Norwegian Air slashed November traffic to stem losses
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OSLO (Reuters) - Budget carrier Norwegian Air sharply curtailed its flight programme last month, removing unprofitable routes in a bid to stem the company's losses, its traffic report showed on Thursday.The airline's overall capacity, a measure of distance flown and the number of seats available (ASK), declined by 27% year-on-year, it said. Analysts in a Reuters poll had on average expected a 23% fall. The move allowed Norwegian to better fill remaining flights, raising the number of seats..