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Norwegian Air Shuttle ASA (NWARF)

Other OTC - Other OTC Delayed Price. Currency in USD
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2.8400-0.2000 (-6.58%)
At close: 3:58PM EDT
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Trade prices are not sourced from all markets
Previous Close3.0400
Open2.7100
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range2.6500 - 2.8500
52 Week Range0.0350 - 11.1800
Volume71,927
Avg. Volume16,526
Market Cap239.089M
Beta (5Y Monthly)1.31
PE Ratio (TTM)N/A
EPS (TTM)-122.2820
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.85
  • Reuters

    UPDATE 1-Norwegian Air eyes pre-pandemic European travel demand in 2023-24

    Budget airline Norwegian Air expects demand for European short-haul travel to return to pre-pandemic levels in 2023 or 2024, it said as it presented a first-quarter pretax loss of 1.19 billion crowns ($145 million) on Thursday. "It is not expected that demand for short-haul travel in Europe will return to 2019 levels before 2023 or 2024 and so Norwegian will deploy capacity back into the market at a pace that matches this," the airline said in a statement. Financed largely by debt, Norwegian Air grew rapidly as it served routes across Europe and to North and South America, Southeast Asia and the Middle East before the COVID-19 pandemic plunged the airline into crisis.

  • Norwegian Air to raise additional cash before bankruptcy exit
    Reuters

    Norwegian Air to raise additional cash before bankruptcy exit

    Norwegian Air now aims to raise up to 6 billion crowns ($711 million) in fresh capital, up from a planned 4.5 billion, to bolster its resources before emerging from bankruptcy protection next month as the pandemic continues to curb travel. Financed largely by debt, Norwegian Air grew rapidly, serving routes across Europe and flying to North and South America, Southeast Asia and the Middle East before the COVID-19 pandemic plunged the airline into crisis. "We want to take a conservative approach at a time when the pandemic and travel restrictions continue to create unpredictability in the travel sector," Chief Executive Jacob Schram said in a statement on Wednesday.

  • U.S. should deny market access to Norwegian budget airline - lawmaker
    Reuters

    U.S. should deny market access to Norwegian budget airline - lawmaker

    WASHINGTON (Reuters) -The chairman of the U.S. House Transportation and Infrastructure Committee on Wednesday urged the Biden administration to deny a permit for a new low-cost Norwegian carrier to enter the domestic market. Representative Peter DeFazio, in a statement released ahead of a hearing Thursday, urged Transportation Secretary Pete Buttigieg to deny Norse Atlantic permission to enter the U.S. market. Last week, Reuters reported the budget airline planned to fly from U.S. destinations such as New York, Los Angeles and Miami to European cities including London, Paris and Oslo, with a goal of launching its first flight in December this year.