Aankondiging • Jul 08
Norse Atlantic Airways Adds Second Direct World Cup Flight from Oslo to Miami Norse Atlantic Airways had demand for its first direct flight from Oslo to Miami following Norway's historic FIFA World Cup quarter-final qualification that was so strong that the flight sold out almost immediately. Norse has now secured capacity for a second direct Dreamliner service, giving even more Norwegian supporters the opportunity to cheer on the national team against England. The first Miami service was announced after Norway's memorable victory over Brazil. Work immediately began to source an additional aircraft, crew and airport slots, enabling Norse to add a second direct service departing Oslo on Friday evening and returning from Miami on Sunday evening. Within just a few days, Norse has now added two extra Dreamliner flights to the US in response to the exceptional demand created by Norway's remarkable World Cup campaign. With two Dreamliners, Norse will carry 676 Norwegian supporters to Miami, which represents over one percent of the stadium's total capacity. The first special Norse World Cup service to New York became far more than just a flight. With Norwegians celebrating onboard, singing, and the now-famous rowing tradition, the journey itself became part of the World Cup experience. Norway has reached its first-ever FIFA World Cup quarter-final, triggering unprecedented interest among supporters across the country. Aankondiging • Jun 27
Norse Atlantic Asa Announces Board and Committee Appointments Norse Atlantic ASA, at the AGM held on 25 June 2026 appointed Mario Solari and Bente Sollid as members of the board of directors for the period until the annual general meeting. Hence, the Board will consist of the following members (with the terms of office as indicated): Terje Bodin Larsen, chair (until the 2027 AGM) Mario Solari, board member (until the 2028 AGM), Bente Sollid, board member (until the 2028 AGM), Sofi Mylona, board member (until the 2027 AGM) and Felix Fürst, board member (until the 2027 AGM). Bjørn Kjos is elected as member of the nomination committee for the period until the annual general meeting in 2028. Hence, the nomination committee will consist of the following members (with the terms of office as indicated): Dag Erik Rasmussen, chair (until the 2027 AGM) and Bjørn Kjos, member (until the 2028 AGM) (new). Aankondiging • Jun 19
Norse Atlantic Airways Expands Thailand Winter Program with New and Increased Services from the Uk, Norway and Sweden Norse Atlantic Airways announced a significant expansion of its Thailand program for Winter 2026/27, adding capacity across the UK, Norway and Sweden in response to continued strong customer demand for travel to Southeast Asia. The expansion includes the launch of a new three-times-weekly service between London Gatwick (LGW) and Phuket (HKT), alongside an increase in flights between Manchester (MAN) and Bangkok (BKK) to four weekly services from December 2026. Norse Atlantic will continue to service popular Winter-Sun destinations, such as routes between London Gatwick (LGW) to Bangkok (BKK) and Cape Town (CPT) throughout the season. In Scandinavia, Norse will also boost frequencies on its Thailand routes from both Oslo and Stockholm: Oslo (OSL) - Bangkok (BKK): increased up to 5 weekly flights; Oslo (OSL) - Phuket (HKT): increased up to 2 weekly flights; Stockholm Arlanda (ARN) - Bangkok (BKK): increased up to 5 weekly flights; Stockholm Arlanda (ARN) - Phuket (HKT): increased up to 2 weekly flights. The program expansion follows material progress for Norse Atlantic during 2026, including continued improvements in operational performance, strong customer demand and the ongoing execution of the company's Falcon transformation program. Aankondiging • Jun 10
Norse Atlantic Airways Announces Appointment of Frans Leenaars to Chief Commercial Officer, Effective June 9, 2026 Norse Atlantic Airways announced the appointment of Frans Leenaars as Chief Commercial Officer (CCO), effective June 9, 2026. Frans joins Norse with more than two decades of international leadership experience across aviation, travel and customer-focused businesses. Throughout his career, he has held senior commercial positions within Air France-KLM and Disney Parks & Resorts, as well as a range of executive leadership roles at TUI Group, one of the world's leading travel companies. As CCO, he will be responsible for leading Norse's global commercial strategy and technology developments, including continued network development, partnerships, customer experience, revenue management, sales, marketing and IT. New Risk • Jun 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.35m (US$9.62m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Negative equity (-US$284m). Market cap is less than US$10m (€8.35m market cap, or US$9.62m). Breakeven Date Change • Jun 03
Forecast breakeven date pushed back to 2027 The analyst covering Norse Atlantic previously expected the company to break even in 2026. New forecast suggests losses will reduce by 46% to 2026. The company is expected to make a profit of US$17.3m in 2027. Average annual earnings growth of 78% is required to achieve expected profit on schedule. Reported Earnings • May 22
First quarter 2026 earnings released: US$0.15 loss per share (vs US$0.10 loss in 1Q 2025) First quarter 2026 results: US$0.15 loss per share (further deteriorated from US$0.10 loss in 1Q 2025). Revenue: US$160.3m (up 28% from 1Q 2025). Net loss: US$24.0m (loss widened 61% from 1Q 2025). Revenue is expected to decline by 2.1% p.a. on average during the next 3 years, while revenues in the Airlines industry in Europe are expected to grow by 5.0%. Aankondiging • Apr 15
Norse Atlantic ASA has filed a Follow-on Equity Offering in the amount of NOK 1.035452 billion. Norse Atlantic ASA has filed a Follow-on Equity Offering in the amount of NOK 1.035452 billion.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,070,904,000
Price\Range: NOK 0.5
Transaction Features: Rights Offering Aankondiging • Mar 06
Norse Atlantic Airways Adds Additional Flights Between London Gatwick and Bangkok Norse Atlantic Airways will add two additional round-trip flights between London Gatwick Airport LGW and Suvarnabhumi Airport BKK in response to increased demand for travel between Europe and Southeast Asia. Recent developments affecting airspace in parts of the Middle East have led to changes in global flight operations and increased demand on alternative routings between continents. To help support passengers and maintain vital connectivity, Norse is adding the following flights: · 9 March - LGW-BKK (Z0793) - 12:25 local time · 10 March - BKK-LGW (Z0794) - 09:50 local time · 11 March - LGW-BKK (Z0793) - 08:50 local time · 12 March - BKK-LGW (Z0794) - 05:25 local time. The additional services will help accommodate travelers affected by changing travel patterns and increased demand between Europe and Thailand. The additional flights will be operated with Norse Atlantic Airways' Boeing 787 Dreamliner aircraft, offering both Economy and Biz Premium cabins. Reported Earnings • Mar 02
Full year 2025 earnings released: US$0.42 loss per share (vs US$1.05 loss in FY 2024) Full year 2025 results: US$0.42 loss per share (improved from US$1.05 loss in FY 2024). Revenue: US$734.0m (up 25% from FY 2024). Net loss: US$61.9m (loss narrowed 54% from FY 2024). Revenue is forecast to stay flat during the next 3 years compared to a 5.0% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. New Risk • Jan 13
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €85.5m (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Negative equity (-US$238m). Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (€85.5m market cap, or US$99.6m). Aankondiging • Jan 01
Norse Atlantic ASA Announces Retirement of Aase Mikkelsen as Member of the Board Norse Atlantic ASA announced that Aase Mikkelsen is retiring from her lifelong career in the aviation industry end of 2025 to devote her time to family and humanitarian work and consequently steps down from her role as member of the board of directors of the company. Breakeven Date Change • Nov 26
Forecast to breakeven in 2026 The analyst covering Norse Atlantic expects the company to break even for the first time. New forecast suggests the company will make a profit of US$37.7m in 2026. Average annual earnings growth of 75% is required to achieve expected profit on schedule. Board Change • Nov 17
No independent directors There are 8 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 8 new directors. 3 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). Chairman Terje Larsen is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Aankondiging • Oct 28
Norse Atlantic ASA has filed a Follow-on Equity Offering in the amount of NOK 93.039992 million. Norse Atlantic ASA has filed a Follow-on Equity Offering in the amount of NOK 93.039992 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 12,092,853
Price\Range: NOK 7.6938
Transaction Features: Rights Offering Aankondiging • Jul 30
Norse Atlantic Appoints Kristin Berthelsen as Deputy Chief Executive Officer, Effective July 30, 2025 Norse Atlantic ASA announced the appointment of Kristin Berthelsen as Deputy Chief Executive Officer, effective July 30, 2025. Ms. Berthelsen has been a member of Norse Atlantic's senior management since 2021 and previously held the position of Chief of Staff and Culture Officer. She has played a key role in establishing the company's organization and advancing its unique culture. Her leadership has contributed to Norse Atlantic's recognition as an innovative long-haul airline with modern aircraft offering affordable fares. In her new capacity, Ms. Berthelsen will continue to work closely with the CEO and the leadership team to further refine the company's strategy, strengthen the organization, and drive sustainable growth in the global long-haul market. Aankondiging • Jul 03
Norse Atlantic Airways Launches Direct Flights from Oslo and Stockholm to Phuket, Thailand Norse Atlantic announced the launch of two new winter sun routes to Thailand, with direct flights from Oslo (OSL) and Stockholm (ARN) to Phuket (HKT), commencing in December 2025. Each route will operate one weekly rotation, offering travelers in Scandinavia an affordable and comfortable direct escape to one of Southeast Asia's most beloved destinations. The new routes mark an exciting step in Norse Atlantic's continued expansion and respond to strong demand from global explorers, leisure travelers and those visiting friends and family in Thailand during the winter season. New routes in details: The new service from Oslo (OSL) to Phuket (HKT) will launch on December 8, 2025. Flights will operate 1 weekly rotation, with fares starting from NOK 1699,- including taxes. The new service from Stockholm (ARN) toPhuket (HKT) will launch on December 4, 2025. Flights will operations 1 weekly rotation, with fares start from SEK 1,600, including taxes. The new service of Stockholm (ARN) to phuket (HKT) is launch on December 4, 2025; Flights will operate 1 weekly rot, with fares starting from SEK 1,600,-, including taxes. Aankondiging • Jun 18
Norse Atlantic Asa Approves Board and Committee Elections Norse Atlantic ASA announced at the AGM held on June 18, 2025, approved election of Marios Demetriades, chair (new) as members of the nomination committee for the period until the annual general meeting in 2027 and Sofi Mylona, board member and Felix Fürst, board member. Aankondiging • Mar 21
Norse Atlantic ASA has withdrawn its Follow-on Equity Offering in the amount of NOK 414 million. Norse Atlantic ASA has withdrawn its Follow-on Equity Offering in the amount of NOK 414 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 82,800,000
Price\Range: NOK 5
Transaction Features: Rights Offering Board Change • Jan 13
No independent directors There are 8 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 8 new directors. 3 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). Chairman Terje Larsen is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Dec 31
No independent directors There are 8 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 8 new directors. 3 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). Chairman Terje Larsen is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Aankondiging • Dec 01
Norse Atlantic ASA has filed a Follow-on Equity Offering in the amount of NOK 414 million. Norse Atlantic ASA has filed a Follow-on Equity Offering in the amount of NOK 414 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 82,800,000
Price\Range: NOK 5
Transaction Features: Rights Offering Reported Earnings • Nov 30
Third quarter 2024 earnings released: US$0.05 loss per share (vs US$0.02 profit in 3Q 2023) Third quarter 2024 results: US$0.05 loss per share (down from US$0.02 profit in 3Q 2023). Revenue: US$214.6m (up 4.8% from 3Q 2023). Net loss: US$6.29m (down 495% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 61% per year, which means it is significantly lagging earnings. Aankondiging • Nov 22
Norse Atlantic Airways Expands to Stockholm Arlanda Airport with New Direct Route to Bangkok Norse Atlantic Airways is set to establish a significant presence at Stockholm Arlanda Airport (ARN), launching a direct route to Bangkok (BKK) ahead of the winter 2025 season, further strengthening its global network. The new route will connect Sweden and Thailand with affordable and comfortable long-haul flights, marking a key milestone in advancing connectivity between the two nations for passenger travel. In addition, the route will also serve as a critical link in the supply chain, with cargo including technology exports and other goods benefitting from faster delivery times. Starting on October 29, 2025, Norse Atlantic Airways will operate this route twice weekly, on Wednesdays and Sundays, flying Boeing 787 Dreamliners, with seating for 338 passengers, offering both Premium and Economy Class options. With one-way fares starting from 2,550 SEK including all taxes, passengers can enjoy exceptional comfort, outstanding onboard service, and seamless travel to one of the world's most popular long-haul destinations. Tickets are now available on www.flynorse.com. Passengers will fly on modern Boeing 787 Dreamliners, designed to offer a relaxed and comfortable travel experience, with each seat including personal, entertainment systems. Our Norse Premium cabin seats feature an industry-leading 43" seat pitch and 12" recline, providing generous space to stretch your legs and fully relax, ensuring you arrive refreshed and ready to explore your destination. Additionally, all Economy light bookings now include a 10kg carry-on bag in addition to the personal under-seat item, providing even more value for our passengers. Board Change • Nov 11
No independent directors There are 8 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 8 new directors. 3 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). Chairman Terje Larsen is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Aankondiging • Nov 05
Norsors Atlantic Airways Announces Successful Completion of Inaugural Charter Flight for P&O Cruises On November 1, 2024, Norse Atlantic Airways' first charter flight with P&O Cruises departed from Manchester Airport, marking a new chapter in travel partnership. The flight carried over 300 guests to Barbados, where they joined fellow passengers aboard Britannia for a 14-night Caribbean cruise. Between November '24 and March '25 Norse Atlantic will operate a weekly Friday flight from Manchester to Barbados. It will operate Saturday flights from London Gatwick and Manchester to Antigua/Barbados (alternating weeks). This schedule offers convenient, direct and comfortable access for UK travelers heading to P&O Cruises' popular Caribbean itineraries. Onboard, passengers can enjoy Norse Atlantic's signature experience, including exceptional value in Economy and superior comfort in the Premium cabin, setting a new standard for charter travel to the Caribbean. Aankondiging • Oct 29
Norse Atlantic ASA, Annual General Meeting, Jun 18, 2025 Norse Atlantic ASA, Annual General Meeting, Jun 18, 2025. Board Change • Aug 30
No independent directors There are 8 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 8 new directors. 3 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). Chairman Terje Larsen is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Aankondiging • Aug 05
Norse Atlantic Airways Completes Historic Charter Flight Between Norway and Darwin, Australia Norse Atlantic Airways announced the successful completion of a landmark flight between Norway and Darwin, Australia, chartered by Albastar S.A. and brokered by Aircontact, Scandinavia's largest and leading air broker firm. This milestone marks the first time that a nonstop flight from Norway to Australia has taken place and highlights the efficiency of the Boeing 787-900 Dreamliner and the operational excellence of the Norse Atlantic charter team. Taking off at 0630 am on Saturday 3rd August from Oslo Gardermoen Airport and landing at Darwin International Airport 0600 am on Sunday 4th August, the non-stop flight covered approximately 14,730 kilometres with a flight time of 16.5 hours, showcasing the long-range performance and efficiency of the Boeing 787-900. The Dreamliner is uniquely suited to such extended flights, offering unparalleled passenger comfort, fuel efficiency, and environmental benefits. This achievement underscores Norse Atlantic Airways' dedication to expanding its global reach and providing exceptional service to its customers while continuing to explore new charter opportunities that leverage the strengths of its modern fleet. Key Highlights of the Boeing 787-900: Unmatched Range and Efficiency: The Boeing 787-900 is designed for long-haul flights, with a range of up to 15,400 kilometres. Its advanced aerodynamics and lightweight composite materials significantly reduce fuel consumption, making it one of the most efficient aircraft in its class. The Dreamliner features larger windows, better cabin pressure, and higher humidity levels, which enhance passenger comfort and reduce the effects of jet lag. Its quieter engines ensure a more pleasant and peaceful journey for all on board. · The Boeing 787-900 emits 25% lower CO2 emissions compared to previous-generation aircraft, aligning with goal to minimize carbon footprint. Equipped with cutting-edge avionics and safety systems, the Boeing 787-900 ensures a high level of operational reliability enabling Norse Atlantic Airways to provide a consistent and timely service to charter customers. Aankondiging • Jun 27
Norse Atlantic Asa Announces Board Appointments Norse Atlantic ASA appointed Mathias Lindborg, Leif Andre Moland, Synne-Linnea Horn Einarsen, Johanna Lexell, Kristoffer Olsen and Benedicte Lundin as employee representatives to the Board of Directors. Board Change • Jun 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Member of the Board Marianne Økland was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • May 31
Norse Atlantic Airways Announces Nonstop Flight from Athens to New York JFK Norse Atlantic Airways announcement of the commencement of its inaugural nonstop flights between Athens and New York JFK. Operated by the Boeing 787 Dreamliner, passengers can now enjoy the convenience of a direct and affordable flight between these two vibrant cities. From the historical wonders of Athens to the iconic landmarks of New York, passengers will have the opportunity to explore the rich cultural heritage and diverse attractions each city has to offer. Flights operate up to five times a week during the summer season with fares starting from €239 one way in Economy and €458 in Norse Premium one way including all taxes and fees. Norse Atlantic exclusively operates modern Boeing 787 Dreamliner aircraft. The cabin offers passengers a relaxed and comfortable travel experience with each seat including a personal, entertainment experience. Norse Premium cabin offers an industry leading 43" seat pitch and 12" recline, allowing passengers to arrive at their destination feeling refreshed and ready to explore their destination. Norse Atlantic offers two cabin choices: Economy and Norse Premium. Passengers can choose from a simple range of fares, Light, Classic and Flextra, that reflect the way that they want to travel, and which options are important to them. Light fares represent Norse's value option, while Flextra fares include the maximum baggage allowance, two meal services and increased ticket flexibility. Board Change • Apr 26
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Member of the Board Marianne Økland was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 19
Norse Atlantic Airways Introduces New Route Between London Gatwick and Cape Town Norse Atlantic Airways announced the launch of its newest route connecting London Gatwick and Cape Town, set to commence on October 28, 2024. With flights operating three times a week on Monday, Wednesday, and Saturday, travellers can now experience the vibrant culture and breathtaking landscapes of Cape Town with ease. With fares starting from just PS499 return in Economy and PS1199 return in Norse Premium class, Norse Atlantic Airways is committed to delivering exceptional value without compromising on quality. Moreover, this historic route launch signifies a shift in consumer choice, as Norse Atlantic Airways breaks the existing duopoly on the London to Cape Town route. By injecting much-needed competition into the market, Norse Atlantic Airways aims to empower consumers with greater choice, flexibility, and affordability. Cape Town boasts a myriad of attractions, from the iconic Table Mountain to the stunning coastline and world-renowned vineyards of the Cape Winelands. Travelers can immerse themselves in the rich history of Robben Island, explore the bustling Victoria & Alfred Waterfront, or indulge in delectable cuisine at the city's top restaurants. Outbound flights depart London Gatwick at 20.00 and land in Cape Town at 0930 the following morning. Inbound flights depart Cape Town at 11.45 and arrive at London Gatwick at 21.35 the same day. Aankondiging • Mar 28
Norse Atlantic Airways Announces New Direct Flight from London Gatwick to Las Vegas Norse Atlantic Airways announced a brand-new route connecting London Gatwick to the captivating city of Las Vegas. Commencing operations on the 12th of September 2024, the airline will offer travellers the opportunity to immerse themselves in the vibrant energy of Las Vegas with three direct weekly flights. With launch return fares as low as £399, customers choosing to travel with Norse to Las Vegas will no doubt feel like they've hit the jackpot - but Norse is not stopping there. It have given its new route its very own lucky number 7 by designating it Norse flight Z0777. Las Vegas, renowned as the "Entertainment and Sports Capital of the World," offers a diverse array of attractions, promising an unforgettable experience for every traveller. From dazzling entertainment shows and fine dining options to world-class casinos and opulent resorts, Las Vegas offers a myriad of experiences that captivate and inspire. Offering great value and comfort in both the Norse Premium cabin and Economy cabin Norse `explorers' will arrive refreshed and ready to go straight to legendary landmarks such as the Bellagio Fountains, the High Roller Observation Wheel, and the vibrant Fremont Street Experience. Norse Atlantic exclusively operates modern Boeing 787 Dreamliner aircraft. The cabin offers passengers a relaxed and comfortable travel experience with each seat including a personal, state-of-the-art entertainment experience. Norse Premium cabin offers an industry leading 43" seat pitch and 12" recline, allowing passengers to arrive at their destination feeling refreshed and ready to explore their destination. Norse Atlantic offers two cabin choices: Economy and Norse Premium. Passengers can choose from a simple range of fares, Light, Classic and Flextra, that reflect the way that they want to travel, and which options are important to them. Light fares represent Norse's value option, while Flextra fares include the maximum baggage allowance, two meal services and increased ticket flexibility. Reported Earnings • Mar 04
Full year 2023 earnings released: US$2.72 loss per share (vs US$8.30 loss in FY 2022) Full year 2023 results: US$2.72 loss per share (improved from US$8.30 loss in FY 2022). Revenue: US$439.4m (up 321% from FY 2022). Net loss: US$168.7m (loss narrowed 3.6% from FY 2022). Available seat kilometres (ASK): 8.67b (up 219% from FY 2022). Passenger load factor: 74.0% (up from 62.0% in FY 2022). Total aircraft: 10 (up by 8 from FY 2022). Board Change • Feb 12
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Aankondiging • Jan 26
Norse Atlantic ASA has completed a Follow-on Equity Offering in the amount of NOK 100.1 million. Norse Atlantic ASA has completed a Follow-on Equity Offering in the amount of NOK 100.1 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 9,100,000
Price\Range: NOK 11
Transaction Features: Rights Offering Aankondiging • Dec 23
Norse Atlantic Airways Extends Direct Flights from Oslo to Bangkok in Summer 2024 Norse Atlantic Airways announced the continuation of its highly successful direct flights from Oslo to Bangkok in the upcoming summer 2024 season. Following a highly anticipated launch in the winter of 2023, this route has quickly become a traveller favourite, connecting two vibrant cities and catering to the increasing demand for affordable direct flights to Thailand. Fares start from NOK 3869 one way including all fees and taxes and are available to book now on www.flynorse.com. Aankondiging • Dec 19
Norsors Atlantic Airways Releases Winter Sun Routes for 2024-2025 Season Norse Atlantic ASA announced the release of its winter sun routes for the upcoming 2024 -2025 winter season. Fares from Oslo to Bangkok start from NOK 3,869 one way including all taxes and fees. Fares from London to Montego Bay start from £540 return including all taxes and fees. Fares from London to Barbados start from £449 return including all taxes and fees. Winter sun destinations, which were launched in 2023, are now available to book a year ahead, offering an ideal opportunity for those travellers wishing to plan ahead and secure the best prices for an unforgettable experience next winter. Dream getaways to vibrant and sun soaked destinations including Oslo to Bangkok, with up to three flights per week from November 2024 to March 2025, or London to Bridgetown and from London to Montego Bay, operating one flight each per week from December 2024 to March 2025, are already out for sale on www.flynorse.com. Norse Atlantic Airways is committed to providing customers with unparalleled travel experiences at affordable prices and these winter sun routes are designed to cater to the growing demand for sun-soaked getaways. Norse Atlantic exclusively operates modern Boeing 787 Dreamliner aircraft. The cabin offers passengers a relaxed and comfortable travel experience with each seat including a personal entertainment experience. Norse Premium cabin offers an industry leading 43\" seat pitch and 12\" recline, allowing passengers to arrive at their destination feeling refreshed and ready to explore their destination. Norse Atlantic offers two cabin choices: Economy and Norse Premium. Passengers can choose from a simple range of fares, Light, Classic and Flextra, that reflect the way that they want to travel, and which options are important to them. Light fares represent Norse's value option, while Flextra fares include the maximum baggage allowance, two meal services and increased ticket flexibility. Aankondiging • Nov 05
Norse Atlantic ASA has filed a Follow-on Equity Offering in the amount of NOK 100.1 million. Norse Atlantic ASA has filed a Follow-on Equity Offering in the amount of NOK 100.1 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 9,100,000
Price\Range: NOK 11
Transaction Features: Rights Offering Aankondiging • Oct 28
Norse Atlantic ASA to Report Q3, 2023 Results on Oct 31, 2023 Norse Atlantic ASA announced that they will report Q3, 2023 results on Oct 31, 2023 Aankondiging • Sep 20
Norse Atlantic Airways Celebrates Inaugural Flights to Miami from London and Oslo Norse Atlantic Airways celebrated its inaugural direct flights connecting London and Oslo to the vibrant city of Miami, USA. In addition to Oslo and London, Norse Atlantic Airways will add Paris and Berlin to Miami from December. These new routes are the perfect winter sun getaways, offering an easy and affordable break from the winter chill of Europe to the warmth of Miami and Southern Florida. Norse Atlantic exclusively operates Boeing 787 Dreamliner aircraft. The cabin offers passengers a relaxed and comfortable travel experience with each seat including a personal entertainment experience. Premium cabin offers an industry leading 43" seat pitch and 12" recline allowing passengers to arrive at their destination feeling refreshed and ready to explore their destination. Norse Atlantic offers two cabin choices, Economy and Premium. Passengers can choose from a simple range of fares, Light, Classic and Flextra, that reflect the way that they want to travel, and which options are important to them. Light fares represent Norse's value option while Flextra fares include the maximum baggage allowance, two meal services an enhanced airport and onboard experience and increased ticket flexibility. Aankondiging • Sep 07
Norse Atlantic Airways Launches Ticket Sales for New Route Between Paris and Los Angeles Norse Atlantic Airways, the pioneering low-cost long-haul airline, is thrilled to announce the commencement of ticket sales for its direct route between Paris and Los Angeles. This new service, operating six times a week, is set to commence on 1 May 2024 and is now available to book immediately on company website. Flights depart Paris (CDG) at 16.15 and arrive at Los Angeles (LAX) at 19.05. Flights depart Los Angeles at 21.10 and arrive at Paris at 17.00 the following day. One way fares start from €319 in Economy and €665 in Norse Premium including all taxes. Norse Atlantic exclusively operates Boeing 787 Dreamliner aircraft. The cabin offers passengers a relaxed and comfortable travel experience with each seat including a personal entertainment experience. Premium cabin offers an industry leading 43" seat pitch and 12" recline allowing passengers to arrive at their destination feeling refreshed and ready to explore their destination. Norse Atlantic offers two cabin choices, Economy and Premium. Passengers can choose from a simple range of fares, Light, Classic and Flextra, that reflect the way that they want to travel, and which options are important to them. Light fares represent Norse's value option while Flextra fares include the maximum baggage allowance, two meal services an enhanced airport and onboard experience and increased ticket flexibility. Reported Earnings • Sep 06
Second quarter 2023 earnings released: US$0.55 loss per share (vs US$1.86 loss in 2Q 2022) Second quarter 2023 results: US$0.55 loss per share (improved from US$1.86 loss in 2Q 2022). Revenue: US$100.1m (up US$97.1m from 2Q 2022). Net loss: US$35.1m (loss narrowed 2.5% from 2Q 2022). Board Change • Sep 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Sep 02
Norse Atlantic Asa Provides Earnings Guidance for the Third Quarter of 2023 Norse Atlantic ASA third quarter 2023 is expected to be first financial quarter generating a profit. The move to profitability is driven primarily by having all 15 aircraft generating revenue for the first time, from 1st July; 10 of which are operating for Norse and five generating revenue through sublease income. Aankondiging • Jul 12
Norse Atlantic Airways Expands Winter Schedule with New Direct Flights from Paris and Berlin to Miami Norse Atlantic Airways announced the launch of new flights connecting Paris to Miami from 11thDecember 2023 and Berlin to Miami from 15thDecember 2023 as part of its upcoming winter schedule, flights are on sale now at www.flynorse.com. With the addition of these new routes, Norse Atlantic Airways continues to strengthen its position as a leading carrier for European passengers seeking affordable winter sun destinations. Miami offers Europeans an unparalleled winter sun destination, combining vibrant cultural experiences, beautiful beaches, and a pleasant climate. Norse Atlantic exclusively operates Boeing 787 Dreamliner aircraft. The cabin offers passengers a relaxed and comfortable travel experience with each seat including a personal entertainment experience. The company's Premium cabin offers an industry leading 43" seat pitch and 12" recline allowing passengers to arrive at their destination feeling refreshed and ready to explore their destination. Norse Atlantic offers two cabin choices, Economy and Premium. Passengers can choose from a simple range of fares, Light, Classic and Flextra, that reflect the way that they want to travel, and which options are important to them. Light fares represent Norse's value option while Flextra fares include the maximum baggage allowance, two meal services an enhanced airport and onboard experience and increased ticket flexibility. Aankondiging • Jul 04
Norse Atlantic Airways Announces Inaugural Flights to Los Angeles and San Francisco from London Norse Atlantic Airways celebrated two inaugural flights on 30th June and 1st July respectively with the launch of services to Los Angeles and San Francisco from London. These new direct routes provide an affordable and convenient travel option for passengers seeking to explore the vibrant cities of Los Angeles and San Francisco from the United Kingdom. Flights to Los Angeles (LAX) from London Gatwick operate daily and depart at 10.35 arriving at 14.10 the same day, flights depart Los Angeles (LAX) at 14.25 and arrive at 11.00 the following day. Fares in Economy start from £460 return including all taxes and fees. Flights to San Francisco (SFO) from London Gatwick operate three times a week and depart at 10.10 arriving at 13.25 the same day, flights depart San Francisco (SFO) at 15.25 and arrive at 9.50 the following day. Fares in Economy start from £455 return including all taxes and fees. Aankondiging • Jun 21
Norse Atlantic Airways Celebrates Inaugural Service Between Rome and New York JFK Norse Atlantic Airways announced the commencement of its highly anticipated daily flights between Rome and New York JFK. The inaugural flight took off on June 19th. Passengers seeking an unforgettable journey between these iconic destinations can now experience Norse Atlantic Airways' exceptional service, comfortable cabins, and unparalleled value. With daily flights, travellers will enjoy even more flexibility and convenience when planning their transatlantic trips. The flight from Rome Fiumicino Airport departs daily at 18.55 and lands in New York JFK at 22.30. Flights from New York to Rome depart at 00.30 and land at 15.15 the same day. Norse Atlantic exclusively operates Boeing 787 Dreamliner aircraft. The cabin offers passengers a relaxed and comfortable travel experience with each seat including a personal entertainment experience. Premium cabin offers an industry leading 43" seat pitch and 12" recline allowing passengers to arrive at their destination feeling refreshed and ready to explore their destination. Norse Atlantic offers two cabin choices, Economy and Premium. Passengers can choose from a simple range of fares, Light, Classic and Flextra, that reflect the way that they want to travel, and which options are important to them. Light fares represent Norse's value option while Flextra fares include the maximum baggage allowance, two meal services an enhanced airport and onboard experience and increased ticket flexibility. Aankondiging • Jun 12
Norse Atlantic Airways Announces Miami as New Destination Norse Atlantic Airways announced Miami as a new destination serving both London and Oslo from 18th September. Miami has high levels of both direct and connecting passenger traffic and a well-developed cargo facility that will allow the airline to maximise the potential of the company's Boeing 787 Dreamliner fleet operating on the route. Aankondiging • Jun 03
Norse Atlantic Airways Celebrates Inaugural Flight from Washington, D.C. to London Norse Atlantic Airways celebrated the start of service from Washington, D.C. to London Gatwick. Flights will operate six times a week with fares for only $205 one-way including all taxes. The Washington Dulles to London Gatwick flight departed at 8:25 p.m. EDT and arrived at 8:45 a.m. local time the following day. The return flight will depart London Gatwick at 3:00 p.m. local time and arrive at 6:20 p.m. EDT. Norse Atlantic exclusively operates Boeing 787 Dreamliner aircraft. The cabin offers passengers a relaxed and comfortable travel experience with each seat including a personal entertainment experience. Premium cabin offers an industry leading 43” seat pitch and 12” recline allowing passengers to arrive at their destination feeling refreshed and ready to explore their destination. Norse Atlantic offers two cabin choices, Economy and Premium. Passengers can choose from a simple range of fares, Light, Classic and Flextra, that reflect the way that they want to travel, and which options are important to them. Light fares represent Norse’s value option while Flextra fares include the maximum baggage allowance, two meal services an enhanced airport and onboard experience and increased ticket flexibility. Aankondiging • Jun 01
Norse Atlantic Launches Ticket Sales to Miami from London with Flights Commencing September 18, 2023 Norse Atlantic Airways customers can book direct flights between London Gatwick and Miami. Flights will operate four times a week and throughout the winter season from PS450 return including all taxes from September 18, 2023. Norse Atlantic exclusively operates Boeing 787 Dreamliner aircraft. The cabin offers passengers a relaxed and comfortable travel experience with each seat including a personal state of the art entertainment experience. Premium cabin offers an industry leading 43" seat pitch and 12" recline allowing passengers to arrive at their destination feeling refreshed and ready to explore their destination. Norse Atlantic offers two cabin choices, Economy and Premium. Passengers can choose from a simple range of fares, Light, Classic and Flextra, that reflect the way that they want to travel, and which options are important to them. Light fares represent Norse's value option while Flextra fares include the maximum baggage allowance, two meal services an enhanced airport and onboard experience and increased ticket flexibility. From 18th September Norse Atlantic will consolidate services in South Florida and only operate flights to Miami. Customers travelling on Fort Lauderdale route after 17 September will be rebooked onto new Miami service or offered a full refund. Board Change • Feb 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Feb 15
Norse Atlantic Airways Unveils Two New Routes from the US to London Norse Atlantic announced the launch of two new routes from the US to London Gatwick. Travelers can fly from Fort Lauderdale (FLL) and Orlando (MCO) directly to England’s capital. The first flight is set to take off on May 25 and tickets will go on sale on February 13. Prices will start as low as $187 (one-way), meaning that a visit to The Ritz isn’t out of the question when it comes to budgeting. One-way lead in fares to London from: Orlando $187; Fort Lauderdale $192. The flights from Orlando will begin on May 25, 2023 and Fort Lauderdale on May 26, 2023. The new routes will be in addition to the current daily New York to London service. Flights from Orlando will operate four times a week in May and June and then a daily service in the height of the summer peak season, with fares starting from $187 (one-way), including taxes. Flights from Fort Lauderdale will operate three times a week in May and June and then four times a week for the rest of the summer season, with fares starting from $192 (one-way), including taxes. Norse Atlantic exclusively operates Boeing 787 Dreamliner aircraft. The cabin offers passengers a relaxed and comfortable travel experience with each seat including a personal state of the art entertainment experience. Premium cabin offers an industry leading 43” seat pitch and 12” recline allowing passengers to arrive at their destination feeling refreshed and ready to explore their destination. Norse Atlantic offers two cabin choices, Economy and Premium. Passengers can choose from a simple range of fares, Light, Classic and Plus, that reflect the way that they want to travel, and which options are important to them. Light fares represent Norse’s value option while Plus fares include the maximum baggage allowance, two meal services an enhanced airport and onboard experience and increased ticket flexibility. Aankondiging • Feb 09
Norse Atlantic Airways Appoints Charles Duncan as President Norse Atlantic Airways iannounced that Charles Duncan has been appointed President of the company. Charles brings to Norse Atlantic over 25 years of experience in the industry having previously held senior executive roles at Westjet, Swoop, United Airlines and Continental Airlines. This newly created role will focus on core areas of the business including Commercial, Operations, Network and People. Aankondiging • Jan 25
Norse Atlantic Airways Launches Ticket Sales Between Rome And New York JFK With Fares Starting From EUR 239 One Way Norse Atlantic Airways announced the launch of ticket sales between Rome Fiumicino (FCO) and New York JFK. The new route will become the fifth European destination served by Norse from JFK, the daily service will begin operations on 19[th] June 2023 with fares starting from Euro 239 one way including taxes. Economy Light fares from Rome to New York start at EUR 239 one way including taxes and EUR 550 in Premium Light. The flight will depart Rome (FCO) at 19.30 and land in JFK at 23.00, the return flight departs JFK at 01.00 and lands in Rome at 15.45. Norse Atlantic exclusively operates Boeing 787 Dreamliner aircraft. The cabin offers passengers a relaxed and comfortable travel experience with each seat including a personal entertainment experience. Premium cabin offers an industry leading 43’ seat pitch and 12’ recline allowing passengers to arrive at their destination feeling refreshed and ready to explore their destination. Norse Atlantic offers two cabin choices, Economy and Premium. Passengers can choose from a simple range of fares, Light, Classic and Plus, that reflect the way that they want to travel, and which options are important to them. Light fares represent Norse's value option while Plus fares include the maximum baggage allowance, two meal services an enhanced airport and onboard experience and increased ticket flexibility. Customers looking to explore the world and enjoy unbeatable value can access even greater choice and convenience due to the airline's connectivity partnership with easyJet, Norwegian and Spirit Airlines. The virtual interline agreement, powered by Dohop, provides over 600 weekly connections to Norse's transatlantic services at key international hubs. Board Change • Jan 09
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Nov 30
Norse Atlantic Airways Launches Ticket Sales Between Paris and New York JFK with One Way Fares Starting from EUR 219 On November 29, 2022, Norse Atlantic Airways has opened ticket sales for flights between Paris and New York on www.flynorse.com. Customers will be able to take advantage of affordable fares and enjoy a quality service on board modern Boeing 787 Dreamliner aircraft. The daily direct service will commence on 26, March 2023. Fares start from EUR 219 one way, including all applicable taxes. The first flight departing Paris Charles De Gaulle Airport to New York JFK will take place on March 26, 2023. Norse Atlantic will offer a daily service between the two cities. The daily flight will depart from Paris at 19.45 and arrive in New York at 22.00 local time. The return departs New York at 00.30 and lands in Paris at 14.05 local time. Norse Atlantic offers two cabin choices, Economy and Premium. Passengers can choose from a simple range of fares, Light, Classic and Plus, that reflect the way that they want to travel, and which options are important to them. Light fares represent Norse's value option while Plus fares include the maximum baggage allowance, two meal services an enhanced airport and onboard experience and increased ticket flexibility. The large and spacious Boeing 787 Dreamliner cabin offers passengers a relaxed and comfortable travel experience with each seat including a personal entertainment experience. The company's Premium cabin offers an industry leading 43" seat pitch and 12" recline allowing passengers to arrive at their destination feeling refreshed and ready to explore their destination. Board Change • Nov 28
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Sep 28
Norse Atlantic ASA Receives UK Air Operator Certificate and Operating License Norse Atlantic Airways announced that the UK Civil Aviation Authority has granted the airline an Air Operator Certificate and Operating Licence allowing the company to begin direct flights from the United Kingdom. Operating direct flights from the United Kingdom has been an integral part of the Norse Atlantic Airways business plan since the inception of the airline in March 2021. There continues to be strong demand for air travel to and from the United Kingdom, particularly between the UK and the US which is the largest transatlantic market in the world. Norse is keen to operate between London Gatwick and a number of U.S. destinations, subject to further regulatory approvals, particularly serving routes that are currently not served by direct flights or lacking sufficient capacity. Norse Atlantic will offer choice and great value for money to customers while contributing to local economies by boosting tourism and business travel across the Atlantic. An AOC is the approval granted by a national aviation authority to an aircraft operator to allow it to use aircraft for commercial purposes. This requires the operator to have personnel, assets and systems in place to ensure the safety of its employees and the general public. Norse Atlantic'sUK AOC has been substantially capitalised in line with CAA requirements. Norse Atlantic now holds two AOCs, one in Norway and another in the United Kingdom, providing greater flexibility and opportunities for the company to expand in the future from European points and the UK, in line with demand. Flights to and from the UK will be operated by both UK and US based cabin crew. Norse Atlantic Airways recently announced that customers looking to explore the world for less now have access to even greater choice and convenience following the launch of the airline's connectivity partnership with easyJet, Norwegian and Spirit Airlines. The virtual interline agreement, powered by Dohop, will provide over 600 weekly connections to Norse's transatlantic services at key international hubs. Norse Atlantic exclusively operates Boeing 787 Dreamliner aircraft. The cabin offers passengers a relaxed and comfortable travel experience with each seat including a personal state of the art entertainment experience. Company Premium cabin offers an industry leading 43" seat pitch and 12" recline allowing passengers to arrive at their destination feeling refreshed and ready to explore their destination. Norse Atlantic offers two cabin choices, Economy and Premium. Passengers can choose from a simple range of fares, Light, Classic and Plus, that reflect the way that they want to travel, and which options are important to them. Light fares represent Norse's value option while Plus fares include the maximum baggage allowance, two meal services an enhanced airport and onboard experience and increased ticket flexibility. Board Change • Sep 02
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Aug 19
Norse Atlantic ASA Announces Inaugural Flights from Berlin and Announces New Berlin to Fort Lauderdale Route Norse Atlantic Airways announced inaugural flights from Berlin and new Berlin to Fort Lauderdale route. Norse Atlantic Airways announced the inaugural flights from Berlin toNew York JFK and from Berlin to Los Angeles marking a new era for customers seeking affordable transatlantic travel between Germany and the US. Additionally, Norse Atlantic announced a new route connecting Berlin to Fort Lauderdale, operating three times a week, this new route will commence on December 7, with tickets available to purchase now from EUR 228 one way. Fares on the daily direct flights from Berlin to New York JFK start from EUR 209 one way. Fares on the three times a week service from Berlin to Los Angelesstart from EUR 255 one way. Norse Atlantic Airways recently announced that customers looking to explore the world for less now have access to even greater choice and convenience following the launch of the airline's connectivity partnership with easyJet, Norwegian and Spirit Airlines. The virtual interline agreement, powered by Dohop, will provide over 600 weekly connections to Norse's transatlantic services at key international hubs Oslo, London, Berlin, New York, Fort Lauderdale, Orlando and Los Angeles. The large and spacious Boeing 787 Dreamliner cabin offers passengers a relaxed and comfortable travel experience with each seat including a personal entertainment experience. Premium cabin offers an industry leading 43" seat pitch and 12" recline allowing passengers to arrive at their destination feeling refreshed and ready to explore their destination. Norse Atlantic offers two cabin choices, Economy and Premium. Passengers can choose from a simple range of fares, Light, Classic and Plus, that reflect the way that they want to travel, and which options are important to them. Light fares represent Norse's value option while Plus fares include the maximum baggage allowance, two meal services an enhanced airport and onboard experience and increased ticket flexibility. Aankondiging • Aug 13
Norse Atlantic Airways Celebrates Inaugural Flight from London Gatwick to New York JFK On 12th August, 2022, Norse Atlantic Airways celebrated the inaugural flight between London Gatwick and New York JFK marking a new era for UK customers seeking affordable transatlantic travel between the UK and the US. Additionally, on the same day, Norse Atlantic launched flights between London Gatwick and Oslo allowing customers the ability to purchase tickets as part of a continuous service between Oslo and New York via London. The daily late morning flights between London and Oslo, operated by Boeing 787 Dreamliners offering both its Premium and Economy cabins, are available to book now with fares from only £74 return including taxes. Its London to Oslo flights will not only provide the most comfortable option to travel to Norway they will also allow UK customers to take advantage of its flights from Oslo to Fort Lauderdale, Orlando and Los Angeles. Norse Atlantic Airways recently announced that customers looking to explore the world for less now have access to even greater choice and convenience following the launch of the airline's connectivity partnership with easyJet, Norwegian and Spirit Airlines. The virtual interline agreement, powered by Dohop, will provide over 600 weekly connections to Norse's transatlantic services at its key international hubs Oslo, London, Berlin, New York, Fort Lauderdale, Orlando and Los Angeles. The large and spacious Boeing 787 Dreamliner cabin offers passengers a relaxed and comfortable travel experience with each seat including a personal entertainment experience. Its Premium cabin offers an industry leading 43" seat pitch and 12" recline allowing passengers to arrive at their destination feeling refreshed and ready to explore their destination. Norse Atlantic offers two cabin choices, Economy and Premium. Passengers can choose from a simple range of fares, Light, Classic and Plus, that reflect the way that they want to travel, and which options are important to them. Light fares represent Norse's value option while Plus fares include the maximum baggage allowance, two meal services an enhanced airport and onboard experience and increased ticket flexibility. Fares to New York start from £357 return for the remainder of the summer schedule, including all applicable taxes. Norse Atlantic will offer a daily service between the UK and the US. Other US destinations will be announced soon. Aankondiging • Jul 09
Norse Atlantic ASA Update and Completion of Aircraft Subleases Norse Atlantic ASA successfully launched flights in June as planned, commencing from Oslo to New York and Fort Lauderdale, and recording a load factor for the month of 82%. The past week has seen Norse commence flights from Oslo to Orlando, and in August will increase the number of daily flights from Oslo by adding Los Angeles. Routes from London to New York and Oslo, and from Berlin to New York and Los Angeles, will also start in August. The Company released the first of its winter 2022 season tickets, with further destinations for the winter season due to be announced during July and August. Aircraft subleases: With reference to the announcement dated 12 April regarding signing of a term sheet for sublease of four aircraft, Norse has now delivered the fourth and final aircraft to the lessee, Air Europa. The first three aircraft were delivered to the lessee at the end of June. The lease terms are 18 months and these subleases provide positive fixed monthly cash flow for Norse throughout the period. Board Change • Jun 30
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Jun 16
Norse Atlantic Airways Takes Off with First Flight from Oslo to New York Norse Atlantic Airways celebrated the first commercial departure of flight NO 01 from Oslo to New York JFK. Company also marked the formal opening of the new non-Schengen terminal at Oslo Airport which, following the first Norsedeparture, will welcome passengers to a modern and efficient new airport experience. Both of these milestones were celebrated at the terminal by invited guests, passengers and colleagues from across the airline and airport.The full flight from Oslo to New York, operated by a Boeing 787 Dreamliner, departed at 19.50 and is due to touch down at 22.00 local time in New York JFK following an eight hour flight time. Flights from Oslo to New York commenced on June 14th and will ramp up to daily flights from 4th July, with one-way fares starting from NOK 995. Flights from Oslo to Fort Lauderdale will commence on 18th June operating three weekly flights with one-way fares starting from NOK 1497. Flights between Oslo and Orlando will commence on 5th July operating three weekly flights, one-way fares start from NOK 1497. Flights from Oslo to Los Angeles will commence om 9th August operating three weekly flights with one-way fares starting from NOK 1797. Norse Atlantic offers two cabin choices, Economy and Premium. Passengers can choose from a simple range of fares, Light, Classic and Plus, that reflect theway that they want to travel, and which options are important to them. Light fares represent Norse's value option while Plus fares include the maximum baggage allowance, two meal services an enhanced airport and onboard experience and increased ticket flexibility. The large and spacious Boeing 787 Dreamliner cabin offers passengers a relaxed and comfortable travel experience with each seat including a personal entertainment experience. Company's Premium cabin offers an industry leading 43" seat pitch and 12" recline allowing passengers to arrive at their destination feeling refreshed and ready to explore their destination. Aankondiging • Jun 08
Norse Atlantic Airways Launches Ticket Sales Between Berlin, New York JFK and Los Angeles with One-Way Fares Starting from €160 and $120 Norse Atlantic Airways has opened ticket sales for direct flights between Berlin, Germany, and the United States on www.flynorse.com. This marks a further milestone for the company and heralds a new era for both European and US customers seeking good value, choice and quality service when choosing to travel across the Atlantic. Whether travelling on business, leisure or simply wishing to explore the world, Norse now makes it possible for everyone to explore for less. Flights will operate daily from Berlin direct to New York (JFK) from 17th August with fares starting from an unprecedented E160 and $120 one-way. The airline will also serve Berlin direct to Los Angeles three times a week from 19th August with fares starting from as low as E189 and $138 one-way. These two new routes will provide a direct and cost effective option, saving both money and time, for local and international businesses when choosing to travel to and from the US or taking advantage of cargo services. Norse Atlantic offers two cabin choices, Economy and Premium. Passengers can choose from a simple range of fares, Light, Classic and Plus, that reflect the way that they want to travel, and which options are important to them. Light fares represent Norse's value option while Plus fares include the maximum baggage allowance, two meal services an enhanced airport and onboard experience and increased ticket flexibility. The large and spacious Boeing 787 Dreamliner cabin offers passengers a relaxed and comfortable travel experience with each seat including a personal state of the art entertainment experience. Premium cabin offers an industry leading 43" seat pitch and 12" recline allowing passengers to arrive at their destination feeling refreshed and ready to explore their destination. Additionally Boeing 787 Dreamliners produce 25% lower CO2 emissions and are 50% quieter than the previous generation of aircraft still in operation with many major airlines globally. Whether travelling on business, leisure or simply wishing to explore the world, Norse now makes it possible for everyone to explore for less. Board Change • May 11
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 
