Shares of Norwegian Air Shuttle ASA grew the most in three weeks after the company reported record revenue, Bloomberg reports. 

While Norwegian was expected to show losses, the company received 10,2 billion kroner of revenue ($1,3 billion) and 296 million of net income. Shares of the company jumped by 8,2% and market value grew to 11,6 billion kroner. 

Before multiple bidders expressed their interest in buying Norwegian. Two offers were rejected.

Expected capacity growth in 2018 stays at levl of 40%. Estimates for capital spendings was lowered from $1,9 billion to $1,75 billion this year and from $2,6 billion to $2,2 billion next year.