Norwegian - Småprat (NAS) ✈

anon99163478 · november 24, 2020, 4:44pm

Hadde det vært et edruelig drevet selskap så kanskje, men vill ekspansjon og gjeld til langt over twin towers og ingen bedring i sikte - la den gå, la den gå…

Aaleby · november 24, 2020, 5:01pm

Kan man lykkes i en oppbyggingsfase i flybransjen om fokuset først og fremst er på edruelighet? Uflaks har forfulgt Norwegian mer enn vill ekspansjon.

Evilfreud · november 24, 2020, 5:22pm

NAS har tatt MYE risk og kjørt knallhard giring.

Så har de jo hatt uflaks med Screamliners, MAX og Covid. Men hadde de kjørt mindre expansiv giring hadde det nok vært en helt annen historie. Om NAS reddes nå og fokuserer på Norge + Norden og feed inn til Oslo samt Spania og storbyer i Europa tror jeg du vil få et ganske solid selskap.

anon99163478 · november 24, 2020, 5:30pm

Det har vel som taleren over sier, vill ekspansjon OG uflaks. Kjipt, men har det ikke livets rett - så hvorfor skal staten gå inn og redde?

Aaleby · november 24, 2020, 5:45pm

Mener på ingen måte at staten skal være reddende engel gitt kostnadene, men begrunnelsen blir feil. I en normal verden uten i overkant mye uflaks, på verst tenkelig tidspunkt, ville NAS mest sannsynlig ha lyktes med sin valgte vekststrategi. Blir for stor eim av etterpåklokskap å skulle dømme selskapet for å ha gått ad undas etter å ha blitt truffet av en sort svane av episke dimensjoner.

rayman · november 24, 2020, 6:02pm

Men det litt moro å vite at de takket nei til ett bud på 350kr aksjen, når man ser hvordan det går nå… Så det har vært litt grådighet og dårlig styring inn i bilde en stund før dette…

E24Bot · november 25, 2020, 10:57am

Å handle Norwegian-aksjen er som å spille rulett – men kanskje morsommere

TekBot · november 30, 2020, 9:05am

NORWEGIAN AIR SHUTTLE ASA: DISCLOSURE OF SHAREHOLDING

On 27 November 2020, AerCap Holdings N.V. (“AerCap”) has, through its wholly owned subsidiary Ballyfin Aviation Limited, sold 47,846,873 shares in Norwegian Air Shuttle ASA (“NAS”). Following this transaction, AerCap has, through certain of its indirect wholly owned subsidiaries as well as certain other companies in which AerCap has an interest (collectively the “Relevant Entities”), an interest in a total of 114,791,646 ordinary shares, representing 3.1% of the share capital and voting rights in NAS.

In addition, certain of the Relevant Entities hold an interest in perpetual bonds in NAS. Such perpetual bonds can be converted into 219,498,267 ordinary shares in NAS, representing in total 5.9% of the share capital and voting rights in NAS.
…

Vis børsmeldingen

This information is subject to the disclosure requirements set out in section 4-3 of the Norwegian Securities Trading Act.

Kilde

Shattering84 · november 30, 2020, 9:37am

Hvem er det som kjøper alle disse

rayman · november 30, 2020, 9:41am

Småsparere i Norge og Sverige…

E24Bot · desember 2, 2020, 5:12am

Vaksinenytt sender småsparerne inn i farmasiaksjer

TekBot · desember 3, 2020, 7:31am

Norwegian Air Shuttle ASA (NAS) - Notice of extraordinary general meeting

The Board of Directors of Norwegian Air Shuttle ASA (“Norwegian” or the “Company”) is today proposing a plan and set of actions that secures current and future travelers and ultimately will potentially enable the company to exit its current Irish Examinership process through implementations that aim to right-size the company operations at a level of proven profitability. This will mainly be done by reducing the fleet of aircraft, and therethrough reconstruct a balance sheet that is focused and strong enough to attract new investors and stakeholders including potentially Norwegian government support. The debt to equity conversion will not only include parts or whole of aircraft financing or leasing liabilities, vendor/supplier liabilities, bond obligations but potentially also include arrangements that requires Norwegian only to pay for aircraft when in use until 2022 (so called «PBH» Power by the hour). An equity issue up to NOK 4 billion in the form of common stock and/or hybrid equity instruments to current, new shareholders and other potential stakeholders is viewed as the final step in this process. It is the intention that should all these actions be successful, current shareholders will together with the current debtors become meaningful minority shareholders of the company. An extraordinary general meeting will be held 17 December 2020.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
…

Vis børsmeldingen

Background
On 21 March 2020, in response to the Covid-19 outbreak and its negative economic effects on businesses, the Norwegian government approved certain measures and state aid including, inter alia, a state guarantee scheme pursuant to which the government would guarantee 90% of loans granted to the company by banks and other financial institutions, amounting to NOK 3 billion of state aid.

On 20 May 2020, the company announced that following its conversion of approximately NOK 12.7 billion of debt to equity, it had satisfied the conditions precedent for obtaining the full amount of support available pursuant to the said state guarantee scheme, and had in addition completed a private placement in the amount of NOK 400 million (for more information, see the company’s prospectus dated 5 May 2020, and the company’s stock exchange notice dated 20 May 2020).

Following a limited improvement in conditions in April and May, global coronavirus cases and deaths have been climbing since early June, resulting in re-imposition of measures aimed at curtailing the spread of the disease, including travel and other restrictions that have proven particularly challenging for the company and the airline industry at large.

The company has been strongly affected by the pandemic and has reported a net loss of NOK 6,412 million in the second and third quarter 2020. In addition, the Company has experienced a 91% passenger decline compared to the same period last year and has taken the decision to furlough additional employees and reduce capacity considerably, leaving only six to seven aircraft in operation.

The company’s successful restructuring in the first six months of 2020 improved equity by NOK 18.2 billion, achieved by converting bond debt, lease liabilities and accounts payable to equity, as well as a public offering. However, despite this strong support from stakeholders and unprecedented voluntary strengthening of the balance sheet, it became evident that the company needed further support from the government due to the continued impact of the pandemic.

Although the company presented a plan for its successful emergence from the pandemic, the Norwegian Government announced on 9 November 2020 that it would not provide additional financial support for the time being.

As a consequence, the board of directors of the company resolved on 17 November 2020 to downsize its aircraft platform through a court-supervised process in Ireland termed “examinership”. An examiner was appointed for this purpose on 18 November 2020 and the current target date for completion of this process is 26 February 2021.
The company believes that Irish examinership represents a fair and transparent way forward and will enable current operations to continue whilst resizing the balance sheet and operational expenses in a manner sufficient to attract further capital.

The process imposes a global “automatic stay” on creditors. This means that, for the duration of the process, creditors of the companies in examinership are generally unable to take action to secure payment, and the relevant companies cannot pay or otherwise discharge liabilities incurred prior to the commencement of the examinership process. To safeguard customers and stakeholders the company will determine whether enhanced measures will be required, including a possible Norwegian reconstruction process based on the temporary reconstruction act entered into force on 11 May 2020.

The company asks for the continued support of its shareholders to prepare for future capital increases in parallel with the restructuring of its balance sheet through the above legal proceedings.
By way of the above recapitalization process, the company aims to attract up to NOK 4 billion in cash in addition to significant equitization of existing debt at market price. The terms of such capital will be announced subsequently and will likely consist of a variety of capital classes such as equity, subordinated debt, loans and, if possible, further state aid.

For more information, please contact Geir Karlsen, CFO, phone +47 916 08 332

Fornebu, Norway - 3 December 2020
Norwegian Air Shuttle ASA

Attached, notice of Extraordinary General Meeting

Kilde

TekBot · desember 3, 2020, 7:31am

Norwegian Air Shuttle ASA (NAS) – Key information relating to the reverse share split

olafg · desember 3, 2020, 7:37am

Blir spennende å se om dette går i boks!

Edit: prisen går sikkert opp nå pga splitt…

Buffet · desember 3, 2020, 7:37am

Hente 4 milliarder.
Hvordan klarer de å få med seg investorer?
De milliardene de spyttet inn sist forsvant i rekordfart.

E24Bot · desember 3, 2020, 7:41am

Norwegian vil hente 4 milliarder i friske penger

E24Bot · desember 3, 2020, 7:57am

Norwegians nye kriseplan: Vil hente 4 milliarder i friske penger

Christian · desember 3, 2020, 8:15am

@Sjakk skrev i chat:

emisjon og full konvertering av alle lån og leases til aksjer. Perpetual bonds til de som ikke kan eie aksjer

Sist gang, så var de fortsatt nedsyltet i gjeld. Nå vil de være gjeldfrie. Jeg vet ikke hvordan de som blir med på emisjonen står, men kan jo være at risk/reward ikke er helt idioti denne gangen. Forutsetter selvfølgelig at Korona-tiltakene blir lagt bort når vaksinen er på bordet. Tror det kommer til å bli bra trøkk på sydenturene til sommeren for å si det sånn. “Ingen” som dro på utenlandsferie i 2020, da skal “alle” på tur i 2021.

Buffet · desember 3, 2020, 8:17am

Skjønner. Jeg følger ikke NAS, så det ble sånn sett en kjapp kommentar basert på sist emisjon

Men NAS blir altså gjeldsfritt ja?

E24Bot · desember 3, 2020, 8:17am

Norwegian foreslår aksjespleis