Norwegian Air Shuttle

Norwegian Air Shuttle

Third largest low-cost carrier in europe, the second-largest airline. Learn more

Launch date
Employees
Market cap
CAD1.7b
Enterprise valuation
CAD2.5b (Public information from Sep 2024)
Bærum Viken (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
NOK2020202120222023202420252026
Revenues9.1b5.1b18.9b25.5b34.8b36.6b38.0b
% growth(79 %)(44 %)272 %35 %36 %5 %4 %
EBITDA(3.2b)(1.9b)934m6.2b7.0b7.6b8.1b
% EBITDA margin(35 %)(38 %)5 %24 %20 %21 %21 %
Profit(23.1b)1.9b1.0b1.7b1.5b1.7b2.0b
% profit margin(253 %)37 %5 %7 %4 %5 %5 %
EV / revenue4.8x2.3x0.5x0.6x0.3x0.2x0.2x
EV / EBITDA-13.6x-6.1x9.8x2.4x1.7x1.1x0.8x
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DateInvestorsAmountRound
N/A

N/A

IPO
N/A

NOK1.3b

Post IPO Equity

N/A

Post IPO Equity

$353m

Post IPO Equity

$271m

Post IPO Debt

$714m

Post IPO Debt
N/A

$446m

Private Placement non VC
Total Funding-

Recent News about Norwegian Air Shuttle

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More about Norwegian Air Shuttle
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Norwegian was founded in 1993 but began operating as a low-cost carrier with Boeing 737 aircraft in 2002. Since then, our mission has been to offer affordable fares for all and to allow customers to travel the smart way by offering value and choice throughout their journey. Norwegian has been voted Europe’s Best Low-Cost airline by Skytrax for six consecutive years and won Airline Program of the Year Europe & Africa at the Freddie Awards for four consecutive years. Since 2012, Norwegian has won over 55 awards for our service, product, and innovation in the industry. We were the first airline in the world to join the UN Climate Secretariat’s climate action-initiative in 2019, pledging to work systematically to become carbon neutral by 2050. Norwegian operates a short haul network across the Nordics and to key European destinations providing customers with excellent quality at affordable fares. Norwegian is listed on the Oslo Stock Exchange.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Norwegian Air Shuttle

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Widerøe
ACQUISITION by Norwegian Air Shuttle Jul 2023