanced bookings has been satisfactory entering the second quarter of 2009," CEO Bjorn Kjos said, warning, however, that a slowdown in the business environment is expected. "Norwegian will closely monitor the traffic development and will make ...

Subscribe to Access this Entire Article

"Norwegian nearly halves first-quarter loss" 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.