12-Nov-2009 12:47 PM
Norwegian’s yields slip in Oct-2009; Two more LCCs for Japan?
Analysis
Norwegian Air Shuttle's shares slipped 4.1%, after the carrier reported a worsened yield estimate of NOK0.63 (EUR 7.52 cents) for Oct-2009, an 11% reduction, following a 4% reduction in Sep-2009. Oct-2009's year-on-year yield reduction marks only the fourth month of yield contractions at the carrier since Jun-2008.
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