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Analysts predict a half-billion deficit for Norwegian. However, the airline could post an after tax profit of NOK 300.3 million in the second quarter of 2018, compared to NOK 690.9 million for the same period last year.
Operating income amounted to NOK 10,227 million compared to NOK 7,775 million in the second quarter of 2017. The consensus of the analysts was NOK 10,514 million.
– It is nice to have a good result despite reduced costs this quarter. In the future, growth will slow down and we will reap what we have sown, which will benefit customers, employees and shareholders, says CEO Bjørn Kjos in a message.
Hogne I. Tyssøy's management in Holberg Funds, which has closely followed 15 years, is optimistic about profits for the Norwegian.
– If she makes a major financial transaction, by selling many of the older aircraft, I think it's possible, says Tyssøy to DN.
Kjos said Thursday that the plan is to sell more older planes during the year.
– We must believe Kjos that there is a good market for these planes. If you sell enough aircraft, this will generate huge revenues and can dramatically change the debt ratio in the balance, "said Tyssøy in the newspaper.
– We Do not Negotiate 140 flights at a time, but sales of some aircraft are likely to occur, says Finance Director Geir Karlsen at DN
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