NAS on Oslo Stock Exchange

Norwegian Air Shuttle

Logo: Norwegian Air Shuttle ASA, Public domain, via Wikimedia Commons3

Low-cost airline of Norway

Norwegian Air Shuttle ASA, trading as Norwegian, is a Norwegian low-cost airline and Scandinavia's second-largest airline, behind Scandinavian Airlines. It is the fourth largest low-cost carrier in Europe behind Wizz Air, easyJet and Ryanair; the largest airline in Norway; and the ninth largest airline in Europe in terms of passenger numbers.2 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

Jan 22, 1993Founded1

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  • TickerNAS on Oslo Stock Exchange1
  • HeadquartersFornebu1
  • Founded inOslo1
  • Websitewww.norwegian.com
  • Legal formForeign company not registered with the RCS, aksjeselskap1
  • Listed onover-the-counter trading (NWARF), Oslo Stock Exchange (NAS)1
  • Slogan“World's Best Long-Haul, Low-Cost Airline.”1

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Boeing 737-8JP(w) ‘LN-DYD’ Norwegian Air Shuttle (42567575274)
Photo: Alan Wilson from Stilton, Peterborough, Cambs, UK, CC BY-SA 2.0, via Wikimedia Commons4

Norwegian Air Shuttle ASA, trading as Norwegian, is a Norwegian low-cost airline and Scandinavia's second-largest airline, behind Scandinavian Airlines. It is the fourth largest low-cost carrier in Europe behind Wizz Air, easyJet and Ryanair; the largest airline in Norway; and the ninth largest airline in Europe in terms of passenger numbers. It offers a high-frequency domestic flight schedule within Scandinavia and Finland, and to business destinations such as London, as well as to holiday destinations in the Mediterranean and the Canary Islands, transporting over 30 million people in 2016. The airline is known for its distinctive livery of white with a red nose, with portraits of high achievers or famous figures on the tail fins of its aircraft.2

The story

Founded by Bjørn Kjos on Jan 22, 1993, in Oslo.1

Leadership

Who has led Norwegian Air Shuttle, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Geir Karlsen2021–now
1995200020052010201520202025

Subsidiaries and ownership

Parent company

  • Bank Norwegian

Subsidiaries

  • Bank Norwegian
  • Norwegian Air International
  • Norwegian Air Norway
  • Norwegian Air Sweden
  • Norwegian Air UK
  • Norwegian Long Haul
  • Norwegian Reward

Also owns

  • Norwegian Magazine

From Wikidata.1

Acquisitions

  1. Succeeded Busy Bee1

Employees over time

  • 20262081

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Norwegian Air Shuttle revenue by year118.9B NOK in 2022+272% since 2021
05.0B NOK10.0B NOK15.0B NOK20.0B NOK2021: 5.1B NOK5.1B NOK20212022: 18.9B NOK18.9B NOK2022+272%
  • 202218.9B NOK1
  • 20215.1B NOK1

Net income

Norwegian Air Shuttle net income by year11.0B NOK in 2022−46% since 2021
0500.0M NOK1.0B NOK1.5B NOK2.0B NOK2021: 1.9B NOK1.9B NOK20212022: 1.0B NOK1.0B NOK2022−46%
  • 20221.0B NOK1
  • 20211.9B NOK1

Timeline

  1. Jun 2021New chief executive Geir Karlsen becomes CEO1
  2. 2003Went public Listed on Oslo Stock Exchange1
  3. Jan 22, 1993Founded Founded in Oslo1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
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