Topics: Transport

  • Norwegian reports strong growth in a seasonally weak first quarter

    Norwegian today reported its first quarter earnings for 2018 with a result of NOK -46.2 million (- £ 4.16 million). The quarter was characterized by international expansion, strong passenger growth and higher fuel cost. A successful private placement of shares was completed this quarter.

  • Comment to IAG’s acquisition of Norwegian shares

    Comment to IAG’s acquisition of Norwegian shares
    Norwegian has just been made aware that the International Airline Group (IAG) has acquired of 4.6 percent of the shares in Norwegian Air Shuttle ASA. Norwegian had no prior knowledge of this acquisition before it was reported by the media mid-morning Thursday. Norwegian has not been in any discussions or dialogue with IAG about the matter. Norweg

  • Norwegian - On Air episode #5: Norwegian Cargo

    In this podcast, Trine Nygaard, Cargo Manager in Norwegian Cargo, since the startup of our cargo business in 2013, shares the great potential of increasing the revenue from our air freight operations through an even closer collaboration especially with our Network and Revenue Department.

  • Norwegian reports solid passenger growth in March

    Norwegian carried close to 2.8 million passengers in March, an increase of 15 percent compared to the same month previous year. The growth this month is higher due to additional Easter traffic.

  • Norwegian Named Value Airline of the Year by Air Transport World

    Norwegian, the World’s Best Low-Cost Long-Haul Airline and Airline of the Year 2017, has been named ‘Value Airline of the Year’ by Air Transport World, the leading monthly magazine for the airline industry, at the ATW Airline Industry Achievement Awards.

  • Norwegian launches UK’s cheapest nonstop route to Texas

    Norwegian, voted world’s best low-cost long-haul airline, is continuing its global expansion today by launching the UK’s first low fare route to Texas, with the only non-stop service from London Gatwick to Austin, Texas.

  • Conference call to discuss market update and private placement

    There will be held a conference call at 10.00am CET on Wednesday 21 March to open up for questions regarding the market update and private placement announced today. The call will be hosted by CEO Bjørn Kjos and Acting CFO Tore Østby.
    Dial-in details:
    Please join the event conference 5-10 minutes prior to the start time using the confirmation code and any of the numbers provided below.
    Co

  • Norwegian Air Shuttle ASA - Information on the Subsequent Offering

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
    Reference is made to the announcement published by Norwegian Ai

  • Norwegian Air Shuttle ASA - Successfully completed Private Placement

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
    Reference is made to the stock exchange announcement published

  • Norwegian offers main shareholders to purchase additional shares

    The company has Tuesday afternoon announced a contemplated private placement of shares with gross proceeds of up to NOK 1,300 million by issuing new ordinary shares in the Company. Additional capital will boost competitiveness and protect existing and future investments in a market characterized by higher oil prices and fluctuating currencies.

  • Norwegian updates market and raises new equity

    The company will shortly announce a contemplated private placement of shares with gross proceeds of up to NOK 1,300 million by issuing new ordinary shares in the Company.In connection with the contemplated private placement, Norwegian is providing the following update to the market. Additional capital will boost competitiveness and protect existing and future investments in a market characterized

  • Norwegian concludes on accounting treatment of Norwegian Finans Holding (NOFI) - no impact on the book value of equity in Q1 2018

    Norwegian have today concluded on the accounting treatment of Norwegian Finans Holding (NOFI), resulting in a change for 2017. This will not have any impact on Norwegian’s book value of equity at 31 March 2018, as the investment in NOFI will be recognized at market value from Q1 2018, instead of the previously announced Q2 2017.
    In the interim report for Q4 2017, Norwegian commented that there

  • A new episode in the Norwegian – On Air podcast series is released

    This episode is dedicated to the theme of fuel, with focus on both the impact on cost and the environment. A large part of the fuel bill is outside our control, but which parts can be affected the company? To shed light on this topic, we have for the first time brought in two guests, both Fuel Manager Simon Mueller and and Fuel Savings Manager and pilot Stig Patey. The podcast can be accessed thro

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