|Bid||9.46 x 6100|
|Ask||9.65 x 128200|
|Day's range||8.91 - 9.61|
|52-week range||8.57 - 51.38|
|Beta (5Y monthly)||1.10|
|PE ratio (TTM)||N/A|
|Earnings date||28 Oct 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
OSLO (Reuters) -Norwegian Air reported a 68% rise in third-quarter revenue on Thursday, as European travel gradually recovers from the pandemic, and the airline said it would continue to scale up following a brush with bankruptcy that slashed its business. The budget carrier's sales for July-September amounted to 1.52 billion Norwegian crowns ($180 million), up from 905 million crowns a year ago when travel remained severely restricted by COVID-19 lockdowns. The pandemic sent the indebted airline into bankruptcy proceedings https://www.reuters.com/business/aerospace-defense/norwegian-air-saved-collapse-reinvents-regional-carrier-2021-05-26 last year, forcing it to terminate its transatlantic network before emerging in a slimmed-down version in May 2021.
Budget carrier Norwegian Air has agreed to lease up to 13 Boeing aircraft in anticipation of higher demand for travel next summer, it said on Wednesday. The lease concerns Boeing's 737-800 NG aircraft, with delivery to begin in the fourth quarter of this year and through the first quarter of next year. Norwegian Air did not say who the lessors were but said in a statement they "are experienced and have prior relationships with Norwegian".
Norwegian airline start-up Norse Atlantic Airways has signed a collective agreement with the British Airline Pilots Association (BALPA), the two said in a joint statement on Wednesday. Norse listed on Oslo's stock market this year and seeks to fill the void left by Norwegian Air's exit from transatlantic routes using 15 leased Boeing 787 Dreamliner planes. "We are thrilled to be collaborating with BALPA to offer pilots the opportunity to return to the cockpit and create hundreds of new jobs in the UK, especially following a tough time for the entire aviation industry," Bjorn Tore Larsen, chief executive of Norse Atlantic Airways, said.