Norwegian 3Q net profit up 18%; slows down growth

Credit: Rob Finlayson
Long-haul LCC Norwegian Air Shuttle warned that high oil prices and a strong dollar would affect the entire aviation industry as it reported a third-quarter net profit of NOK1.3 billion ($156 million), up 18% compared to NOK1.1 billion in the year-ago quarter. Revenue for the quarter rose 33% to...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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