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Tunniste / Q4/2017

Norwegian reports 2017 full year results influenced by global expansion, fleet renewal and extraordinary costs

Norwegian reports 2017 full year results influenced by global expansion, fleet renewal and extraordinary costs

Lehdistötiedotteet   •   Helmi 15, 2018 08:20 EET

Norwegian today reported its full year and fourth quarter 2017 results. The net loss was -299 million NOK (-£27.4 million) in 2017, while the earnings before interest, taxes and depreciations (EBITDA) was 60 million NOK (£5.5 million). Significant costs related to increased fuel prices, wet lease and passenger care affect the results.