Norwegian reported its first quarter results for 2016 with an underlying improvement of more than 400 MNOK (£34m), compared to the same quarter previous year. The airline still posted a loss of 992 million Norwegian kroner ($122 million) for the quarter compared to a loss of 777 Norwegian kroner in the prior-year period, even though it benefitted from a falling oil price and strong demand for its domestic and international routes and a high network load factor of 85% up by two percentage points. The figures do include negative currency effects and losses from forward jet-fuel contracts, amounting to a

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