Norwegian

Norwegian is an airline company that provides passenger and freight transportation services. Read more

Jacob Schram's photo - CEO of Norwegian

CEO

Jacob Schram

CEO Approval Rating

85/100

Founded:

1993

Status:

PublicIndependent CompanyOTCBBNWARF

NORWEGIAN TOP COMPETITORS OR ALTERNATIVES

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easyJet is Norwegian's top competitor. easyJet is headquartered in Bedfordshire, England, and was founded in 1995. Like Norwegian, easyJet also operates in the Airlines field. easyJet generates 37% the revenue of Norwegian.

Ryanair is seen as one of Norwegian's top competitors. Ryanair's headquarters is in Swords, County Dublin, and was founded in 1984. Like Norwegian, Ryanair also works within the Airlines industry. Ryanair generates 145% of Norwegian's revenue.

Southwest Airlines has been one of Norwegian's top competitors. Southwest Airlines was founded in 1967, and its headquarters is in Dallas, Texas. Like Norwegian, Southwest Airlines also works within the Airlines field. Southwest Airlines has 45,051 more employees than Norwegian.

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Norwegian Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$1.8B

Norwegian's revenue is the ranked 18th among it's top 10 competitors. The top 10 competitors average 4.7B. Over the last two quarters, Norwegian's revenue has grown by 108%. Specifically, in Q3 2020's revenue was $136.2M; in Q2 2020, it was $65.5M.

Norwegian Acquisitions

No recent acquisitions found related to Norwegian

Norwegian Funding History

Since Norwegian was founded in 1993, it has participated in 4 rounds of funding. In total Norwegian has raised $570.6M. Norwegian's last funding round was on May 2020 for a total of $271.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
May 2020
$271M
-
Debt
Mar 2020
$26.6M
-
Private Placement
Nov 2019
$273M
-
Equity
Apr 2018
--

Since Norwegian was founded in 1993, it has participated in 4 rounds of funding. In total Norwegian has raised $570.6M. Norwegian's last funding round was on May 2020 for a total of $271.0M

Norwegian Investments

No recent investments found related to Norwegian

Norwegian News

May 27, 2021Breaking Travel News

Norwegian completes financial restructuring process

The company said it can now look ahead with a significantly strengthened balance sheet and a right-si... See more »
May 26, 2021Manufacturingnet

Low-Cost Airline 'Has Been Saved,' CEO Says

In January, the company presented a plan that cut its fleet from 140 aircraft to about 50.... See more »
May 26, 2021Reuters

Norwegian Air, saved from collapse, reinvents as regional carrier

Norwegian Air (NORR.OL) emerged from six months of bankruptcy protection on Wednesday with a smaller ... See more »
May 26, 2021Flight Global

Norwegian exits bankruptcy after shedding two-thirds of its fleet

Norwegian has "successfully emerged" from bankruptcy protection with a much slimmed down fleet of 51 ... See more »
May 26, 2021MarketScreener

CEO eyes rise in bookings ahead of European summer

(marketscreener.com) More customers are booking flights with Norwegian Air for the upcoming summer se... See more »
May 18, 2021Travel Weekly

Norwegian Air 'determined' to finalise financial overhaul

Restructure plan set to be rubber stamped... See more »

Norwegian Press Releases

February 26, 2021News n Releases

Norwegian Air to serve Nordic and Europe with 53 narrow body aircraft in 2021

OSLO: Norwegian Air Shuttle will focus on a strong and profitable Nordic and European network. The co... See more »
January 14, 2021News n Releases

Norwegian Air Shuttle presents plan for reconstruction, exit Irish examinership - NewsnReleases

OSLO: The Board of Directors of Norwegian Air Shuttle ASA announced an indicative plan and set of act... See more »
December 23, 2020News n Releases

Norwegian Air Shuttle announces conversion of perpetual bonds, new share capital registered - NewsnReleases

OSLO: Reference is made to the Norwegian Air Shuttle ASA perpetual 0% EUR convertible bond loan in th... See more »
December 10, 2020centralcharts

Norwegian healthcare region has appointed Sectra as enterprise imaging vendor for efficient region-wide patient care

Norwegian healthcare region has appointed Sectra as enterprise imaging vendor for efficient region-wi... See more »
December 8, 2020Cision

Norwegian based Kolonial orders carts worth 2 million SEK

The largest company in Norway for online food deliveries has placed another order for carts to... See more »
December 3, 2020Cision Canada

Norwegian Cruise Line Reunites Award-Winning Broadway Stars for "EMBARK NCL Spotlight" Episode, "Live From Broadway"

/CNW/ -- Norwegian Cruise Line, the innovator in global cruise travel with a 53-year history of break... See more »
September 5, 2020News n Releases

Norwegian Air Shuttle posts significant decline in August traffic | Ne

The average flying distance for the Group decreased by 52% in August compared to the same period last... See more »

Norwegian Videos

Social Media

Norwegian Headquarters

Postboks 115

Bærum, Akershus1330

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Norwegian Summary

ABOUT

Overview

Norwegian is an airline company that provides passenger and freight transportation services. Norwegian was founded in 1993. Norwegian's headquarters is located in Bærum, Akershus, NO 1330. It has raised 570.6M in 4 rounds. The latest round was in May ...

CEO

Norwegian's CEO, Jacob Schram, currently has an approval rating of 85%. Norwegian's primary competitors are easyJet, Ryanair & Southwest Airlines.

Frequently Asked Questions about Norwegian

  1. When was Norwegian founded?

    Norwegian was founded in 1993
  2. Who is Norwegian's CEO?

    Norwegian's CEO is Jacob Schram
  3. How much revenue does Norwegian generate?

    Norwegian generates $1.8B in revenue
  4. How much funding does Norwegian have?

    Norwegian has historically raised $570.6M in funding
  1. Where is Norwegian's headquarters?

    Norwegian's headquarters is in Bærum Akershus, NO
  2. How many employees does Norwegian have?

    Norwegian has 11,000 employees
  3. What sector does Norwegian operate in?

    Norwegian is in Airlines
  4. Who are Norwegian's competitors?

    Norwegian's top competitors are easyJet, Ryanair, Southwest Airlines