|Bid||0.9310 x N/A|
|Ask||0.9352 x N/A|
|Day's range||0.8964 - 0.9400|
|52-week range||0.8000 - 48.1700|
|Beta (5Y monthly)||1.26|
|PE ratio (TTM)||N/A|
|Earnings date||29 Oct 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||224.45|
In August, Sweden rejected a state credit guarantee for the budget airline.
Norway's government has extended loan guarantees for the country's airlines, including Norwegian Air <NORR.OL>, by two months until the end of 2020, the Industry Ministry said on Sunday. The government has changed the terms of the state guarantee scheme, the industry ministry said in a statement, without disclosing specifics. "The changes we now propose are designed for the scheme to help more airlines than those who have already used it," Industry Minister Iselin Nyboe said in the statement.
Norwegian Air <NORR.OL> aims to secure funding this year for the next 18 months or more to see it through the COVID-19 pandemic, the budget airline said on Friday after reporting first-half losses of $610 million (459.61 million pounds). Creditors and lessors took control of Norwegian in May with a financial rescue that allowed it to access state-guaranteed loans of 3 billion crowns, with the aim of keeping the airline in business until demand for air travel resumes. "Given the current market conditions it is not enough to get through this prolonged crisis," Chief Executive Jacob Schram said in a statement.