ADVFN - Advanced Financial Network.
HOME» NYSE » B » BA Stock Price » BA Stock News

Boeing Share News

 Boeing Co. (the) Stock Price
BA Stock Price
 Boeing Co. (the) Stock Chart
BA Stock Chart
 Boeing Co. (the) Stock News
BA Stock News
 Boeing Co. (the) Company Information
BA Company Information
 Boeing Co. (the) Stock Trades
BA Stock Trades

Norwegian Air Loss Narrows In First Quarter

DOW JONES NEWSWIRES OSLO (Dow Jones): Airline Norwegian Air Shuttle ASA (NAS.OS) said Thursday its net loss narrowed in the first quarter compared with a year earlier, adding demand had been satisfactory entering the second quarter though it expects continued competitive pressure. MAIN FACTS: -The company made a net loss of NOK286 million in the first quarter, compared to a loss of NOK293.2 million a year earlier. -First quarter revenue increased 25% on the year to NOK2.36 billion. -The number of passengers in the first quarter rose 19% on the year to 3.65 million. -The airline had a load factor of 77%, an increase of three percentage points from a year earlier. -The company said demand had been "satisfactory" entering the second quarter of 2012, but it expects continued competitive pressure. -The company guides for a 2012 production growth of 15%, as measured by available seat kilometers, or ASK, due to an increase in the fleet by adding 737-800Ws. -Fuel expenses in the first quarter increased 36% from a year ago to NOK766 million. -Personnel expenses rose 13% on the year to NOK512 million in the first quarter. -Airport and air traffic control charges rose 7% to NOK353 million on the year in the first quarter. -Handling charges rose 12% to NOK242 million on the year, and maintenance costs increased 21% to NOK210 million in the first quarter. -The airline recognized a NOK201 million loss in the first quarter, compared to a loss of NOK90 million a year ago. The loss includes a change in the fair value of foreign currency contracts and losses on working capital in foreign currency. -The company ordered 222 airplanes from Boeing Co. (BA) and Airbus in the first quarter, with a list price of NOK127 billion, for delivery from 2016. -At 0739 GMT, Norwegian Air Shuttle shares traded 1.8% lower at NOK95.50. -By Kjetil Malkenes Hovland, Dow Jones Newswires: +47 902 27 908; kjetilmalkenes.hovland@dowjones.com Order free Annual Report for The Boeing Co. Visit http://djnweurope.ar.wilink.com/?ticker=US0970231058 or call +44 (0)208 391 6028

Stock News for Boeing (BA)
DateTimeHeadline
05/05/201520:22:37A Forlorn End To California's Aviation Glory
05/05/201514:30:00Aitech Provides Subsystem and Computing Boards for Boeing's New...
05/05/201504:33:36Boeing Receives New Coverage from Analysts at Credit Suisse Group...
05/04/201519:27:38Boeing Pursues Fresh Deal With Spirit AeroSystems
05/04/201505:22:00Boeing, SWISS Finalize Order for Three Additional 777-300ERs
05/03/201509:13:02Is Russia Planning to Disassemble the International Space Station?
05/02/201512:06:02Don't Worry About Boeing's Dreamliner Sales
05/01/201518:13:02Airbus Earnings Put Boeing to Shame (or Do They?)
04/30/201519:32:04FAA Warns 787s Can Lose All Electrical Power in Certain Circumstances
04/30/201519:09:00Boeing Delivers Cathay Pacific Airways' 50th 777-300ER
04/30/201518:46:06You Can't Fly High if You Can't Sit Down
04/30/201518:04:00Boeing, Air Tahiti Nui Finalize Order for Two 787-9 Dreamliners
04/29/201516:20:53American Airline Flight Delays Tied to iPad App Glitch
04/29/201516:06:13Defense Contractors Keep Stock Repurchases Going
04/29/201515:52:47American Airline Flight Delays Continue as Pilot iPad App Glitch...
04/29/201506:01:37Current Report Filing (8-k)
04/29/201504:13:42Argus Boosts Boeing Price Target to $163.00 (BA)
04/28/201511:00:00Boeing Investor Conference Executive Presentations and Q&A to...
04/28/201509:21:11Cargolux Expands Ban on Lithium Ion Batteries as Bulk Freight
04/28/201509:17:10Parker-Hannifin Revenue Drops on Lower Orders, Stronger Dollar

Boeing and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad