Norwegian Air's Q3 revenue rises as travel picks up

Norwegian Air reported a 68% rise in Q3 revenue on Thursday, as European travel gradually recovers from the pandemic, and the airline said it would continue to scale up following a brush with bankruptcy that slashed its business. The budget carrier's sales for July-September amounted to 1.52b Norwegian crowns ($180m), up from 905m crowns a year ago when travel remained severely restricted by COVID-19 lockdowns. The pandemic sent the indebted airline into bankruptcy proceedings last year, forcing it to terminate its transatlantic network before emerging in a slimmed-down version in May 2021. "We are now in a strong financial position going into the traditionally more challenging winter months," CE Geir Karlsen said.<br/>