Braathens In The Red, Blames Competition, New Oslo Airport
Norwegian carrier Braathens posted a net loss of 321 million Norwegian crowns (US$41 million) in the first quarter of 1999, compared with a profit of 11 million crowns in the same period in 1998. The airline projected it will "most probably" end the year with a deficit. Braathens, which holds a 50%...
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