|Bid||9.99 x 6100|
|Ask||10.01 x 128200|
|Day's Range||9.90 - 10.19|
|52 Week Range||8.57 - 51.38|
|Beta (5Y Monthly)||1.10|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct. 28, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Norwegian airline start-up Norse Atlantic Airways has signed a collective agreement with the British Airline Pilots Association (BALPA), the two said in a joint statement on Wednesday. Norse listed on Oslo's stock market this year and seeks to fill the void left by Norwegian Air's exit from transatlantic routes using 15 leased Boeing 787 Dreamliner planes. "We are thrilled to be collaborating with BALPA to offer pilots the opportunity to return to the cockpit and create hundreds of new jobs in the UK, especially following a tough time for the entire aviation industry," Bjorn Tore Larsen, chief executive of Norse Atlantic Airways, said.
OSLO (Reuters) -Norwegian Air said on Tuesday it would not need to raise more cash as easing COVID-19 travel restrictions lifted bookings, although the budget carrier which has emerged from bankruptcy proceedings did not provide a 2021 outlook. The pandemic sent the indebted airline into bankruptcy proceedings https://www.reuters.com/business/aerospace-defense/norwegian-air-saved-collapse-reinvents-regional-carrier-2021-05-26 last year, forcing it to terminate its transatlantic network and to cut more than 6,000 jobs to survive. "We will very much be ready for the peak season (of 2022), so there is no risk today that we will have to go out and get more capital in the foreseeable future," Chief Executive Geir Karlsen told Reuters.
Norway's Norse Atlantic , a recently formed long-haul airline that plans to challenge established players on routes between Europe and the United States, has agreed to lease six aircraft from BOC Aviation, it said on Monday. The leasing agreement expands the budget carrier's fleet to 15 widebody jets, all Boeing 787 Dreamliners, as Norse seeks to fill the void left by Norwegian Air's exit from transatlantic routes. Norse has said it could offer its first flights by the end of 2021, depending on how the pandemic and travel restrictions develop.