Norwegian forecast to report another loss in 2018 in contrast to rest of the global airline industry

    CAPA – Centre for Aviation, in a report entitled: ‘Norwegian Air: rapid expansion & strategic innovation hasn’t led to profits yet. It needs to soon’, stated (22-Nov-2018) Norwegian Group is expected to achieve a positive operating margin in 2018, but at only 0.9% this is forecast to be “sadly low”. Moreover, the airline is forecast to report another net loss (of NOK93 million). CAPA stated: “This is in marked contrast with most of the rest of the global airline industry, which is forecast to enjoy operating margins above previous cyclical peaks in 2018 and 2019, following new highs in 2016 and 2017”. [more – original article]