Norwegian Air Shuttle ASA (NWARF)
|Net Income (ttm)||n/a|
|Day's Range||0.980 - 1.000|
|52-Week Range||0.575 - 1.450|
|Price Target||1.39 (+40.55%)|
Norwegian Air Shuttle ASA, together with its subsidiaries, provides scheduled and charter airline services in Norway and internationally. As of December 31, 2021, the company operated a fleet of 70 aircraft. It is also involved in aircraft financing, leasing, and ownership activities; and cargo activities. Norwegian Air Shuttle ASA was founded in 1993 and is headquartered in Fornebu, Norway. [Read more]
According to 9 analysts, the average rating for NWARF stock is "Buy." The 12-month stock price forecast is $1.39, which is an increase of 40.55% from the latest price.
Norwegian Air Shuttle says booking trends are encouraging but visibility is low
Norwegian Air Shuttle ASA NAS, +0.97% said Thursday that current booking trends are encouraging but visibility is somewhat low, as it reported a smaller-than-expected fourth-quarter net loss.
Norwegian Air Shuttle net profit boosted by pent-up summer demand
Norwegian Air Shuttle ASA on Wednesday reported a forecast-beating rise in third-quarter net profit after seeing strong pent-up demand during the peak summer travel season.
Norwegian Air mulls hedging some of its jet fuel, CEO says
Norwegian Air is considering hedging some of its jet fuel costs as kerosene prices have fallen, its Chief Executive Geir Karlsen told Reuters on Thursday.
Norwegian Air and Wideroe agree to cooperation
Airlines Norwegian Air and Wideroe have agreed to cooperate on the Norwegian domestic market and onward travel, including joint ticket and passenger interlining, the firms said on Tuesday.
Norwegian buys 50 Boeing 737 MAX, ending dispute
Low-cost carrier Norwegian Air Shuttle said Monday it would buy 50 Boeing 737 MAX 8 planes, ending a dispute between the companies and helping revive the US-made aircraft after two deadly crashes.
Norwegian settles dispute with Boeing and buys 50 737 Max jets
Norwegian Air has agreed to buy 50 Boeing 737 Max 8 aircraft and secured options for a further 30 of the planes at an undisclosed price, ending a contract dispute between the two companies, the budget...
Norwegian Air orders 50 Boeing aircraft
Norwegian Air has agreed to buy 50 Boeing 737 MAX aircraft and has secured options to acquire a further 30 planes, the budget carrier said on Monday.
Norwegian Air posts Q1 loss, flags fuel costs to impact recovery
OSLO (Reuters) -Norwegian Air posted a loss for the first quarter on Friday and said rising fuel costs will partly offset the positive effects of increased bookings for the summer season.
Norwegian Air leases 10 new Boeing MAX aircraft
Norwegian Air has signed lease agreements with AerCap for 10 new Boeing 737-800 MAX 8 aircraft ahead of the European summer season of 2023, the airline said on Monday.
Norwegian Air CEO considers Airbus jets amid drawn-out Boeing litigation
Norwegian Air may order jets from Airbus in the future unless ongoing litigation with Boeing over previous aircraft cancellations is resolved in a timely fashion, the carrier's chief executive told Re...
Norwegian Air swings to profit after restructuring
OSLO (Reuters) -Norwegian Air reported a full-year profit for 2021 on Friday in a turnaround from losses suffered the previous year, and said booking trends point to busier travel ahead for Europe as ...
Norwegian Air's Q3 revenue rises as travel picks up
Norwegian Air reported a 68% year-on-year rise in third-quarter revenue on Thursday as travel in Europe gradually recovers from the pandemic.
Norwegian Air to lease 13 Boeing planes
Budget carrier Norwegian Air has agreed to lease up to 13 Boeing aircraft in anticipation of higher demand for travel next summer, it said on Wednesday.
Norwegian Air hopeful of travel rebound but keeps cautious stance
Norwegian Air forecast its bookings will rise in the months ahead as European travel resumes with the lifting of COVID-19 curbs, but the budget carrier refrained from providing financial outlook for 2...
Norwegian Air showed poor judgement in making bonus payments, minister says
Budget carrier Norwegian Air showed poor judgement when it paid bonuses to top management just weeks after emerging from government-backed bankruptcy proceedings, Norway's industry minister said on Tu...
Norwegian Airlines Presses Eject Button On CEO And Moves CFO To The Post
Norwegian has made it through some incredibly arduous times which it faced even before the Covid crisis kicked off. It has recently exited both Irish and Norwegian bankruptcy protection and successful...
Norwegian Air appoints Karlsen new CEO with immediate effect
Norwegian budget airline Norwegian Air has appointed its chief financial officer Geir Karlsen as new chief executive with immediate effect, succeeding Jacob Schram, it announced on Monday.
Norwegian Air's CEO eyes rise in bookings ahead of European summer
More customers are booking flights with Norwegian Air for the upcoming summer season in Europe, although pandemic restrictions still weigh on demand, the carrier's CEO told Reuters.
Norwegian Air, saved from collapse, reinvents as regional carrier
Norwegian Air emerged from six months of bankruptcy protection on Wednesday with a smaller fleet and its debt almost wiped out but also facing stronger competition and lingering uncertainty wrought by...
Norwegian Air raises fresh capital, set to exit restructuring
Norwegian Air has raised the 6 billion Norwegian crowns ($714.07 million) it targeted through the sale of perpetual bonds, new shares and a rights issue, the company said on Friday.
Norwegian Air says debt reconstruction plan approved
Norwegian Air's court-ordered debt reconstruction plan is now legally binding, and the airline expects to complete its financial rescue as planned on May 26, it said on Tuesday.
Timeline: Norwegian Air's rise and battle for survival
Having grown rapidly to become Europe's third-largest low-cost airline and one of the few to apply the budget model to transatlantic flights, Norwegian Air has been fighting for its survival.
Norwegian Air to raise additional cash before bankruptcy exit
Norwegian Air now aims to raise up to 6 billion crowns ($711 million) in fresh capital, up from a planned 4.5 billion, to bolster its resources before emerging from bankruptcy protection next month as...
Norwegian Air updates offer to creditors in key step towards survival
Norwegian Air said it had presented an updated restructuring proposal to creditors on Thursday, a major step in the airline's plan to sharply cut debt and trim the fleet to overcome the coronavirus pa...
Norwegian Air says Boeing dispute to be decided in U.S. court
Norwegian Air is not asking Ireland's High Court to interfere with legal proceedings between itself and Boeing in the United States over the cancellation of 97 plane orders, a lawyer for the airline s...