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 has won a favorable ruling from the Oslo District Court regarding its EU ETS obligations for 2020, during a period when it was undergoing reconstruction. The court decided that Norwegian could meet its obligations by offering dividends equivalent to the allowance obligations, rendering the NOK 400 million penalty for non-compliance unlawful. However, the Ministry of Climate and Environment has appealed this decision, which could affect the final outcome and financial implications for Norwegian.
More about Norwegian Air Shuttle ASA
Norwegian Air Shuttle ASA is a prominent airline company based in Norway, operating in the aviation industry. The company is known for providing affordable air travel options and has been a significant player in the European low-cost airline market.
YTD Price Performance: -2.43%
Average Trading Volume: 207,986
Technical Sentiment Consensus Rating: Buy
Current Market Cap: NOK10.42B
For a thorough assessment of 0FGH stock, go to TipRanks’ Stock Analysis page.
