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Norwegian posts first quarter loss

TheCopenhagenPost
April 29th, 2015


This article is more than 9 years old.

Weak exchange rate and pilots’ strike costly for airline

Norwegian airline came out of the first quarter of 2015 with a loss of 790 million kroner.

A pilots’ strike that cancelled flights and sent passengers to other airlines was a large part of the problem.

“The first quarter is usually seasonally weak, and this quarter the figures were also affected by the weakness of the Norwegian kroner against the dollar and euro,” said Norwegian CEO Bjørn Kjos. “At the same time, the pilots’ strike sent many customers to competitors.”

The loss was actually less than then 802 million kroner that some analysts had predicted.

Better than expected
Norwegian’s total revenue of about 3.6 billion kroner was also slightly better than expected.

“On the positive side, passenger growth outside Scandinavia has been good, especially on long-haul routes,” said Kjos. “In particular, passenger growth on the London-Gatwick route has been very solid.”

READ MORE: Pilot Strike: 22 Norwegian flights cancelled

Despite the first quarter loss, Kjos said that Norwegian expects to hit its goals for 2015.


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A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”