Norwegian Air Shuttle ASA - Company Profile
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Norwegian Air Shuttle ASA (Norwegian) is a low-cost airline operator. The company, with its subsidiaries, operates scheduled domestic and international passenger flights. Norwegian operates through a fleet of Boeing 737-800 and Boeing 737 MAX 8. Norwegian provides services for baggage, hand luggage and traveling with pets. The company also offers support 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 in Europe, including Denmark, Norway, Portugal, Spain, Italy, France, Germany, Poland and Others. Norwegian is headquartered in Lysaker, Norway.
Headquarters
Norway
Address
Oksenoyveien 3, Postboks 115, Lysaker, 1336
Website
www.norwegian.no
Telephone
47 67 593000
No of Employees
3,871
Industry
Transport and Logistics
Ticker Symbol & Exchange
NAS (OSL)
Revenue (2022)
$2.4B
35.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
72.8%
(2022 vs 2021)
Market Cap*
$1.4B
Net Profit Margin (2022)
XYZ
27.6%
(2022 vs 2021)
* As of and is in US$
Norwegian Air Shuttle ASA premium industry data and analytics
Products and Services
| Services |
|---|
| Passenger Air Transportation |
| Cargo Transportation |
| Wet Leasing |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In February, the company announced its plans to launch flights connecting Oslo with the coastal town of Tivat in Montenegro, Balkans. |
| 2024 | Corporate Changes/Expansions | In February, the company launched a new logo as part of its efforts to modernize its visual identity. |
| 2024 | Plans/Strategy | In January, the company announced its plans to launch flights that will establish a connection between Helsinki, the capital of Finland, and Tivat, a coastal town in Montenegro. |
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 | - | Nordrhein-Westfalen | Ile-de-France | England | - |
| No. of Employees | 3,871 | 96,677 | 77,806 | 33,644 | 5,223 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Svein Harald Oygard | Chairman | Executive Board | 2021 | 63 |
| Geir Karlsen | Chief Executive Officer | Senior Management | 2021 | 58 |
| Hans-Jorgen Wibstad | Chief Financial Officer | Senior Management | 2022 | 59 |
| Magnus Thome Maursund | Executive Vice President - Network, Pricing & Optimization | Senior Management | 2021 | 42 |
| Anne-Sissel Skanvik | Executive Vice President - Communication and Public Affairs | Senior Management | 2020 | 64 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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