About Norwegian Air Shuttle
Norwegian Air Shuttle is a company based in Fornebu (Norway) founded in 2002 by Bjorn Kjos.. The company has 7,270 employees as of December 31, 2024. Norwegian Air Shuttle has completed 2 acquisitions, including FlyNordic and Widere.
- Headquarter Fornebu, Norway
- Employees 7270 as on 31 Dec, 2024
- Founders Bjorn Kjos
- Stage Public
-
Sectors
Travel & Hospitality
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Norwegian Air Shuttle Asa
-
Annual Revenue
$3.11 B (USD)38.28as on Dec 31, 2024
-
Net Profit
$119.79 M (USD)-15.87as on Dec 31, 2024
-
EBITDA
$634.18 M (USD)24.32as on Dec 31, 2024
-
Latest Funding Round
$672.64 M (USD), Post-IPO
May 27, 2021
-
Investors
International Airlines Group
& 2 more
-
Employee Count
7270
as on Dec 31, 2024
-
Investments & Acquisitions
FlyNordic
& 1 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Norwegian Air Shuttle
Norwegian Air Shuttle is a publicly listed company on the OSL with ticker symbol NAS in Norway, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Unlock access to complete
Unlock access to complete
Leadership Team
27 people
Software Development Team
26 people
Sales and Marketing
13 people
Human Resources and Administration
13 people
Senior Team
12 people
Product Management Team
10 people
Finance and Accounting
10 people
Operations Team
8 people
Unlock access to complete
Funding Insights of Norwegian Air Shuttle
- Total Funding Total Funding
- Total Rounds 6
- Last Round Post-IPO — $672.6M
-
First Round
First Round
(02 Dec 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Post-IPO - Norwegian Air Shuttle | Valuation |
investors |
|
| Nov, 2019 | Amount | Post-IPO - Norwegian Air Shuttle | Valuation |
investors |
|
| Apr, 2018 | Amount | Post-IPO - Norwegian Air Shuttle | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Norwegian Air Shuttle
Norwegian Air Shuttle has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include International Airlines Group, European Union and Sissener. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Manages diversified investment portfolios across multiple asset classes.
|
Founded Year | Domain | Location | |
|
Passenger air transport and freight services are provided internationally.
|
Founded Year | Domain | Location | |
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Norwegian Air Shuttle
Norwegian Air Shuttle has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include FlyNordic and Widere. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Passenger airline operations are conducted from Stockholm, Sweden.
|
1996 | ||||
|
Regional passenger and cargo flights are operated in Scandinavia.
|
1934 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Norwegian Air Shuttle
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Norwegian Air Shuttle Comparisons
Competitors of Norwegian Air Shuttle
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Norwegian Air Shuttle
Frequently Asked Questions about Norwegian Air Shuttle
When was Norwegian Air Shuttle founded?
Norwegian Air Shuttle was founded in 2002 and raised its 1st funding round 13 years after it was founded.
Where is Norwegian Air Shuttle located?
Norwegian Air Shuttle is headquartered in Fornebu, Norway.
Who is the current CEO of Norwegian Air Shuttle?
Bjorn Kjos is the current CEO of Norwegian Air Shuttle. They have also founded this company.
How many employees does Norwegian Air Shuttle have?
As of Dec 31, 2024, the latest employee count at Norwegian Air Shuttle is 7,270.
What is the annual revenue of Norwegian Air Shuttle?
Annual revenue of Norwegian Air Shuttle is $3.11B as on Dec 31, 2024.
What does Norwegian Air Shuttle do?
Norwegian Air Shuttle was established in 2002 and is headquartered in Fornebu, Norway. As a low-cost carrier in the aviation sector, scheduled passenger transportation is provided across various routes. Operations are conducted using a fleet of Boeing aircraft, focusing on efficient and accessible air travel services within Europe and beyond. The company maintains a structure typical of budget airlines, emphasizing cost control in its service delivery.
Is Norwegian Air Shuttle publicly traded?
Yes, Norwegian Air Shuttle is publicly traded on OSL under the ticker symbol NAS.
How many acquisitions has Norwegian Air Shuttle made?
Who are Norwegian Air Shuttle's investors?
Norwegian Air Shuttle has 3 investors. Key investors include International Airlines Group, European Union, and Sissener.
What is Norwegian Air Shuttle's ticker symbol?
The ticker symbol of Norwegian Air Shuttle is NAS on OSL.