Low-cost carrier (LCC) Norwegian has reported a first-quarter net loss of NOK800 million ($96 million), widened from a net loss of NOK538.3 million a year ago. Revenue for the period was up 23% at NOK4.96 billion, compared to NOK4.03 billion last time. Fast-expanding Norwegian, which has a large European short-haul network and an increasing number of long-haul—primarily transatlantic—sectors saw ASKs rise 17% in 1Q to 11.8 billion. However, passenger numbers more than kept pace, ...

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