Norwegian posts $173.9 million 1Q loss

Credit: Rob Finlayson
Low-cost carrier Norwegian’s first-quarter net loss was NOK1.5 billion ($173.9 million), widened 86% from a NOK800.1 million loss in the year-ago period. “In this quarter, we particularly see the effects of higher fuel costs combined with a strengthened krone against the British pound, euro and...

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