Norwegian Air Shuttle 737. Photo: Courtesy, Boeing. Norwegian Air Shuttle reported a net profit of NOK189 million for 2010 ($32.5 million), down 57.6% from the NOK446.3 million it earned in 2009 despite a 21.2% increase in passengers to 13 million and a 17.6% rise in revenue to NOK8.6 billion. Operating expenses increased 24.4% to NOK7.4 billion on a 31% increase in capacity to 17.8 billion ASKs. EBIT narrowed 63.1% to NOK210.2 million from NOK571.9 million in 2009. Annual load factor ...

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