Norwegian reports passenger growth and a negative result in a seasonally weak first quarter
Lehdistötiedotteet • Huhti 27, 2017 08:02 EEST
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 (Norwegian crown) 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.