Norwegian Air Shuttle 737-800. Photo: Courtesy, Boeing. Norwegian Air Shuttle said that high oil prices “strongly contributed” to a first-quarter net loss NOK293.2 million ($55.3 million), widened from a NOK199.1 million deficit in the year-ago period. Its fuel bill heightened 41% compared to the March 2010 quarter to NOK561.3 million, though the increase is in part owing to a 28% year-over-year rise in capacity. “This has been a challenging quarter, primarily due ...

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