Norwegian has lowered its operating profit outlook for 2024 in its revision on July 4, 2024. The group is now forecasting an operating profit of NOK 2.1bn-2.6bn Norwegian krone ($198.5 million-245.8 million), down from its initial forecast of 2.5bn-3.2bn Norwegian krone ($236.3 million-302.5 million). Several factors contributed to the revision. Norwegian saw softer traffic demand during the second quarter, with a contraction in both load factor and yield compared to last year. “Primarily due to a significant capacity increase on longer flights, Norwegian experienced a slight decrease in yield and load factor,” said Norwegian CEO Geir Karlsen. “We are excited

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