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Norwegian Air's January passenger income jumps

Reuters - UK Focus

OSLO, Feb 6 (Reuters) - Norwegian Air cut its capacity by a bigger-than-expected 29% in January from a year earlier, removing unprofitable routes while boosting its income from remaining flights, its traffic data showed on Wednesday.

The budget carrier's yield - income per passenger carried and kilometre flown - jumped 15% to 0.40 Norwegian crown ($0.0435), beating a 0.37 crown forecast in a Reuters poll of analysts. ($1 = 9.1879 Norwegian crowns) (Reporting by Terje Solsvik, editing by Gwladys Fouche)