Norwegian Air Shuttle ASA (NWARF)

OTCMKTS: NWARF · Delayed Price · USD
1.640
-0.060 (-3.53%)
Mar 1, 2024, 3:32 PM EST - Market closed
Market Cap 1.59B
Revenue (ttm) 2.38B
Net Income (ttm) 165.05M
Shares Out 961.77M
EPS (ttm) 0.13
PE Ratio 12.51
Forward PE 0.81
Dividend n/a
Ex-Dividend Date n/a
Volume 12,679
Open 1.720
Previous Close 1.700
Day's Range 1.640 - 1.789
52-Week Range 0.670 - 1.870
Beta 0.98
Analysts n/a
Price Target n/a
Earnings Date n/a

About NWARF

Norwegian Air Shuttle ASA, together with its subsidiaries, provides air travel services in Norway and internationally. It operates short haul point to point domestic and cross border flights services. It is also involved in aircraft financing, leasing, and ownership activities; and cargo activities. It operates a fleet of 70 aircrafts. Norwegian Air Shuttle ASA was founded in 1993 and is headquartered in Fornebu, Norway. [Read more]

Industry Airlines
Sector Industrials
Founded 1993
Employees 3,871
Stock Exchange OTCMKTS
Ticker Symbol NWARF
Full Company Profile

Financial Performance

In 2023, NWARF's revenue was 24.32 billion, an increase of 28.87% compared to the previous year's 18.87 billion. Earnings were 1.74 billion, an increase of 72.74%.

Financial numbers in NOK Financial Statements

News

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...

5 weeks 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.

3 months 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.

4 months ago - Reuters

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.

6 months 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.

Other symbols: BA
6 months ago - Reuters

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...

6 months ago - Reuters

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.

8 months 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.

8 months ago - Reuters

European airlines hit by 'greenwashing' complaint

European airlines have been hit by a consumer complaint filed with the EU's executive arm accusing the 17 companies of greenwashing, the practice of making misleading climate-related claims.

Other symbols: DLAKYRYAAY
9 months ago - TechXplore

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 year 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.

1 year 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.

1 year 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.

1 year 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
1 year 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
1 year 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
1 year 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.

1 year 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
2 years 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: BAEADSY
2 years 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 ...

2 years 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.

2 years 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
2 years 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...

2 years 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...

2 years 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...

2 years ago - Forbes