My Account Menu

CAPA Login


Register to trial CAPA Membership!

Norwegian Air Shuttle's losses widen in 4Q08, with demand continuing to weaken

26-Feb-2009

Scandinavia’s largest LCC, Norwegian Air Shuttle, posted a net loss of EUR17.1 million in 4Q08 (three months ended 31-Dec-08), a worsening from the EUR2.5 million net loss reported in the previous corresponding period. Norwegian’s major Scandinavian competitor, SAS, meanwhile, reported a widened net loss of EUR246.3 million in the quarter (compared to a net loss of EUR55.6 million in the previous corresponding period). [1448 words]

Unlock the following content in this report:

Subheadings:

  • Ancillary revenue an increasingly important source of income
  • International revenues exceed domestic revenues
  • Continues expansionist trend in 4Q08
  • Risk and uncertainty moving into 2009

Graphs and data:

  • Norwegian financial highlights for three months ended Dec-08
  • Norwegian EBITDAR margin: FY2004 to FY2008
  • Norwegian Air Shuttle quarterly revenues: 1Q04 to 4Q08
  • Cost per ASK development: 2005 to 2008
  • Norwegian revenue growth (domestic and international): 4Q05 to 4Q08
  • Norwegian marketshare in key domestic markets: 2005 to 2008
  • Norwegian traffic highlights for three months ended 31-Dec-08
  • Norwegian fleet growth: FY2004 to 4Q08
  • Norwegian Air Shuttle route map: Feb-09
  • Norwegian sensitivity analysis: Dec-08
Please login to continue reading or find out more about CAPA Membership below.
This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.