Norwegian Air Shuttle ASA (NWARF)

OTCMKTS: NWARF · Delayed Price · USD
-0.061 (-5.81%)
Mar 24, 2023, 12:26 PM EDT - Market closed
Market Cap 921.34M
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out n/a
EPS (ttm) 0.01
PE Ratio 98.90
Forward PE 5.87
Dividend n/a
Ex-Dividend Date n/a
Volume 6,432
Open 1.000
Previous Close 1.050
Day's Range 0.980 - 1.000
52-Week Range 0.575 - 1.450
Beta 0.98
Analysts Buy
Price Target 1.39 (+40.55%)
Earnings Date n/a


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]

Industry Airlines
Sector Industrials
Founded 1993
Employees 2,812
Stock Exchange OTCMKTS
Ticker Symbol NWARF
Full Company Profile

Analyst Forecast

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.

Price Target
(40.55% upside)
Analyst Consensus: Buy
Stock Forecasts


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.

1 month ago - Market Watch

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.

5 months ago - Market Watch

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.

7 months ago - Reuters

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.

9 months ago - Reuters

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.

Other symbols: BA
10 months ago - TechXplore

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...

Other symbols: BA
10 months ago - CNN Business

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.

Other symbols: BA
10 months ago - Reuters

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.

11 months ago - Reuters

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.

Other symbols: BA
1 year ago - Reuters

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...

Other symbols: BA
1 year ago - Reuters

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 ...

1 year ago - Reuters

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.

1 year ago - Reuters

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.

Other symbols: BA
1 year ago - Reuters

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...

1 year ago - Reuters

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...

1 year ago - Reuters

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...

1 year ago - Forbes

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.

1 year ago - Reuters

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.

1 year ago - 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...

1 year ago - Reuters

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.

2 years ago - Reuters

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.

2 years ago - Reuters

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.

2 years ago - Reuters

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...

2 years ago - Reuters

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...

2 years ago - Reuters

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...

Other symbols: BA
2 years ago - Reuters