Norwegian reports passenger growth and a negative result in a seasonally weak first quarter
(WorldNews Norway)

Norwegian today reported its first quarter results for 2017 with a result of -1.5 billion NOK. Despite strong passenger growth, higher fuel costs, tough competition and a stronger NOK contributed to the negative result. This year`s Easter led to a shift of income over to April, as last year`s Easter was in March. The company launched 39 new routes this quarter. The net result was -1,492 million NOK, compared to -800...