Norwegian widens losses in 2018; bullish on growth-to-profitability shift

Credit: Norwegian
LCC Norwegian will slash capacity and divest 13 additional aircraft this year in a bid to stem losses, which widened to NOK3 billion ($350 million) in the 2018 fourth quarter from NOK713 million in the year-ago period. Revenue in the fourth quarter grew to NOK9.7 billion, up 23.2% from NOK7.8...
Kerry Reals

Kerry Reals is a UK-based aviation journalist with 15 years’ experience covering all aspects of the airline and aerospace sector for a variety of industry publications. She is a freelance contributor to Aviation Week & Space Technology, Aviation Daily and Air Transport World, focusing on the European airline industry, with an emphasis on how the sector is working to improve sustainability and reduce its carbon footprint.

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