Norwegian has reported an operating loss of NOK 763 million ($70 million) for the group in Q1 2024, results ‘significantly improved’ year-on-year from last year’s NOK 916 million (despite a weaker Norwegian krone), as the group’s liquidity position rose to NOK 10.4bn ($0.95bn). This included a cash settlement for the Widerøe acquisition. “The significant improvement compared to 2023 is a clear sign that our many initiatives, both on revenue and costs, have the desired effect and move us in the right direction,” explained Norwegian CEO Geir Karlsen. Norwegian became the sole owner of regional carrier Widerøe in January 2024 and

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