NORWEGIAN had NOK1.7b net income in 3Q19 (vs NOK1.3b in 3Q18) on 8% higher revenues

Stephen Costley October 25, 2019
NORWEGIAN had NOK1.7b net income in 3Q19 (vs NOK1.3b in 3Q18) on 8% higher revenues; it estimates losses of NOK300m from MAX grounding. It says it is reassessing its network and expects 10% year-over-year decrease in capacity for 2020.
Stephen Costley

Steve Costley is responsible for the overall production SpeedNews. Steve has over 30 years of experience with SpeedNews, now part of the Aviation Week Network. He joined the company in August 1989 as an Associate Editor and was named Managing Editor in 1994. He was also named Vice President and Chief Operating Officer of SpeedNews, Inc., in the late 1990s, and held those titles until Prism Business Media acquired the company from Gil Speed in 2006.

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