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

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).

This CAPA Premium Analysis article is 1,434 words.

To access CAPA Premium Analysis you need a CAPA Membership

Your window into the latest insights

CAPA employs an industry-leading Analyst team based in Europe, North America, Asia and Australia who offer unique perspectives and independent and accurate commentary of critical industry developments globally. CAPA Members rely on our Analysis to unlock valuable insights and actionable intelligence to keep ahead of the game.

Big picture strategic view

Our Analysts don’t just report the news - they take a big picture strategic view of aviation dynamics, issues and trends and analyse the implications of these developments for you.

Global intelligence

The CAPA Analyst team is based globally to ensure our CAPA Members have access to independent, unique perspectives covering an entire spectrum of daily, worldwide commercial aviation developments.

Customise your Alerts

CAPA Members can use CAPA Alerts to receive daily, weekly or monthly and customised updates on our Analysis.

I'm very impressed by the factual and detailed analysis CAPA is always doing.

- CEO, Airline Member
To learn more, contact us:
Phone: +61 2 9241 3200 | Email: membership@centreforaviation.com