Norwegian Air Shuttle ASA (NWARF)

OTCMKTS: NWARF · Delayed Price · USD
0.000 (0.00%)
Jun 28, 2022 12:00 AM EDT - Market closed
Market Cap 906.55M
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 929.80M
EPS (ttm) 0.22
PE Ratio 4.51
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume n/a
Open 0.000
Previous Close 0.975
Day's Range 0.000 - 0.000
52-Week Range 0.673 - 2.000
Beta 0.78
Analysts Buy
Price Target 1.25 (+28.2%)
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
Founded 1993
CEO Jacob Schram
Employees 2,812
Stock Exchange OTCMKTS
Ticker Symbol NWARF
Full Company Profile

Analyst Forecast

According to 7 analysts, the average rating for NWARF stock is "Buy." The 12-month stock price forecast is 1.25, which is an increase of 28.21% from the latest price.

Price Target
(28.21% upside)
Analyst Consensus: Buy
Stock Forecasts


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

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 c...

Other symbols: BA

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

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.

Other symbols: BA

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 Reut...

Other symbols: BA

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 CO...

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.

Other symbols: BA

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 202...

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 Tues...

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 successfully...

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 t...

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 t...

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 pand...

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 sai...

Other symbols: BA

Norwegian Air seeks to repudiate Boeing contracts in Irish court

Norwegian Air is seeking to repudiate three aircraft sales contracts with Boeing as part of its restructuring process in Ireland, a lawyer representing the airline to Ireland's High Court on Friday.

Other symbols: BA

Norwegian Air reaches agreement to end 36 aircraft leases, court hears

Norwegian Air has withdrawn requests to repudiate a total of 36 aircraft leases after reaching agreement with the lessors in question as part of a restructuring process, Ireland's High Court heard on Tu...

Norwegian Air sees no deal with Boeing before reconstruction over, CFO says

Norwegian Air's and Boeing's legal dispute in the United States over compensation for the grounding of the MAX aircraft and cancelled orders will likely drag on beyond the end of the ongoing reconstruct...

Other symbols: BA

Norwegian Air and Airbus agree terms to end jet deliveries, court is told

Norwegian Air and jet maker Airbus have agreed on terms to repudiate the carrier's contract for new aircraft, lawyers representing the two firms told Ireland's High Court on Wednesday.