Norwegian Air Shuttle widens 1Q losses, leases three new Boeing 787s

Credit: Courtesy, Norwegian Air Shuttle
Budget carrier Norwegian Air Shuttle has reported a first-quarter pre-tax loss of NOK813 million ($137 million), widened from a pre-tax loss of NOK160.1 million reported for the same period last year. The airline said that, despite strong growth in passenger numbers and a high load factor, the...

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