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Norwegian soars to record second-quarter profit

Norwegian Air Shuttle reported consolidated net profit of NOK180.2 million ($27.6 million) in the second quarter, an impressive reversal from the NOK62.2 million loss incurred in the year-ago period.

"I am very pleased with the company's performance. Despite operating in an industry facing large economic challenges, we deliver the most profitable second quarter in the company's history," CEO Bjorn Kjos said, noting that the carrier's "competitive cost base enables us to be profitable across our whole route network."


 

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.