Double-digit yield contractions for Norwegian; Eight months of PRASM reductions for JetBlue
Scandinavia’s largest LCC, Norwegian Air Shuttle, reported another double-digit yield reduction in Dec-2009, with an estimate of NOK0.55 (EUR 6.72 cents) for Dec-2009, a 17% year-on-year fall. It follows a 20% reduction in Nov-2009, for the sixth month of yield contractions at the carrier since Jun-2008.
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