Norwegian Air Shuttle ASA (NWARF)

OTCMKTS · Delayed Price · Currency is USD
0.990
-0.090 (-8.33%)
Dec 6, 2024, 4:00 PM EST
5.03%
Market Cap 1.01B
Revenue (ttm) 3.12B
Net Income (ttm) 151.67M
Shares Out n/a
EPS (ttm) 0.15
PE Ratio 6.63
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 4,400
Open 1.005
Previous Close 1.080
Day's Range 0.990 - 1.040
52-Week Range 0.867 - 1.870
Beta 1.06
Analysts n/a
Price Target n/a
Earnings Date Feb 13, 2025

About Norwegian Air Shuttle ASA

Norwegian Air Shuttle ASA, together with its subsidiaries, provides air travel services in Norway and internationally. It is also involved in aircraft financing, leasing, and ownership activities; and cargo activities. It operates a fleet of 87 aircrafts. Norwegian Air Shuttle ASA was founded in 1993 and is headquartered in Fornebu, Norway. [Read more]

Industry Airlines
Sector Industrials
Founded 1993
Employees 4,470
Stock Exchange OTCMKTS
Ticker Symbol NWARF
Full Company Profile

Financial Performance

In 2023, Norwegian Air Shuttle ASA's revenue was 25.54 billion, an increase of 35.35% compared to the previous year's 18.87 billion. Earnings were 1.61 billion, an increase of 75.14%.

Financial numbers in NOK Financial Statements

News

Norwegian Air Shuttle Cuts Fleet Growth Expectation Due to Boeing Strike

Norwegian Air Shuttle tempered its fleet growth expectations for next year due to a strike at Boeing, in the latest sign of how issues at the U.S. plane maker are disrupting airlines’ expansion plans.

6 weeks ago - The Wall Street Journal

Norwegian Air Shuttle Cuts Fleet Growth Expectation Due to Boeing Strike

Norwegian Air Shuttle tempered its fleet growth expectations for next year due to a strike at Boeing, in the latest sign of how issues at the U.S. plane maker are disrupting airlines' expansion plans.

6 weeks ago - WSJ

Norwegian Air trims outlook after Q3 profit miss

Norwegian Air lowered the upper end of its 2024 profit forecast range after reporting third-quarter core earnings below market expectations on Friday, and said its 2025 capacity growth would slow beca...

6 weeks ago - Reuters

Norwegian Air Shuttle Warns on Costs as Boeing Delivery Delays Drag On

The low-cost carrier will prioritize cost-saving measures as a strike at Boeing further delays deliveries of new aircraft.

2 months ago - The Wall Street Journal

Norwegian Air Shuttle Warns on Costs as Boeing Delivery Delays Drag On

The low-cost carrier will prioritize cost-saving measures as a strike at Boeing further delays deliveries of new aircraft.

2 months ago - WSJ

Norwegian Air Shuttle Profit Warning Shocks

Norwegian Air Shuttle stock has lost over 20% of its value despite a strong buy rating, while the S&P 500 gained 7%. Second quarter revenues increased 36%, driven by capacity expansion and inclusion o...

4 months ago - Seeking Alpha

Norwegian Air Shuttle ASA (NWARF) Q2 2024 Earnings Call Transcript

Norwegian Air Shuttle ASA (OTCPK:NWARF) Q2 2024 Earnings Conference Call July 12, 2024 2:30 AM ET Company Participants Jesper Hatletveit - Vice President, Investor Relations Geir Karlsen - Chief Execu...

5 months ago - Seeking Alpha

Some Norwegian Air pilots threaten to strike from June 1

Around 17 Norwegian Air pilots plan to take strike action from June 1 if wage negotiations fail later this week, a government-appointed mediator said on Tuesday, in what could be the first step toward...

6 months ago - Reuters

Norwegian Air Shuttle Stock: Significant Upside Remains For Huge Turnaround Story

Norwegian Air Shuttle's Q1 revenues increased by 55% due to capacity expansion and the acquisition of Widerøe. Operating costs rose by 41%, driven by crew training and higher expenses, but the company...

7 months ago - Seeking Alpha

Norwegian Air Shuttle ASA (NWARF ) Q1 2024 Earnings Call Transcript

Norwegian Air Shuttle ASA (NWARF) Q1 2024 Earnings Call Transcript

8 months ago - Seeking Alpha

Norwegian Air Shuttle ASA (NWARF) Q4 2023 Earnings Call Transcript

Norwegian Air Shuttle ASA (NWARF) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Norwegian Air Shuttle Stock: Reiterating Buy Rating On Strong Growth

Norwegian Air Shuttle stock has appreciated by 51% since October 2023, outperforming the S&P 500 and US Global Jets ETF. Q3 2023 earnings showed strong revenue growth and efficient cost management, in...

10 months ago - Seeking Alpha

Norwegian Air raises full-year 2023 profit forecast

Norwegian Air said on Wednesday it had raised its earnings forecast for 2023 on the back of strong demand in the final two months of the year, sending its share price up 5% in early trade to a 21-mont...

11 months ago - Reuters

Norway may block Norwegian Air's bid for Wideroe

Norway's competition watchdog warned on Friday it may block Norwegian Air's bid for domestic rival Wideroe as it could lead to fewer and more expensive flights.

1 year ago - Reuters

Norwegian Air Q3 beats forecast

Norwegian Air reported third-quarter profit above expectations on Thursday and said current ticket sales were "slightly reduced" in accordance with seasonality.

1 year ago - Reuters

Norwegian Air Shuttle: A Speculative Growth And Turnaround Buy

Norwegian Air Shuttle stock has been underperforming its European peers and global markets. The company's Q2 earnings showed improvement, with capacity and unit revenues increasing. Norwegian Air Shut...

1 year ago - Seeking Alpha

Competition watchdog extends review of Norwegian Air's Wideroe bid

Norway's competition watchdog has extended its review of Norwegian Air's bid for domestic rival Wideroe by two months, it said on Friday.

1 year ago - Reuters

Norwegian Air feeling more positive on Boeing MAX 10, CEO says

Norwegian Air may consider adding Boeing's MAX 10 model to its fleet, CEO Geir Karlsen said on Thursday, after finding the plane's flight range was better-suited to the airline than initially thought.

1 year ago - Reuters

Norwegian Air Shuttle ASA (NWARF) Q2 2023 Earnings Call Transcript

Norwegian Air Shuttle ASA (OTCPK:NWARF) Q2 2023 Earnings Conference Call August 24, 2023 2:30 AM ET Company Participants Jesper Hatletveit - VP, IR Geir Karlsen - CEO Hans-Joergen Wibstad - CFO Confer...

1 year ago - Seeking Alpha

Norwegian Air eyes dividend payments as Q2 core profit rises

Norwegian Air said on Thursday it had begun a process that could lead to cash dividend payments for shareholders as the carrier's second-quarter core operating profit rose amid strong demand for air t...

1 year ago - Reuters

Norwegian Air Shuttle Mixes In European Airline Consolidation

Norwegian Air Shuttle is set to acquire domestic carrier Widerøe for NOK1,125 million ($112 million), enhancing its connectivity and network efficiency. Widerøe, with its fleet of turboprops and small...

1 year ago - Seeking Alpha

Norwegian Air to buy regional peer Wideroe for $106 million

Norwegian Air has agreed to buy domestic peer Wideroe for 1.13 billion crowns ($106 million) as the reborn airline looks to strengthen its position in its home region.

1 year ago - Reuters

Norwegian Air to form loyalty program joint venture with hotel group

Norwegian Air and Nordic hotels group Strawberry said on Tuesday they plan to form a joint venture company which will provide benefits to the members of the groups' respective loyalty programmes.

1 year ago - Reuters