Norwegian reported a 2007 net profit of NOK84.6 million ($15.4 million), reversed from a NOK22 million loss the prior year, as expansion and the acquisition of FlyNordic boosted its bottom line (ATWOnline, July 3, 2007). Full-year operating revenue climbed 43.7% to NOK4.23 billion against a 35.8% increase in operating expenses to NOK3.72 billion. Operating profit more than doubled to NOK504.4 million from NOK200.9 million in 2006. Norwegian flew 5.59 billion RPKs in 2007, up 32%, while ...

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