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 ...

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