Norwegian posts Q2 jump in sales, earnings

Norwegian Air Shuttle to say thank jumped 23 percent last year, the number of passengers and the cost reduction program compared to its first-quarter revenue and earnings soared.
The rapid growth of budget airlines, said profit in the quarter more than doubled over the past year, to 19.7 billion kroner ($ 32.4 million), while sales increased 27 percent to 400 million kroner ($ 6.6 million).
Norway said Thursday that three-month period, handled 5.5 million passengers, a load factor of 77% from the second quarter of 2012 increased by one percentage point.
Low cost airline headquartered in Oslo suburb, mainly in Europe, flying, but in recent months has launched a long-haul flight, North America and Southeast Asia.

PREVIOUS:Ahead of the Bell: Achillion Pharma shares slide        NEXT:US rig count up 2 this week to 1,759