Norwegian Air Shuttle ASA


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As of on the Oslo Stock Exchange ∙ Minimum 15 minute delay


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3M AVG Volume
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Next Event

Q4 2019 Norwegian Air Shuttle ASA Earnings Release

Latest Developments


Norwegian Air Enters Supplier Agreement With The Police

Norwegian Air Shuttle replaces its chief commecrial officer

Norwegian Air Shuttle Update Regarding Amendments To Its Two Unsecured Bonds


About Norwegian Air Shuttle ASA

Norwegian Air Shuttle ASA is a Norway-based company engaged in the passenger transportation service industry. The Company operates scheduled services with additional charter services. Its route portfolio stretches across Europe into North Africa and the Middle East, as well as long-haul routes to the United States and Southeast Asia. The Company has around 450 routes to more than 140 destinations on sale. The Company has approximately 260 undelivered aircraft on firm order. Its fleet combines various types of aircraft, including B788, A32Oneo, B737 Max 8, B738 and B738 S&LB, among others. It is the parent company of the Norwegian Group and operates through subsidiaries, including Norwegian Air Shuttle Sweden AB, Call Norwegian AS, Arctic Aviation Assets Ltd and Norwegian Air UK Ltd, among others.

Contact Info

Oksenoyveien 3, Postboks 115


Executive Leadership

Niels Smedegaard

Chairman of the Board

Jacob Schram

Chief Executive Officer

Geir Magne Karlsen

Deputy Chief Executive Officer, Chief Financial Officer

Liv Berstad

Independent Deputy Chairman of the Board

Tore K. Jenssen

Managing Director Arctic Aviation Assets (AAA)

Key Stats

2.56 mean rating - 9 analysts
Revenue (MM, NOK)
















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Latest News

Latest News

Norwegian Air makes progress on turnaround plan after cutting capacity by a quarter

Norwegian Air <NWC.OL> cut its capacity by a quarter in December, removing loss-making routes as it made headway on its plan to regain profitability, traffic data from the budget carrier showed on Tuesday.

Norwegian Air's December capacity down, boosting earnings

Norwegian Air cut its capacity for a third consecutive month in December, removing loss-making routes as part of its plan to regain profitability, the budget carrier's traffic data showed on Tuesday.

Norwegian Air hoping to agree Boeing 737 MAX compensation this year

Norwegian Air <NWC.OL> hopes to agree compensation from Boeing <BA.N> by year-end over the grounding of the 737 MAX, the airline's acting CEO said, as it counts the costs of having 18 of the aircraft grounded since March.

Norwegian Air eyes deal on Boeing MAX compensation by year-end

Norwegian Air hopes to secure a deal with Boeing by year-end over compensation for the grounding of the MAX 737 aircraft, the budget carrier's acting CEO told a podcast released by brokerage DNB Markets.

Norwegian Air slashed November traffic to stem losses

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.

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday:

Norwegian Air sells Argentinian subsidiary to JetSMART

Loss-making budget airline Norwegian Air <NWC.OL> has sold subsidiary Norwegian Air Argentina (NAA) for an undisclosed sum, with JetSMART Airlines taking control with immediate effect.

Norwegian Air to end routes from Sweden, Denmark to U.S., Thailand

Budget airline Norwegian Air <NWC.OL> is ending flights from Copenhagen and Stockholm to the United States and Thailand due to weak demand and technical problems affecting the engines on its Boeing <BA.N> 787 Dreamliners, it said on Wednesday.

Norwegian Air appoints industry outsider as new CEO to lead restructuring

Loss-making Norwegian Air <NWC.OL> has appointed Jacob Schram as chief executive to take charge of the budget carrier's restructuring as it struggles with a low-cost, long-haul model in an overcrowded industry.

Norwegian Air appoints Jacob Schram as CEO

Loss-making Norwegian Air has appointed a new chief executive to take charge of the budget carrier's ongoing restructuring, the board said on Wednesday.

Norwegian Air to expand alliance with other carriers - Kjos

Norwegian Air plans to expand its alliance to other airlines, top shareholder Bjoern Kjos said at a conference hosted by IATA in Berlin on Tuesday.

Norwegian Air to expand alliance with other carriers - Kjos

Norwegian Air plans to expand its alliance to other airlines, top shareholder Bjoern Kjos said at a conference hosted by IATA in Berlin on Tuesday.

Norwegian Air to fly three new non-stop U.S.-Europe routes

Budget airline Norwegian Air <NWC.OL> said on Tuesday it will add three more non-stop routes from the United States to Europe next summer, as the Norway-based carrier looks to expand its services to sought-after European destinations.

Norwegian Air gets lifeline to prove it can make money

Norwegian Air's <NWC.OL> third fundraising from investors in 20 months could be the airline's final chance to prove it can make money from cheap transatlantic air travel, one of its major shareholders said on Wednesday.

Norwegian Air's shares down 8% after share, bond issue

Norwegian Air's shares fell by 8% in early trade on Wednesday after the struggling budget carrier conducted its third share issue in less than two years late on Tuesday.

Struggling Norwegian Air raises $272 million from share sale, bond issue

Norwegian Air <NWC.OL> on Tuesday raised 2.5 billion crowns (£211.59 million) to meet the struggling airline's cash needs through 2020 with its third share sale in two years and a bond issue.

Struggling Norwegian Air launches shares issue, bond

Norwegian Air is planning a share issue and a $175 million bond, it said on Tuesday, adding that the deals would raise enough cash to meet the struggling budget airline's needs through 2020 and beyond.

Norwegian Air to sell six aircraft, boosting cash by $55 mln

Norwegian Air has agreed to sell six of its Boeing 737-800 aircraft to Pembroke Aircraft Leasing 5 Limited, a subsidiary of Standard Chartered Plc , the Oslo-based budget carrier said in a statement.

Norwegian Air shares jump as fleet deal, earnings ease pressure

Norwegian Air <NWC.OL> unveiled higher-than-expected earnings and a deal to offload 27 new Airbus <AIR.PA> jets, sending its shares sharply higher on hopes that the low-cost carrier can avoid becoming the latest in a series of airline collapses.

Norwegian Air eyes Boeing MAX return in late March at the earliest -CEO

Norwegian Air plans a return to service of its Boeing 737 MAX aircraft fleet in late March 2020 at the earliest, CEO Geir Karlsen told a news conference on Thursday. (Reporting by Terje Solsvik; Editing by Himani Sarkar)

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