Norwegian Air Shuttle ASA ( (GB:0FGH) ) has shared an announcement.
In 2024, Norwegian Air Shuttle reported a strong financial performance with an operating profit of NOK 1,873 million, despite a challenging fourth quarter affected by currency fluctuations. The acquisition of Widerøe contributed to a significant increase in passenger numbers, demonstrating the company’s growth in market share. Norwegian also made strides in sustainability, securing a top global ranking for its commitment to sustainable aviation fuel. The company is poised for further growth in 2025, planning to expand its fleet and focusing on cost efficiency and product enhancement to capitalize on increased Nordic tourism.
More about Norwegian Air Shuttle ASA
Norwegian Air Shuttle ASA is a prominent player in the aviation industry, offering passenger air transport services. The company has expanded its market presence through the acquisition of the regional carrier Widerøe and a focus on sustainable aviation practices. Norwegian Air Shuttle is noted for its efforts in integrating new technology and enhancing customer experience in the airline sector.
YTD Price Performance: -0.43%
Average Trading Volume: 226,424
Technical Sentiment Consensus Rating: Buy
Current Market Cap: NOK10.67B
For a thorough assessment of 0FGH stock, go to TipRanks’ Stock Analysis page.