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Norwegian airports: Avinor looks to cut costs after its 1Q2019 loss

Analysis

Norway's state-owned airport operator Avinor, which has responsibility for most of the country's airports and, to a diminishing degree, the air traffic control system, reported a small loss in the first quarter of 2019. While that is not unusual for airlines, it is a little less so for airports.

In fact, revenues did grow, and strongly in some segments. Moreover, Avinor's airports have a good reputation for customer service, despite not a great deal having been spent on them recently.

But Avinor is faced with the potential loss, for various reasons, of Norwegian and SAS services in the future, and while it is concentrating right now on cost-cutting, it might need to invest more in route development.

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