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Norwegian Air Shuttle ASA: Overview

Norwegian Air Shuttle ASA (Norwegian) is a low-cost airline operator. The company, together with its subsidiaries, operates scheduled domestic and international passenger flights. Norwegian operates through a fleet of Boeing 737-800, Boeing 737 MAX 8, Boeing 787-8 and 787-9 aircraft. Norwegian provides services for baggage, hand luggage and traveling with pets. The company also offers supporting services such as hotel booking services, payment services, financial services, car rental services, travel-related information such as flight operations, and in-flight entertainment. The airline serves to multiple destinations in Europe, South America, North America, the Middle East, North Africa, the Caribbean and Asia. Norwegian is headquartered in Fornebu, Norway.

Headquarters Norway

Address Oksenoyveien 3, Postboks 115, Lysaker, 1336


Telephone 47 67 593000

No of Employees 3,310

Industry Transport and Logistics

Ticker Symbol & Exchange NAS (OSL)

Revenue (2021) $589.7M -44.3% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 108.1% (2021 vs 2020)

Market Cap* $817.7M

Net Profit Margin (2021) XXX 114.6% (2021 vs 2020)

* As of and is in US$

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Products and Services

Services
Passenger Air Transportation
Cargo Transportation
Wet Leasing
XXX
XXX
XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 New Products/Services In November, the company announced to operate regular commercial flights from and to Romania.
2022 New Products/Services In November, the company announced to inaugurate a new route to and from Barcelona.
2022 Plans/Strategy In October, the company announced its plans to base two aircraft at Riga International Airport.
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Competitor Comparison

Key Parameters Norwegian Air Shuttle ASA Deutsche Lufthansa AG Air France-KLM SA British Airways Plc Finnair Oyj
Headquarters Norway Germany France United Kingdom Finland
City Lysaker Koeln Paris Harmondsworth Vantaa
State/Province - - - England -
No. of Employees 3,310 107,970 73,719 34,393 5,358
Entity Type Public Public Public Private Public
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Executives
Name Position Board Since Age
Svein Harald Oygard Chairman Executive Board 2021 62
Geir Karlsen Chief Executive Officer Senior Management 2021 57
Hans-Jorgen Wibstad Chief Financial Officer Senior Management 2022 58
Anne-Sissel Skanvik Executive Vice President - Communication and Public Affairs Senior Management 2020 63
Guro H. Poulsen Executive Vice President - People Senior Management 2020 47
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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