Norwegian Air Shuttle

Fornebu, Norway Founded: 2002 • Age: 24 yrs Listed
Low-cost scheduled passenger flights are operated by Norwegian Air Shuttle.

About Norwegian Air Shuttle

Norwegian Air Shuttle is a publicly listed company based in Fornebu (Norway) founded in 2002 by Bjorn Kjos. Low-cost scheduled passenger flights are operated by Norwegian Air Shuttle. The company has 7,270 employees. Norwegian Air Shuttle has completed 2 acquisitions, including FlyNordic and Widere. Its chief executive, as recorded, is Bjorn Kjos. Its website norwegian.com draws about 5.9 million monthly visits. Its focus areas include Travel and Hospitality, Travel Agencies, Ticketing and Flight.

Company details

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.

  • Headquarters Fornebu, Norway
  • Employees 7,270
  • Founders Bjorn Kjos
  • Stage Public
  • Sectors
    Travel & Hospitality
  • Website category Travel and Tourism · Air Travel
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website norwegian.com
  • Social LinkedIn X Facebook
  • Legal Name Norwegian Air Shuttle Asa
Key Metrics
  • Annual Revenue
    $3.74 B (USD)
    6.6
    as on Dec 31, 2025
  • Net Profit
    $262.92 M (USD)
    95.26
    as on Dec 31, 2025
  • EBITDA
    $742.13 M (USD)
    3.9
    as on Dec 31, 2025
  • Latest Funding Round
    $672.64M (USD), Post-IPO

    May 2021

  • Investors
  • Employee Count
    7,270
  • Investments & Acquisitions
    FlyNordic

    & 1 more

Funding Insights of Norwegian Air Shuttle

  • Total Rounds 6
  • Last Round Post-IPO β€” $672.64M
  • First Round $132.4M

    (Dec 2015)

  • Investors Count 3

All 6 funding rounds of Norwegian Air Shuttle with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2021$672.64MPost-IPO––
–
Nov 2019$274.43MPost-IPO––
Apr 2018Post-IPO––
Mar 2018$168MPost-IPO––
–
Oct 2016$154,769Grant––
Dec 2015$132.4MDebt – Conventional––
–
Valuation history

3 investors in total: 3 institutional.

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.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Manages diversified investment portfolios across multiple asset classes.
2009sissener.noOslo, Norway
Passenger air transport and freight services are provided internationally.
2011iairgroup.comLondon, United Kingdom
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
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Investor details for Norwegian Air Shuttle

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People of Norwegian Air Shuttle

179 people are tracked at Norwegian Air Shuttle (46 in leadership, 9 in board & advisors, 124 in team); the tracked headcount is 7,270.

NameRoleGroup
Bjorn Kjos
Founder & CEOLeadership
Tina Fristrup
Sales Activation Director, DenmarkLeadership
Vikki mc Namee
Director PlanningLeadership
Guro H. Poulsen
Chief People OfficerLeadership
Magnus Thome Maursund
Chief Commercial OfficerLeadership
Fredrik S. Neraker
Tax DirectorLeadership
Jan Olav Nes
Head Of Aircraft Operation ITLeadership
Sara Westphal Emborg Neergaard
Country Director Corporate AffairsLeadership
Silje Tynes
Director Network StrategyLeadership
Christina Rekdal
Director HR NorwayLeadership
Johan Bisgaard Larsen
VP Sales And DistributionLeadership
Jappe Kjaer
VP Business ITLeadership
Charlotte Muri
Head Of CEO OfficeLeadership
Thomas Klokkerhaug
Director IT Digital & Business DevelopmentLeadership
Dagfinn Misund
Head Of Payment & Fraud SolutionLeadership
Jesper Meyer Hatletveit
VP Investor RelationsLeadership
Cecilie Nybø Carlsen
Vice President Product & Customer ExperienceLeadership
Henrik F.
COO & Accountable ManagerLeadership
Mira Linnamaa
Director Of Communications And Public Affairs, FinlandLeadership
Lars Sande
Vice President Of Global SalesLeadership

159 more people are available in the full profile.

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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.

  • IPO date17 Oct 2012
  • Listed onNASDAQ OMX: NASo
  • Listed entityNorwegian Air Shuttle ASA
  • Exchange sectorTransportation
  • ISINNO0010196140
  • Share price11.13 NOK (-0.31% on the day) · 2026-10-14
  • Market capitalisation11,781,742,184.00 NOK
  • Price to earnings7.3
  • EPS (diluted, trailing year)1.53 NOK
  • Dividend yield15.36%
  • Volume (last session)1,034,095

Financials of Norwegian Air Shuttle

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
202537.65B NOK2.65B NOK7.48B NOK
202435.32B NOK1.36B NOK7.20B NOK
202325.54B NOK1.61B NOK5.79B NOK
202218.07B NOK919.6M NOK1.25B NOK
20214.87B NOK1.87B NOK-2.30B NOK
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Detailed financial statements for Norwegian Air Shuttle

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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Regional passenger and cargo flights are operated in Scandinavia.
wideroe.noBodo, Norway1934Jul 2023$106M
Passenger airline operations are conducted from Stockholm, Sweden.
flynordic.comStockholm, Sweden1996Apr 2007β€’β€’β€’β€’
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Timeline of Norwegian Air Shuttle

6 dated milestones of Norwegian Air Shuttle across 21 years, from founding to its latest funding, stage changes and deals.

  1. Founded Norwegian Air Shuttle is founded.
  2. Acquisition Acquires FlyNordic.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding First funding round of $132.4M.
  5. Funding Latest funding round, Post-IPO, of $672.6M.
  6. Acquisition Acquires Widere.

Web traffic of Norwegian Air Shuttle

The website of Norwegian Air Shuttle (norwegian.com) receives about 5.9M visits a month and ranks #9,338 among all websites worldwide, #248 in Air Travel.

  • Monthly visits
    5.9M

    ▲ 30.7% vs previous month

  • Unique visitors
    1.8M

    per month

  • Global rank
    #9,338

    among all websites

  • Category rank
    #248

    Travel and Tourism · Air Travel

Similar websites

Websites whose visitors overlap most with Norwegian Air Shuttle. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
flysas.com
100%
4.3M#12,236View details
ryanair.com
95%
53.9M#811View details
lufthansa.com
94%
12M#3,830View details
sas.se
sas.se
92%
#25,332–
wizzair.com
79%
18.8M#2,652View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Norwegian Air Shuttle

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Frequently Asked Questions about Norwegian Air Shuttle

Norwegian Air Shuttle was founded in 2002 and raised its 1st funding round 13 years after it was founded.

Norwegian Air Shuttle is headquartered in Fornebu, Norway.

Bjorn Kjos is the CEO of Norwegian Air Shuttle, as recorded in our data. They have also founded this company.

Norwegian Air Shuttle has 7,270 employees.

Annual revenue of Norwegian Air Shuttle is $3.74B as on Dec 31, 2025.

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.

Yes, Norwegian Air Shuttle is publicly traded on OSL under the ticker symbol NAS.

Norwegian Air Shuttle has made 2 acquisitions, including FlyNordic, and Widere.

Norwegian Air Shuttle has 3 investors. Key investors include International Airlines Group, European Union, and Sissener.

The website of Norwegian Air Shuttle receives about 5.9 million visits a month and ranks #9,338 among all websites worldwide.

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