Norwegian Remains Bullish Despite Losses, Capacity Cuts
Credit: Rob Finlayson
LONDON—LCC Norwegian will slash capacity and divest 13 additional aircraft this year in a bid to stem spiraling losses, which widened to NOK3 billion ($350 million) in the fourth quarter of 2018. The airline is targeting a net profit in 2019 and insists its strategy shift from growth to...
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