Norwegian Air Shuttle ASA
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Geir Magne Karlsen
- Full Time Employees
- 7,398
- Sector
- Transportation
- Industry
- Airlines
- Address
- OksenOeyveien 3 Fornebu PS Norway 1330
- IPO Date
- Dec 17, 2003
- Website
- norwegian.com
- Similar Companies
- Business
- Norwegian Air Shuttle ASA (NAS.OL), trading as Norwegian, operates as Scandinavia's second-largest low-cost airline and Norway's largest carrier, providing short-haul point-to-point passenger flights within the Nordics, to key European business destinations including London and holiday markets in the Mediterranean, Canary Islands and North Africa; the company also offers ancillary services such as in-flight food and beverages for purchase, checked baggage fees, WiFi access, video on demand entertainment and its Norwegian Reward frequent-flyer program for earning points on tickets and add-ons. Norwegian Air Shuttle ASA, founded in 1993 and headquartered at Fornebu outside Oslo, Norway, manages a fleet of approximately 96 Boeing 737 aircraft including 37 Boeing 737-800s and six Boeing 737 MAX 8s operated directly plus additional aircraft under its fully-owned subsidiary Norwegian Air Sweden; operations span subsidiaries in Norway, Sweden, Denmark, Finland, Spain and the UK, serving over 100 destinations with high-frequency domestic Scandinavian routes and intra-Nordic services complemented by the 2024 acquisition of regional carrier Widerøe for enhanced connectivity. Recent strategic developments include the March 2025 purchase of 10 leased Boeing 737-800 aircraft followed by a July 2025 agreement to acquire three more for improved financial flexibility, recurring cost savings of NOK 25 million annually and a non-recurring gain of NOK 260 million; the company also secured 11 CFM LEAP-1B spare engines in June 2025 to support its growing Boeing 737 MAX fleet deliveries scheduled through 2028, announced its first-ever dividend of NOK 0.90 per share in July 2025 payable in August and reported record Q3 2025 revenue of NOK 12,252 million with net income of NOK 2,549 million alongside strong November 2025 traffic of 1.84 million passengers group-wide.
Company News
Norwegian Air Shuttle ASA (NWARF) Q2 2026 Earnings Call Transcript
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Norwegian Air Shuttle ASA (NWARF) Q1 2026 Earnings Call Transcript
Norwegian Air Shuttle ASA (NWARF) Q4 2025 Earnings Call Transcript
Norwegian Air Shuttle ASA (OTCMKTS:NWARF) Shares Down 1.1% – Here’s What Happened
Norwegian Air Shuttle ASA (NWARF) Q3 2025 Earnings Call Transcript
Norwegian Air to buy an additional 30 Boeing 737 aircraft
Denmark picks French, German and Norwegian air defence suppliers
Norwegian Air Shuttle Stock: Bullish After 21.5% Surge
Norwegian Air Shuttle ASA (NWARF) Q1 2025 Earnings Call Transcript
Norwegian Air Shuttle: Undervalued Airline Stocks But With High Currency Risk
Norwegian Air Shuttle ASA (NWARF) Q4 2024 Earnings Call Transcript
Norwegian Air cuts 2024 operating profit forecast
Norwegian Air Shuttle ASA (NWARF) Q3 2024 Earnings Call Transcript
Norwegian Air Shuttle ASA (NWARF) Q2 2024 Earnings Call Transcript
Norwegian Air Shuttle Stock: Significant Upside Remains For Huge Turnaround Story
Norwegian Air Shuttle ASA (NWARF) Q4 2023 Earnings Call Transcript
Norwegian Air Shuttle Stock: Reiterating Buy Rating On Strong Growth
Norwegian watchdog might stop Norwegian Air's bid for Wideroe
Norway may block Norwegian Air's bid for Wideroe