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Norwegian Air Shuttle ASA (NWC.OL)

NWC.OL on Oslo Stock Exchange

182.70NOK
12 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Net Trading Group Starts Cooperation With Norwegian Air Shuttle ‍​
Tuesday, 28 Nov 2017 06:05am EST 

Nov 28 (Reuters) - Net Trading Group Ntg Ab (Publ) ::STARTS COOPERATION WITH NORWEGIAN AIR SHUTTLE ‍​.  Full Article

Successful placement of new secured bond
Wednesday, 1 Nov 2017 09:06am EDT 

Nov 1 (Reuters) - Norwegian Air Shuttle Asa :Successful placement of new secured bond.successfully completed a new secured bond issue of NOK 250 million with three year tenor at 3 month NIBOR + 3.95%. The settlement date for the bond is expected to be 21 November 2017.Arctic Securities acted as sole manager in connection with the new bond issue.  Full Article

Norwegian Air agrees 3-year labour deal with pilots
Wednesday, 1 Nov 2017 02:06am EDT 

Nov 1 (Reuters) - Norwegian Air Shuttle Asa :Agreed on new three-year collective labour agreement for Scandinavia.‍Norwegian Pilot Services and Norwegian Pilot Union in Scandinavia have agreed on a new three-year collective labour agreement​.‍agreement will provide Norwegian group with predictability and stability during period​.‍for pilots, agreement will provide competitive terms and conditions and good career opportunities​.‍agreement with Norwegian, Swedish and Danish pilots means that pilots will get a new collective labour agreement with competitive terms and conditions​.‍member associations will now be involved in composing details and signing agreement. Final agreement will be a referendum to members of NPU​.  Full Article

Norwegian Finans Holding aims to pay first dividend during Q2 2018
Tuesday, 31 Oct 2017 04:28am EDT 

Oct 31 (Reuters) - Norwegian Finans Holding Asa :CFO told company's earnings presenation on Tuesday: Company aims to make first dividend payment in q2 2018 based on q1 2018 earnings.  Full Article

Norwegian Air CEO says to finalise long-haul ramp-up by Q3 2018‍​
Thursday, 26 Oct 2017 02:45am EDT 

Oct 26 (Reuters) - Norwegian Air Shuttle Asa :CEO says by q3 2018 we will more or less finalise long-haul ramp-up and stabilise operation‍​.Says has strong liquidity, fully financed for 2017 and q1 2018.2018 unit cost estimate of NOK 0.38-0.39 ex. depreciation and 0.40-0.41 incl. depreciation, vs 2017 forecast ex. depreciation of 0.42.  Full Article

Norwegian Air Q3 earnings miss forecast, sees 35 pct production growth in 2018
Thursday, 26 Oct 2017 01:00am EDT 

Oct 26 (Reuters) - Norwegian Air Shuttle Asa :q3 net result nok ‍1​ billion (Reuters poll nok 1.45 billion).q3 revenue nok ‍1​0,074 million (Reuters poll nok 10.13 billion).q3 pretax result nok ‍1,351​ million (Reuters poll nok 2.0 billion).q3 ebitdar nok ‍​3,180 million (Reuters poll nok 3.63 billion).q3 adjusted ebitdar nok ‍​2,694 million (Reuters poll nok 2.92 billion).keeps 2017 outlook for 25 percent production growth and unit costs of nok 0.42.Norwegian guides for a production growth (ask) of 35 % for 2018‍​.Says demand and advance bookings satisfactory‍​ entering q4 2017.  Full Article

Avtech initiates new cooperation with Norwegian Air Shuttle
Wednesday, 25 Oct 2017 09:00am EDT 

Oct 25 (Reuters) - AVTECH SWEDEN AB (PUBL) ::AVTECH ANNOUNCES A NEW COOPERATION WITH NORWEGIAN AIR SHUTTLE.‍ANNOUNCED COOPERATION WILL ONLY HAVE A MARGINAL FINANCIAL EFFECT ON AVTECH DURING 2017​.‍JOINT PROJECT IS PLANNED TO LAST BETWEEN OCTOBER 2017 AND FEBRUARY 2018​.  Full Article

Norwegiana's subsidiary Arctic Aviation finalizes agreement with FPG Amentum for sale of Boeing 737- 800 aircrafts
Thursday, 21 Sep 2017 11:53am EDT 

Sept 21 (Reuters) - Norwegian Air Shuttle Asa :Norwegianâ's subsidiary Arctic Aviation finalized agreement with FPG Amentum for sale of 11 boeing 737- 800 aircraft.Transactions of nine Boeing 737- 800 aircraft operated by Norwegian was completed today.Remaining two aircrafts will be transferred during Q4.All 11 aircraft will be leased back and continue to be operated by Norwegian.  Full Article

Norwegian Air CEO, chairman eyeing to buy up to 1 mln shares in firm
Wednesday, 13 Sep 2017 10:52am EDT 

Sept 13 (Reuters) - Norwegian Air Shuttle Asa :HBK Holding AS, majority owned by Bjoern Kjos and with Bjoern H. Kise, as co-owner and chairman, has engaged Arctic Securities AS and Danske Bank to explore the opportunity to acquire up to approximately one million shares.Kjos is Norwegian Air's CEO. Bjørn Kise is Norwegian Air's chairman.The book building process commences immediately, and will close no later than at 0800 CET (0600 GMT), 14 September 2017..  Full Article

Norwegian Air says some Florida flights are impacted by hurricane Irma
Friday, 8 Sep 2017 01:28am EDT 

Sept 8 (Reuters) - Norwegian Air Shuttle Asa ::Norwegian air confirms that some of its flights to and from Florida are affected by Hurricane Irma.Norwegian air is working closely with all local authorities to minimize disruption and ensure a swift return to service.For more about the hurricane: nL2N1LO0AA.  Full Article

BRIEF-Net Trading Group Starts Cooperation With Norwegian Air Shuttle ‍​

* STARTS COOPERATION WITH NORWEGIAN AIR SHUTTLE ‍​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)