Norwegian - Småprat (NAS) ✈

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Rentefastsettelse

Det er fastsatt ny Obligasjonsrente for NO0010996432.
Ny Obligasjonsrente i Renteperioden 01.12.2023 - 03.06.2024 er 8.4949.
Ticker: NAS14
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Den nye Obligasjonsrenten og Renteperioden er fastsatt i henhold til Obligasjonsavtalen.

Se vedlagt dokument for utfyllende informasjon.

(Publisert av Nordic Trustee)

Kilde

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Norwegian Air Shuttle ASA (NAS) - Notice of Extraordinary General Meeting

Norwegian Air Shuttle ASA will hold an extraordinary general meeting on 21 December 2023 at 10:00 CET.

Mr. Sondre Gravir has decided to resign from the Board of Directors with immediate effect to focus on other commitments.
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The Nomination Committee has proposed that Mr. Stephen Kavanagh, a seasoned airline professional with over 35 years of industry experience, including as the CEO of Aer Lingus, is elected as new shareholder elected and independent member to the Board of Directors.

Mr. Stephen Kavanagh is a highly experienced commercial leader from the aviation industry with a proven track record and strong management, negotiation and communication skills, key to supporting the transformation of Aer Lingus in a period of increased competition. He has held several management positions at Aer Lingus, most recently as Chief Executive Officer (CEO) from February 2015 to 2019, and he still serves on the Board as a Non-Executive Director for Aer Lingus.

Previously he held positions at Aer Lingus as Corporate Planning Director, Chief Commercial Officer, and Chief Strategy Officer. He currently serves as a Non-Executive Director on the Board of Directors of Oman Air, Oman Airports Management Company, aircraft lessor CDB Aviation and as advisory board member at AAP Aviation. He holds a Master of Business Studies and Bachelor of Commerce from University College Dublin.

“On behalf of the whole board, I would like to express our appreciation to Mr. Sondre Gravir for his valuable contribution during a key period for the company. Mr. Gravir has been instrumental as Norwegian has advanced its market position after the 2021 restructuring. I have strong faith that the experience and aviation industry know-how of Mr. Kavanagh can be a strong contribution to both the Board and to Norwegian as a whole,” says Svein Harald Øygard, Chair of the Board of Norwegian.

The agenda also includes authorisation to the Board of Directors to decide on dividend for 2022 of up to NOK 0.25 per share. The authorisation is subject to approval from holders of the company’s debt instruments. If approval is not obtained by the annual general meeting in 2024, the Board of Directors proposes to set up a dividend fund to set aside the amounts that otherwise would have been distributed. Decisions related to dividends for the 2023 financial year will be made at the 2024 annual general meeting, based on a defined dividend policy. The dividend fund will have a broad investment mandate with a mid-term investment horizon, at most until the full repayment of the relevant debt instruments in September of 2026.

The extraordinary general meeting will be held digitally through Lumi. It will not be possible to attend in person. For digital participation, please use the link https://dnb.lumiagm.com/199006743. Reference and PIN codes to the meeting are available on VPS Investor Services, or in the form attached to the notice to the individual shareholder. Shareholders may also submit a proxy, with or without voting instructions, by 19 December 2023 at 23:59 (CET).

The notice is attached, and all relevant documents can be found at https://www.norwegian.no/om-oss/selskapet/investor-relations/annual-general/.

For further information, please contact:
Svein Harald Øygard, Chair of the Board, Norwegian Air Shuttle ASA Tel: +47 900 42 009
Jesper M. Hatletveit, Investor Relations, Norwegian Air Shuttle ASA Tel: +47 906 64 401

Fornebu, 30 November 2023
Norwegian Air Shuttle ASA

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

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Norwegian Air Shuttle ASA (NAS) - Traffic Figures for November 2023

Norwegian had 1.3 million passengers and a load factor of 82.3 percent in November. Norwegian is still experiencing robust demand for air travel. Regularity was record-high with 99.9 percent of all scheduled flights taking place.

“Norwegian has delivered very solid traffic numbers in a month where seasonal demand is normally at a low point. We have adjusted our capacity considerably to meet the fluctuating demand in the winter, and we are particularly satisfied with our strong load factor of 82.3 percent, up three percentage points from November last year. Additionally, we have delivered an outstanding performance when it comes to regularity with close to all of our almost 10,000 flights taking place in November,” said Geir Karlsen, CEO of Norwegian.
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Norwegian had 1,348,111 passengers in November, down 2 percent from November 2022 and in line with the significantly reduced capacity to match the low season. The capacity (ASK) was 2,004 million seat kilometres, down 6 percent from the same period last year. Actual passenger traffic (RPK) was 1,650 million seat kilometres. Unit revenue (RASK) is estimated at NOK 0.60, while unit revenue including flight related ancillary revenue is estimated at NOK 0.71. In November, Norwegian operated an average of 66 aircraft with a regularity, share of scheduled flights taking place, of 99.9 percent. Punctuality remained high, and the share of flights departing within 15 minutes of scheduled time was 86.8 percent.

Continued strong demand and well received summer programme

Norwegian recently released new routes for the summer season of 2024, including forty routes to new destinations. The summer programme release, as well as a recent sales campaign, has been very well received by Nordic travellers.

“At Norwegian, we continue to see strong demand for air travel. Many of our customers took advantage of our latest sales campaign to book their next journeys. Our newly launched summer programme has been well received, and we notice that travellers have already started to plan their flights for 2024, earlier than last year,” said Karlsen.

While the Christmas and New Years period will be a busy travel period in line with expectations, Norwegian is well positioned navigate the quieter winter trading season. In addition to capacity adjustments, the airline is comfortably hedged for jet fuel at attractive prices for the coming year.

See detailed traffic figures in the attached PDF.

For further information, please contact:
Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Fornebu, 6 December 2023
Norwegian Air Shuttle ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, on 6 December 2023 at 08:00 CET.

Kilde

[E24Bot]

Norwegian fløy 1,3 millioner passasjerer i november

Norwegian fløy 1,3 millioner passasjerer i november

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Norwegian disagrees with NCA’s preliminary assessment

Reference is made to the stock exchange announcement on 17 November 2023, in which the Norwegian Competition Authority (NCA) announced that it is considering intervening in Norwegian’s acquisition of Widerøe. Norwegian strongly disagrees with the NCA’s preliminary assessment and has today delivered a comprehensive response. Norwegian is also disappointed that the majority of documentation provided to the NCA, both written and during meetings, have not been taken into account.

“We view the acquisition of Widerøe as being beneficial for passengers in the domestic travel market in Norway, especially for those passengers travelling on connecting flights. This is a segment currently dominated by our largest competitor, which might explain why the airline in question has voiced its opposition to the transaction. Several customers have endorsed the transaction, and we have received strong support from employees at Widerøe and other stakeholders, including elected officials,” says Geir Karlsen, CEO of Norwegian.
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Norwegian has in its response to the NCA highlighted its complementarity with Widerøe and that the two airlines are not close competitors. Of a combined network of over 400 routes, only two are in reality overlapping. These routes, which are currently served by three separate airlines, represent below one percent of Norwegian’s annual ticket sales. In a consultation statement provided in 2021, the NCA stated that based on empirical data, two competing airlines are enough to ensure sufficient competition on a specific route. In its preliminary statement regarding the acquisition of Widerøe, NCA has moved away from these statements. A third-party assessment by Charles River Associates, a global consultancy with expertise within competition economics and merger cases from the airline industry, shows that Widerøe’s presence on overlapping routes has close to no impact on Norwegian’s fares on those routes, in stark contrast to the NCA’s own assessment.

“Given the extensive dialogue and documentation we have provided, including today’s comprehensive response, I am hopeful that we have demonstrated to the NCA that the acquisition of Widerøe will be positive for the competition for air travel in Norway,” concludes Karlsen.

The deadline for the Competition Authority’s final conclusion is 3 January 2024.

For further information, please contact:
Jesper M. Hatletveit, Investor Relations, Norwegian Air Shuttle ASA Tel: +47 906 64 401

Fornebu, 8 December 2023
Norwegian Air Shuttle ASA

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

[E24Bot]

Spetalen laster opp med Norwegian-aksjer

Spetalen laster opp med Norwegian-aksjer

[anon99889496]

@novalusus

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Norwegian Air Shuttle ASA (NAS) - Mandatory notification of trade

Primary insider Ms Katherine Sherry, member of the Board of Directors, purchased 10,634 shares on Tuesday 12 December at a price of NOK 10.91 per share. Following the transaction, Ms Sherry holds 27,364 shares in the company.

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Fornebu, 14 December 2023
Norwegian Air Shuttle ASA

This release is an announcement issued pursuant to legal information obligations and is subject of the disclosure requirements pursuant to the Market Abuse Regulation (MAR) Article 19 no. 3 and section 5-12 of the Norwegian Securities Trading Act, and was prepared by Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA, tel. +47 906 64 401.

Kilde

[TekBot]

Norwegian Air Shuttle ASA (NAS) – Minutes from the Extraordinary General Meeting 2023

An Extraordinary General Meeting of Norwegian Air Shuttle ASA was held today, 21 December 2023. The meeting was held as a digital meeting.

All proposals on the agenda were adopted.
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Minutes from the Annual General Meeting are attached to the notice and available at www.norwegian.no/om-oss/selskapet/investor-relations/annual-general/

Fornebu, 21 December 2023
Norwegian Air Shuttle ASA

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

[thrave]

Konkurransetilsynet snur: Norwegian får kjøpe Widerøe

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Norwegian gets go-ahead to acquire Widerøe

The Norwegian Competition Authority (NCA) approved Norwegian’s acquisition of Widerøe today. In July, Norwegian announced its intention to acquire Widerøe for a cash consideration of NOK 1,125 million subject to certain closing adjustments. The acquisition will give customers a stronger route offering, more flight options, and will help secure and develop jobs in Norway. For Norwegian, the transaction will enable the linking of complementary route networks, create significant operational synergies and add diversification through Widerøe’s PSO routes.

“We are very happy with today’s decision from the NCA and that they have taken our inputs into account. The acquisition will give all our customers, those travelling within, from and into Norway, an improved route offering with more travel options, in addition to enabling seamless travel across our route networks. We will have a more efficient operation and ensure a strong aviation industry in Norway with local jobs and fair working conditions,” said Geir Karlsen, CEO of Norwegian.
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“We are pleased that the NCA has chosen to take our input into account and are of course very happy that they now have approved the transaction. This has been a demanding case for both us and the NCA, with much documentation, and we have great respect for the work they have done. We are now looking forward to working together with Norwegian to offer better and more competitive travels for those who depend on air travel for their transportation needs,” Stein Nilsen, CEO of Widerøe says.

“The acquisition will secure jobs in Norway with fair wage and working conditions, in addition to ensuring that critical public infrastructure remains in Norwegian ownership and that Widerøe remains as a separate airline and brand, headquartered in Bodø. I couldn’t wish for a better Christmas present,” says Nilsen.

Strengthened domestic and international air travel

Air travellers in Norway can look forward to improved connectivity to Widerøe’s extensive regional route network and Norwegian’s wide-ranging national and international network. Widerøe serves more than 40 small and medium-sized airports throughout Norway, in addition to some larger airports in Europe. Norwegian flies over 300 routes in the high season to more than 120 destinations throughout the Nordics and Europe. The Widerøe brand and operations will continue to exist as its own separate airline with its head office in Bodø, northern Norway.

For further information, please contact:
Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Norwegian Air Shuttle ASA
Fornebu, 21 December 2023

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

[Tony1]

Will the Wideröe and / or Strawberry numbers be reflected in tomorrow’s traffic results for December?

[TekBot]

Norwegian Air Shuttle ASA (NAS) - Traffic Figures for December 2023

In December, Norwegian had more than 1.3 million passengers and recorded a strong load factor of 83.6%, 6 percentage points higher than December 2022. Throughout 2023, Norwegian carried over 20 million passengers, a 16 percent increase from the previous year.

“With 1.3 million passengers in December, a total of more than 20 million passengers chose to travel with us in 2023. Our load factor has increased significantly from December 2022, and I am happy to see these solid results in combination with future bookings picking up after the holidays. Our customers are now planning and booking their next travel adventure with many taking advantage of our New Year’s sale that was launched recently,” said Geir Karlsen, CEO of Norwegian.
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Norwegian had 1,308,441 passengers in December, close to the same number as in December 2022. The capacity (ASK) was 2,013 million seat kilometres, down five percent from the same period last year. Actual passenger traffic (RPK) was 1,684 million seat kilometres. Unit revenue (RASK) is estimated at NOK 0.64, while unit revenue including flight related ancillary revenue is estimated at NOK 0.76. In December, Norwegian operated an average of 65 aircraft with a regularity, meaning the share of scheduled flights taking place, of 99.5 percent. Punctuality was affected by the winter storm Pia and the share of flights departing within 15 minutes of scheduled time was 70.4 percent. However, 93 per cent of all departed flights arrived on schedule or within one hour of scheduled arrival time.

For 2023 as a whole, Norwegian had 20.6 million passengers, an increase of 16 percent from the previous year, the capacity was up by a total of 18 percent, while the load factor increased by 2 percentage points to 84.7percent.

“Winter storm Pia challenged our operations a few days prior to Christmas, but thanks to the relentless effort and meticulous planning by colleagues across the business, we managed to add several extra flights and get passengers home in time for their Christmas celebrations,” said Karlsen.

In December, the Norwegian Competition Authority (NCA) approved Norwegian’s acquisition of Widerøe, and the transaction will be implemented later this month. The two companies complement each other well and will create a streamlined and more comprehensive offering for all customers.

In December, Norwegian launched new routes from cities in Norway to Rhodes, Palma de Mallorca, Edinburgh and Istanbul. The flight schedule for summer 2024 offers more than 330 routes to more than 120 destinations.

See detailed traffic figures in the attached PDF.

For further information, please contact:
Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Fornebu, 5 January 2024
Norwegian Air Shuttle ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, on 5 January 2023 at 08:00 CET.

Kilde

[E24Bot]

Norwegian fløy 1,3 millioner passasjerer i desember

Norwegian fløy 1,3 millioner passasjerer i desember

[TekBot]

Summons to written resolution – Proposed amendment to the senior unsecured bonds, supported by more than 2/3 of the bondholders

Norwegian Air Shuttle ASA (“Norwegian” or the “Company”) has today instructed Nordic Trustee AS to summon a written resolution for the Company’s senior unsecured bonds maturing 30 September 2026 (ISIN NO 001 0996457) (the “Retained Claims Bonds”).

The purpose of the written resolution is to consider a proposal for certain amendments to the bond terms (the “Proposal”) following the acquisition of Widerøe, the regional Norwegian carrier. The Proposal will facilitate operational flexibility for Widerøe and ascertaining stand-alone financing in order to support Widerøe as a separate business unit.
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The Company has received the support of more than 2/3 of the bondholders.

The written resolution, including details of the Proposal, is attached to this release.

The Company has retained DNB Markets as Financial Advisor with respect to the Proposal.

For further information, please contact:
Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Norwegian Air Shuttle ASA
Fornebu, 8 January 2024

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

[Tony1]

Is it a good news?

[TekBot]

Result of summons to written resolution

Pursuant to the stock exchange notice dated 8 January 2024, where Norwegian Air Shuttle ASA (“Norwegian” or the “Company”) instructed Nordic Trustee AS to summon a written resolution for the Company’s senior unsecured bonds maturing 30 September 2026 (ISIN NO 001 0996457) (the “Retained Claims Bonds”), Norwegian announces today that the proposed resolution as defined in the summons was adopted according to the voting requirements of the bond terms.

The notice from the written resolution is attached to this release.
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For further information, please contact:
Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Norwegian Air Shuttle ASA
Fornebu, 8 January 2024

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

[strongbuy]

NAS: DNB MARKETS HØYNER KURMÅL TIL 16 FRA 13,5, GJENTAR KJØP

Oslo (Infront TDN Direkt): DNB Markets høyner kursmålet på Norwegian Air Shuttle til 16 kroner pr aksje, fra 13,5, og gjentar en kjøpsanbefaling.

Det fremgår av en oppdatering fra meglerhuset torsdag.

“Vi venter en blandet fjerdekvartalsrapport, med tall over konsensus, CASK-guiding over konsensus og en ASK-guiding for 2024 på linje med konsensus”,

[TekBot]

Norwegian completes the acquisition of Widerøe

Reference is made to the stock exchange announcement dated 6 July 2023, in which Norwegian Air Shuttle ASA (“Norwegian”) announced its agreement to acquire Widerøe AS (“Widerøe”), and to the stock exchange announcement 21 December 2023, in which Norwegian announced the approval by the Norwegian Competition Authority of the acquisition.

Norwegian has today completed the acquisition, becoming Widerøe’s sole owner. The purchase price of NOK 1,125 million remains subject to certain adjustments, to be finally determined at a later stage.
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For further information, please contact:
Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Fornebu, 12 January 2024
Norwegian Air Shuttle ASA

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

[TekBot]

Flagging i Norwegian Air Shuttle ASA

Folketrygdfondet har i dag, 16.01.2024, kjøpt 241.510 aksjer i Norwegian Air Shuttle ASA og eier etter dette netto 48.204.529 aksjer i selskapet, tilsvarende en eierandel på 5,01%.
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Kilde