Norwegian posts seventh year of profit, but margins lower than anticipated

Credit: Courtesy, Norwegian Air Shuttle
Budget carrier Norwegian Air Shuttle reported a net profit of NOK322 million ($54 million) for the financial year ended Dec. 31, 2013, down from NOK457 million for the previous year. It was the seventh consecutive year of profit for the Oslo-based airline, but managing director and CEO Bjørn Kjos...

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