Norwegian reported a third-quarter net profit of NOK43.8 million ($6.6 million), a reversal of fortune from the year-ago quarter when the Scandinavian LCC lost NOK11.2 million. Operating revenue surged 77.8% to NOK589.9 million as the carrier added two aircraft to its fleet and saw a 91% increase in RPKs year over year, a 51% capacity increase to 1.033 billion ASKs and a record 86% load factor, up 17 points. Operating expenses rose 53.4% to NOK526 million compared to NOK342.9 million in ...

Subscribe to Access this Entire Article

"Other News - 11/11/2005" 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? ATWPlus@penton.com.