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
10/24/201418:52:34Monarch Airlines Sold to Greybull Capital
10/23/201401:30:42Safran Revenue Rises on Sustained Demand for Jet Engines
10/22/201416:54:22MARKET SNAPSHOT: U.S. Stocks Wither; S&P 500 Ends 4-day Win Steak
10/22/201414:09:09MARKET SNAPSHOT: U.S. Stocks Give Up Gains; Boeing Drags Dow
10/22/201410:15:27MARKET SNAPSHOT: U.S. Stocks Tick Up; Yahoo Rallies
10/22/201409:51:50U.S. Hot Stocks: Hot Stocks to Watch
10/22/201409:06:36MARKET SNAPSHOT: U.S. Stocks: Futures Waver, But Boeing Gains...
10/22/201405:46:19MARKET SNAPSHOT: U.S. Stocks: Futures Dip; Boeing Results, Inflation...
10/21/201419:41:18Airbus 'Actively Discussing' New A321neo With Airlines -Reuters
10/21/201417:28:09Analysts Eye Boeing's Dreamliner Costs
10/21/201417:27:10Boeing Earnings Preview
10/19/201405:47:20MARKET SNAPSHOT: More Than 1/3 of Dow Stocks To Report This Week
10/15/201409:00:09Airbus Bags Single Biggest Jet Order
10/08/201405:41:21Singapore Investigates Sheep Deaths on Plane
10/07/201409:48:57Correction to Polaris Off-Road Military Vehicles Story
10/07/201407:24:01Boeing Expects Its Air Freight Traffic to Double by 2033
10/01/201410:15:35AirAsia in Talks on Route to Dubai
09/30/201407:02:36Airbus Gains A350-900 Jet Safety Approval
09/25/201410:58:31U.S. Stocks Drop as Investors Consider Mixed Data
09/25/201407:50:11Boeing 787 Battery Troubles Still Unidentified

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