Norwegian posts 1Q net loss of $49.8 million

Norwegian 737-800. Courtesy, Norwegian Norwegian Air Shuttle (DY) reported a first-quarter net loss of $49.8 million, a slight improvement on its loss of $51 million for the year-ago period (ATW Daily News, April 29, 2011). DY president and CEO Bjorn Kjos said the results were due to the first...

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