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Norwegian Air Shuttle ASA

NWC.OL

Latest Trade

37.10NOK

Change

-0.03(-0.08%)

Volume

1,262,475

Today's Range

36.77

 - 

37.58

52 Week Range

28.39

 - 

121.59

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

Pricing

Previous Close
37.13
Open
37.30
Volume
1,262,475
3M AVG Volume
53.07
Today's High
37.58
Today's Low
36.77
52 Week High
121.59
52 Week Low
28.39
Shares Out (MIL)
143.31
Market Cap (MIL)
6,072.92
Forward P/E
-2.35
Dividend (Yield %)
--

Next Event

Q4 2019 Norwegian Air Shuttle ASA Earnings Release

Latest Developments

More

Norwegian Air Shuttle replaces its chief commecrial officer

Norwegian Air Shuttle Update Regarding Amendments To Its Two Unsecured Bonds

Norwegian Air Shuttle EGM Approves Private Placement, Convertible Bond Issue And Potential Subsequent Offering Of New Shares

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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.

Industry

Airline

Contact Info

Oksenoyveien 3, Postboks 115

+47.67.593000

https://www.norwegian.no/

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

2.78 mean rating - 9 analysts
Sell
Hold
Buy
Revenue (MM, NOK)

2016

26.1K

2017

30.9K

2018

40.3K

2019(E)

43.1K
EPS (NOK)

2016

8.821

2017

2.096

2018

-6.280

2019(E)

-15.768
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.14
Price To Book (MRQ)
0.97
Price To Cash Flow (TTM)
2.40
Total Debt To Equity (MRQ)
781.73
LT Debt To Equity (MRQ)
682.98
Return on Investment (TTM)
-5.54
Return on Equity (TTM)
-3.72

Latest News

Latest News

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)

Norwegian Air third-quarter profit beats forecast

Norwegian Air <NWC.OL> posted higher-than-expected earnings for the peak summer holiday season on Thursday, a boost for the carrier as it seeks to shore up its finances.

Norwegian Air to jointly own Airbus fleet with China Construction Bank

Norwegian Air has struck a deal with China's CCB Leasing to take joint ownership of a large fleet of aircraft that the budget carrier has ordered from Airbus, Oslo-listed Norwegian said on Thursday.

Norwegian Air to sell five aircraft, boosting cash

Norwegian Air <NWC.OL> has agreed to sell five of its Boeing 737-800 aircraft to a unit of China Aircraft Leasing Group Holdings Limited (CALC) <1848.HK> boosting its cash, the Oslo-based budget carrier said in a statement.

Norwegian Air, JetBlue tie up to expand transatlantic network

Norwegian Air <NWC.OL> and New York's JetBlue Airways <JBLU.O> plan a partnership enabling passengers flying between Europe and the United States to continue to multiple destinations under a single booking, potentially boosting traffic and average fares.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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