Norwegian Air Shuttle reported a 28% increase in third-quarter net income and aims to further prioritize profitability over expansion through a joint venture (JV) with a Chinese company that will finance, own and lease aircraft the carrier has on order. The long-haul LCC posted a net profit of NOK1.67 billion ($184 million) for the quarter, up from NOK1.3 billion in year-ago period. As it reported the results, Norwegian also announced the JV with China Leasing International Corp. ...

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