Norwegian - Småprat (NAS) ✈

TekBot · desember 4, 2019, 12:56pm

Norwegian Air Shuttle ASA – update regarding the amendments to its two unsecured bonds NAS07 and NAS08

TekBot · desember 4, 2019, 3:33pm

Norwegian sells Argentinian subsidiary to JetSMART Airlines

Norwegian Air Shuttle has signed an agreement for the sale of 100 per cent of its Argentinian subsidiary Norwegian Air Argentina (NAA) to JetSMART Airlines. “We’re taking necessary steps to return to profitability,” said acting CEO Geir Karlsen.

JetSMART will assume the NAA operation with immediate effect. To minimize the impact on passengers, JetSMART will continue to operate the NAA scheduled flights from Aeroparque airport. The parties expect that the integration process will take several months, and the Norwegian brand will be phased out in the domestic Argentinian network during this period. Over the next six months, the three Boeing 737 currently operated by NAA will be replaced by JetSMART’s Airbus A320 aircraft. The three Boeing 737s will return to service for Norwegian in Europe.
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“As Norwegian moves from growth to profitability, we are taking all the necessary actions required to ensure that Norwegian is well positioned going forward. Over the past few months we have made important changes to our route network to ensure long-term profitability. Attaining satisfactory profitability for a relatively small domestic operation has proved difficult to achieve, given the overall situation in the country. While most of NAA’s costs are denominated in dollars, revenue is obtained in pesos only, and the sharp depreciation of the peso against the dollar has created a significant gap between costs and revenue,” said acting CEO and CFO of Norwegian, Geir Karlsen.

“We believe that the agreement we have signed today with JetSMART secures a significant part of what we have built over these two years; continuity of the network and opportunities. It brings the two newest airlines in Argentina into a stronger combined entity that currently carries about 10 percent of the domestic market and will become the third-largest operator in the country,” he continued.

“We are very excited about the opportunity to combine Norwegian Argentina with our current JetSMART operations. JetSMART has a long-term commitment to Argentina as well as of our vision of becoming the leading ultra low-cost airline in South America. With this transaction we will continue providing affordable air travel to our customers both from Aeroparque and El Palomar airports,” said Estuardo Ortiz, CEO of JetSMART.
Additional terms and conditions of the transaction will not be disclosed.

Scheduled flights to be operated as planned

All passengers who have purchased NAA flights will fly as planned. NAA solely operates domestic flights within Argentina so the new agreement will not affect Norwegian’s long-haul flights between London and Buenos Aires. These are operated by the British subsidiary Norwegian Air UK.

“All our colleagues in Argentina deserve a word of recognition for their dedication and hard work. The past two years have proven eventful – not only have they built a fully-fledged airline from scratch, but they have also operated it to the highest professional standards. In doing so, they have earned for Norwegian the gratitude and respect of the Argentinian people,” said CEO of Norwegian Air Argentina, Ole Christian Melhus.

NAA received its Air Operator’s Certificate in January 2018 and started operations on 16th October that year. The company currently operates a fleet of three Boeing 737-800s, with twenty daily flights across eight routes between Buenos Aires’ Aeroparque airport to Bariloche, Córdoba, Iguazú, Jujuy, Mendoza, Neuquén, Salta, and Ushuaia. So far, NAA has carried 982,000 passengers.

Kilde

sparkonge · desember 4, 2019, 3:37pm

Synd vi ikke får vite prisen

Krafer · desember 5, 2019, 6:22am

La merke til at ovesikten over hvor mye som er (synlig) short i NAS endret seg fra 8 980 024 til 8 260 418. Tenkte først det kunne være shortere som hadde tegnet seg i emisjonen men endringen er nok bare at BLUECREST CAPITAL MANAGEMENT LIMITED falt under 0,5% grensen med sine 719 606 på grunn av økningen i det totale antallet aksjer.

Ble et innlegg om at det ikke er noe som tyder på at shortposisjonene har endret seg de siste dagene dette med andre ord. Sikkert spennende lesning

TekBot · desember 5, 2019, 7:00am

Traffic Figures November 2019

ListeBot · desember 9, 2019, 4:51am

En fersk aksjonærliste for NAS er tilgjengelig. Trykk her for å se den. Krever Insider-medlemskap)

ListeBot · desember 16, 2019, 4:58am

En fersk aksjonærliste for NAS er tilgjengelig for Insider-medlemmer. Ikke Insider? Les mer og prøv gratis

Investor1 · desember 16, 2019, 10:27am

Noen som har gjort seg noen tanker om hvordan NAS gå inn i det nye året? Aksjen er jo mørbanket nå.

Vitruvius · desember 16, 2019, 2:09pm

DNB har NAS som en av ti nyttårsraketter

RedEnergy · desember 18, 2019, 2:40pm

ListeBot · desember 23, 2019, 4:45am

En fersk aksjonærliste for NAS er tilgjengelig for Insider-medlemmer. Ikke Insider? Les mer og prøv gratis

ListeBot · desember 31, 2019, 7:20am

En fersk aksjonærliste for NAS er tilgjengelig for Insider-medlemmer. Ikke Insider? Les mer og prøv gratis

Neonsun · januar 2, 2020, 11:29am

Sterk i dag, så langt opp 7,5% på børsens nest høyeste volum for dagen. Ny sjef tiltrer i dag, og markedet venter vel bare på nyheten om at avtale med Boeing er på plass. Spørsmålet er om shorterne klarer å holde den under emisjonskurs fram mot fristen den 24. (?) januar, eller om det er for mye bra nyheter i pipen til at den bryter opp uansett?

Inwentor · januar 3, 2020, 3:16pm

https://soundcloud.com/dnb_podcast/geir-karlsen-om-flyselskapet-norwegians-ferd-fra-vekst-mot-lonnsomhet

TekBot · januar 7, 2020, 7:00am

Traffic Figures December 2019

Norwegian reports higher unit revenue, better on-time performance and lower CO2-emissions in 2019 – unit revenue increase by 21 percent in December

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Norwegian’s traffic figures for 2019 show that the company is delivering on its strategy of moving from growth to profitability. The planned capacity reduction and optimisation of the route network have had a positive impact on the figures. In 2019, the capacity, in terms of seat kilometre, was 1 percent higher than the previous year; a little over the previously announced zero growth. More than 36 million passengers chose to travel with Norwegian in 2019.

Overall, the unit revenue increased by 7 percent, while the on-time performance was close to 80 percent and the load factor was 86.6 percent. Thanks to the airline’s young aircraft fleet, its large share of direct flights and high load factor, CO2-emissions were reduced with four percent to 69 grams CO2 per passenger.

Norwegian was awarded many international customer acknowledgements during 2019, including the highly acclaimed SkyTrax’ award as “The World’s Best Low-Cost Long-Haul Airline” for the fifth consecutive year.

“Just a few days into my role as CEO of Norwegian, it’s a pleasure for me to present positive traffic figures. Throughout 2019, Norwegian’s dedicated employees have made an impressive effort delivering on the strategy of moving from growth to profitability,” said Norwegian’s CEO Jacob Schram.

“Throughout the year, the company has worked on reducing the capacity in line with demand and worked continuously to set a route structure adapted to the large seasonal fluctuations across the industry. At the same time, emissions are being reduced compared to previous years. The ticket sales for the next months ahead are looking good, both for business- and leisure travellers. I would like to welcome all new and loyal customers on board,” Schram continued.

“I am now looking forward to getting to know the company and the employees better. In the coming weeks, my first priority will be Norwegian’s dedicated employees, as I will be visiting a number of Norwegian’s offices and bases,” said Schram.

Revenue growth in December

The last month of the year was also characterised by a significant increase in unit revenues and an improved load factor. The unit revenue increased with 21 percent and the load factor was 83.5 percent, up by 4.9 percentage points. A total of 2,255,109 passengers chose to fly with Norwegian in December. The capacity was also reduced considerably in December, in line with what the company had previously communicated to the financial market.

The company operated 99.5 percent of the scheduled flights in December, 78.4 percent of which departed on time.

The company continued to reduce its CO2 emissions in November with 68 grams per passenger kilometre, a reduction of 11.3 percent compared to the same period last year. This is despite the grounding of the new MAX aircraft which has forced the company to wet lease older aircraft. With an average age of 3.8 years, Norwegian has one of the world’s most environmentally friendly fleets. Thanks to this, the company has reduced its per passenger emissions by 30 percent since 2008. The CO2 reductions would have been even bigger this month – and for the whole year – if Norwegian had included only its own aircraft in the emission calculations.

Please find more information in the attached traffic report.

Martine Undeli Bekkelund
Investor Relations Officer
Norwegian Air Shuttle ASA
Tel +47 95260728

Kilde

Krafer · januar 7, 2020, 7:05am

Vitruvius · januar 7, 2020, 7:21am

Vitruvius · januar 7, 2020, 7:30am

Fras E24 aksjelive

Norwegian Air Shuttle anslår en gevinst på 29 millioner kroner knyttet til kontrakter og opsjoner i fjerde kvartal, inkludert en gevinst på 167 millioner kroner knyttet til urealiserte sikringsposisjoner.

Krafer · januar 7, 2020, 7:41am

Forsåvidt fint at de tjener/sparer på hedgingen men på den andre siden så er det jo fordi prisen har økt og de har ingen hedge lenger nå.
Går inn i 2020 med en del høyere priser enn ved inngangen til 2019.

Savepig · januar 7, 2020, 9:12pm

Lurt trekk: