Norwegian Air sees Boeing 737 MAX flying again in October as second quarter beats

Norwegian Air sees Boeing 737 MAX flying again in October as second quarter beats
Copyright 
By Reuters
Share this articleComments
Share this articleClose Button

OSLO (Reuters) - Airline Norwegian Air <NWC.OL> said it expected its Boeing 737 MAX aircraft to return to service in October and lowered its growth outlook as it reported second-quarter results that beat expectations on Thursday.

It cut its target for a production growth (ASK) to 0-5%, compared to the previous guidance for 5-10%, Europe's third-largest budget carrier by passenger numbers said in a statement.

The firm's net profit came in a 82.8 million Norwegian crowns (£7.7 million) while five analysts in a Refinitiv estimate forecast a profit of 76.2 million crowns, down from a profit of 300.3 million crowns in the year-ago period.

(Reporting by Victoria Klesty, editing by Gwladys Fouche)

Share this articleComments

You might also like