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NAS Norwegian Air Shuttle ASA News Story

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Norwegian Air slides as Q4 miss doesn't 'provide comfort' on costs

** Shares in Norwegian Air Shuttle NAS.OL fall 4% after the budget airline missed Q4 operating result expectations due to higher-than-expected costs

** The airline reports Q4 operating profit at NOK 21 mln ($2.20 million), well below NOK 201 million seen in the company consensus

** Pareto Securities says all cost items were above expectations, with airport and air traffic control (ATC) charges representing the largest deltas

** "The miss does not provide further comfort on the cost outlook," it says

** Year-to-date, the stock has lost 5.7%

($1 = 9.5507 Norwegian crowns)

(Reporting by Jagoda Darlak)

((Jagoda.Darlak@thomsonreuters.com; +48 58 769 65 40;))

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