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Norwegian Air Shuttle A NAS.OL · NOK

Industrials · Oslo Børs · 🇳🇴 Norway

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13.29

+2.78%

Close of 9 Nov 2026, in NOK

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About Norwegian Air Shuttle A

Its shares trade on Oslo Børs under the ticker NAS.OL. It has been listed since 18 December 2003. In the fiscal year to 31 December 2025, it reported revenue of NOK 37.65bn and net income of NOK 2.71bn. At that date it held total assets of NOK 42.03bn and shareholders' equity of NOK 7.67bn.

Norwegian Air Shuttle ASA engages in the provision of aviation, other transport, and travel-related activities. The company is headquartered in Lysaker, Akershus. The company went IPO on 2003-12-18. Norwegian operates short-haul point-to-point flights within the Nordics and from the Nordics to Continental Europe. The Norwegian Group consists of the parent company, Norwegian Air Shuttle ASA, and its directly or indirectly owned subsidiaries in Norway, Sweden, Denmark, Finland, Ireland, Spain, Latvia and the United States. The Group’s organization is divided into five functional business areas. Network, Pricing & Optimization aims to optimize the profit and loss for the airline through network, pricing and operations planning. Product & Digital Development delivers user experiences across digital and physical touchpoints. Marketing, Sales & Customer Care seeks to optimize sales, distribution and marketing. Operations conducts commercial airline activities. Support Functions has four important support functions: Finance & Control, People, Information Technology & Business Services and Communications & Public Affairs.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Industrials
Industry
Airlines
Listed since
18 Dec 2003
Employees
3,310

Leadership

Pay as last reported

  • Mr. Svein OygardIndependent Chairman of the BoardNOK 1.1m
  • Mr. Geir KarlsenChief Executive OfficerNOK 9.6m
  • Mr. Hans-Jorgen WibstadChief Financial OfficerNOK 5.1m
  • Mr. Tore JenssenChief Executive Officer of Wideroe, since 2024NOK 5.1m
  • Mr. Henrik FjeldChief Operation OfficerNOK 2.9m
  • Ms. Guro PoulsenChief People OfficerNOK 3.6m
  • Ms. Jeanette Bo-AlnesChief Performance Officer
  • Mr. Knut HoegChief IT & Business Services OfficerNOK 3.8m
  • Mr. Magnus MaursundChief Commercial OfficerNOK 3.8m
  • Ms. Anne-Sissel SkanvikChief Communications, Customer & Corporate Affairs OfficerNOK 3.1m
  • Ms. Katrine GundersenDirector, Employee RepresentativeNOK 150,000
  • Mr. Eric HolmDirector, Employee RepresentativeNOK 150,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
51
Environment
28
Social
73
Governance
53
Direct emissions (scope 1)
2,466,900 t
Energy emissions (scope 2)
509 t
Value chain emissions (scope 3)
532,146 t
Women in the workforce
40.8499%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Norwegian Air Shuttle ASA has several strengths that contribute to its success in the aviation industry. Firstly, the airline has a strong brand presence, which helps attract customers and build loyalty. Secondly, it has a large fleet of modern aircraft, allowing for efficient operations and improved customer experience. Thirdly, Norwegian Air Shuttle ASA offers competitive pricing, making air travel more accessible to a wider audience.

Weaknesses

  • Despite its strengths, Norwegian Air Shuttle ASA also faces some weaknesses. One notable weakness is the airline's high debt levels, which can impact its financial stability and ability to invest in future growth. Additionally, the airline relies heavily on a single market, Scandinavia, which exposes it to risks associated with economic fluctuations in that region. Furthermore, Norwegian Air Shuttle ASA has faced some operational challenges, such as flight delays and cancellations, which can negatively affect its reputation.

Opportunities

  • There are several opportunities that Norwegian Air Shuttle ASA can capitalize on. Firstly, the increasing demand for low-cost travel presents an opportunity for the airline to expand its market share. Secondly, the airline can explore new routes and destinations to attract more customers and generate additional revenue. Thirdly, Norwegian Air Shuttle ASA can leverage advancements in technology to improve its operational efficiency and customer service.

Threats

  • Like any other airline, Norwegian Air Shuttle ASA faces certain threats in the industry. One major threat is intense competition, both from traditional carriers and other low-cost airlines. This can lead to price wars and reduced profit margins. Additionally, external factors such as fuel price volatility and regulatory changes pose risks to the airline's financial performance. Lastly, events like natural disasters, political instability, or global pandemics can significantly impact air travel demand and disrupt operations.

Sources and methodology

Data on this tab
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Chart on the Overview
TradingView

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