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Norwegian Air Shuttle the best positioned Nordic carrier

Scandinavia’s largest LCC, Norwegian Air Shuttle, reported an improved yield estimate of NOK0.59 (EUR 6.80 cents) for Jul-2009, a 4% year-on-year gain, and a unit revenue improvement of 6% to NOK0.52 (EUR 6.00 cents). The LCC, which reported the most profitable second quarter in its history this year, with a net profit of EUR20.0 million, has shown that it is the best positioned Scandinavian carrier in the current global economic recession.

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