Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Norway
  4. Oslo Bors
  5. Norse Atlantic ASA
  6. News
  7. Summary
    NORSE   NO0010946445

NORSE ATLANTIC ASA

(NORSE)
  Report
End-of-day quote Oslo Bors  -  2022-11-22
4.290 EUR   -0.23%
11/25Norse Atlantic Asa : Notice of Extraordinary General Meeting
AQ
11/25Norse Atlantic Plunges 33% Amid Plans for Additional $15 Million Equity Raise
MT
11/25Norse Atlantic Asa : Key information regarding proposed subsequent offering
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Norse Atlantic ASA Receives UK Air Operator Certificate and Operating License

09/27/2022 | 03:33am EST

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.


ę S&P Capital IQ 2022
All news about NORSE ATLANTIC ASA
11/25Norse Atlantic Asa : Notice of Extraordinary General Meeting
AQ
11/25Norse Atlantic Plunges 33% Amid Plans for Additional $15 Million Equity Raise
MT
11/25Norse Atlantic Asa : Key information regarding proposed subsequent offering
AQ
11/25Airline Group Norse Atlantic Raises $30 Million to Fund UK Operations
MT
11/25Norse Atlantic Airways announces completion of oversubscribed $30 million equity raise
AQ
11/25Airline Group Norse Atlantic Completes $30 Million Private Placement
MT
11/24Norse Atlantic Asa : Successful completion of private placement
AQ
11/24Norse Atlantic Targets $30 million Capital Raise to Fund UK Flight Operations
MT
11/24Norse Atlantic Asa : Contemplated fully underwritten private placement
AQ
11/09Norse Atlantic Airways releases first routes of summer 2023 schedule
AQ
More news
Financials (USD)
Sales 2022 312 M - -
Net income 2022 12,6 M - -
Net Debt 2022 380 M - -
P/E ratio 2022 1,61x
Yield 2022 -
Capitalization 21,5 M 21,5 M -
EV / Sales 2022 1,29x
EV / Sales 2023 0,66x
Nbr of Employees 63
Free-Float 78,1%
Chart NORSE ATLANTIC ASA
Duration : Period :
Norse Atlantic ASA Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NORSE ATLANTIC ASA
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 1
Last Close Price 2,73
Average target price
Spread / Average Target -
EPS Revisions
Managers and Directors
Bj°rn-Tore Larsen Chief Executive Officer
Ben Boiling Chief Financial Officer
Terje Bodin Larsen Chairman
Ted Hutchins Chief Information Officer
Thorm-Arne Norheim Chief Operating Officer
Sector and Competitors
1st jan.Capi. (M$)
NORSE ATLANTIC ASA-71.30%21
SINGAPORE AIRLINES LIMITED10.02%25 732
DELTA AIR LINES, INC.-10.18%22 464
AIR CHINA LIMITED2.02%16 369
RYANAIR HOLDINGS PLC-14.43%15 431
CHINA SOUTHERN AIRLINES COMPANY LIMITED-10.49%15 320