Norwegian Net Loss Deepens On MAX Grounding, 787 Engine Issues

aircraft
Norwegian Boeing 737 MAX 8
Credit: Joe Pries
LCC Norwegian’s full year financial performance tumbled further in 2019, despite the airline’s switch in focus from expansion to profitability. Norwegian reported a net loss of NOK1.61 billion ($174 million) for 2019, deepened from a loss of NOK1.45 billion for the previous year. Revenue was up 8%...

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