Norwegian with a minus of 1.2 billion in 2019

the Grounding of flights with the aircraft type, the Boeing 737 MAX has been an expensive place for the Norwegian, who comes out of 2019, with a minus of 1.2 bi

Norwegian with a minus of 1.2 billion in 2019

the Grounding of flights with the aircraft type, the Boeing 737 MAX has been an expensive place for the Norwegian, who comes out of 2019, with a minus of 1.2 bi

Ann McDonald
Ann McDonald
13 February 2020 Thursday 13:00
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Norwegian with a minus of 1.2 billion in 2019

the Grounding of flights with the aircraft type, the Boeing 737 MAX has been an expensive place for the Norwegian, who comes out of 2019, with a minus of 1.2 billion Danish kroner.

It shows the company's financial statements.

It is similar to the Norwegian last year was more than three million Danish kroner in deficit daily.

the Result of 2019 is a deterioration of a little over 100 million, compared with 2018.

the Ban has been in force since march last year and is due to the type of aircraft in 2018 and 2019, was involved in two fatal air crashes in Indonesia and Ethiopia, which claimed the lives of 346 people.

Authorities are now investigating the case. It is unknown as to when the MAX-planes can once again be on the wings.

Norwegian writes in his accounts, to the hope that the aircraft is back on the wings in september.

in addition to the MAX-planes are Norwegians a result also the pressure that there has been engine problems on the company's Dreamliner aircraft.

The Norwegian airline has, through 2019 has been started with a large austerity program, as Norwegian after a long number of years, with the hot-headed growth struggled with the pressure results, and a tough debt.

The overall goal has been that the focus should be switched from growth to profitability.

It has been closed routes and bases, the aircraft has been sold, and deliveries are delayed.

It has cut 1.7 billion dollars of the costs in the year, but has not been enough to ensure a profit.

It is, despite the fact that revenue last year rose by eight percent to 32.4 billion crowns.

For 2020 expect Norwegian to be able to turn the red figures to a profit. It is based on more savings - including to the number of the offered tickets will be cut by 13-15 percent.

in Addition to the expectations based on the carrier to land an agreement on compensation with Boeing for the problems with the Max-planes.

Updated: 13.02.2020 13:00
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