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; Order free Annual Report for The Boeing Co. Visit or call +44 (0)208 391 6028

Stock News for Boeing (BA)
10/13/201516:39:00Russian Arms Maker Preempts Dutch MH17 Report -- Update
10/13/201509:00:00Boeing Optimizes Maintenance Record Keeping for Airlines
10/12/201519:11:46Boeing predicts sale of 150 more CH-47 helicopters through 2022
10/12/201518:44:07September Dividends And Purchases For My 75 Stock Portfolio And...
10/12/201509:50:59SpiceJet prepping billions of dollars in new orders
10/12/201509:03:04Let's All Go To The Movies... Income Investment, Regal Entertainment...
10/12/201507:37:00Boeing Expands Pilot Training Activities -- Market Talk
10/12/201507:23:14Boeing buys pilot training software provider
10/12/201501:00:00Boeing Acquires Leading Provider of Pilot Training Software
10/11/201508:39:50Boeing Set To Lose Orders As Transaero Files For Bankruptcy
10/09/201515:00:00Alaska Airlines Increases Overhead Storage Nearly 50 Percent...
10/07/201501:31:00Bombardier, Airbus Say Talks Over 'Business Opportunities' Have...
10/06/201519:10:00Bombardier in Talks to Sell CSeries Stake to Airbus
10/06/201516:40:00NTSB: Uncontained Engine Failure Caused British Air 777 Fire
10/05/201519:13:00Ex-Im Bank's Closing Creates Gulf
10/05/201516:18:24Statement of Changes in Beneficial Ownership (4)
10/05/201516:18:01Statement of Changes in Beneficial Ownership (4)
10/05/201516:18:01Statement of Changes in Beneficial Ownership (4)
10/05/201516:18:00Statement of Changes in Beneficial Ownership (4)
10/05/201516:17:08Statement of Changes in Beneficial Ownership (4)

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