Airline Weekly | International : Analytical : Essential

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Norwegian

Annual revenues:	$783m
Annual operating profit:	$25m
Annual net profit:	$16m
Operating profit margin:	3%

(Figures are from the period of JAN07-DEC07 in U.S. dollars.)

Fleet:
Type	Number in Fleet
B737-300	28
B737-800	7
DC-9-82	5
DC-9-83	3

For more detailed fleet information, visit www.ch-aviation.ch

Strengths and opportunities:
- Lots of small communities in Norway dependent on air traffic
- Taking advantage of troubles experienced by SAS
- Opportunity to capture immigrant and guest worker traffic from Poland and other Eastern European markets
- FlyNordic expands its presence in Sweden
- Has small equity partnership with Finnair

Weaknesses and threats:
- Higher costs than some other LCCs
- Base in Warsaw still losing money

Financial data is sourced from company reports. The strengths and weaknesses are based on an analysis by Airline Weekly's editors. Information provided on airlineweekly.com is for general informational purposes only and should not be construed as investment advice.

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