Norwegian today announced a loss of US$180 million for Q4, double the loss expected by the analysts.
For full year 2017 the loss was US$ 138 million.
Article in Norwegian only
https://www.dn.no/nyheter/2018/02/15/0701/Luftfart/milliardunderskudd-for-norwegianGoogle translate:
The Norwegian airline reported a loss before tax of NOK 1.43 billion on Thursday morning for the fourth quarter last year. In advance, analysts had expected a loss of NOK 771 million, according to TDN Finans. Estimates of eight analysts were a loss of between NOK 600 million and NOK 1 billion. Thus, the result was significantly worse than even the most pessimistic analyst had feared.
Revenues totaled NOK 7.84 billion in the quarter. In advance it was expected 7.7 billion kroner. The fourth quarter is always the seasonally weakest in an airline industry, where results vary a lot. But there is no excuse for the loss in Norwegian, for the whole of last year was a weak year. 2017 ended with a loss before tax of NOK 1.07 billion.