Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Norwegian Air Shuttle ASA ( (GB:0FGH) ) has shared an announcement.
Norwegian Air Shuttle ASA concluded 2024 with a notable increase in passenger numbers and capacity, primarily driven by its acquisition of Widerøe and the addition of new routes. Despite operational challenges due to winter weather, Norwegian maintained a high regularity and improved punctuality, achieving a substantial growth in customer numbers and remaining one of the top punctual airlines in Europe. The Oslo District Court ruling in favor of Norwegian regarding EU ETS obligations is a significant financial win, potentially alleviating a NOK 400 million penalty burden.
More about Norwegian Air Shuttle ASA
Norwegian Air Shuttle ASA is a prominent player in the aviation industry, offering extensive air travel services with a focus on expanding its routes and destinations. The company has recently acquired Widerøe, enhancing its market presence and expanding its customer base.
YTD Price Performance: 2.40%
Average Trading Volume: 230,793
Technical Sentiment Consensus Rating: Buy
Current Market Cap: NOK10.77B
For an in-depth examination of 0FGH stock, go to TipRanks’ Stock Analysis page.
