Norwegian raised NOK1.3 billion ($168 million) in a private share placement as it pushes ahead with expansion amid rising fuel prices and currency effects, which the LCC said is leading to a “challenging” first quarter. Norwegian has been shaking up the transatlantic travel market, using its rapidly growing fleet to launch new destinations and competing with legacy carriers on an important segement of their networks with low fare tickets. But it warned its 2018 first quarter ...
