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Norwegian sees 8% reduction in yield in Jan-2011

Norwegian Air Shuttle reported a 17% surge in passenger numbers in Jan-2011, though yield fell 8% to EUR 5.60 cents and revenue per ASK fell 6% EUR 4.10 cents.

The airline's load factor gained 1% last month to 73%. Norwegian's shares were flat yesterday.

Elsewhere, easyJet fell 1.3% and Cimber Sterling fell 1.5%.

Selected LCCs' daily share price movements (% change): 08-Feb-2011

PEA