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Norwegian Air Shuttle - About the company

Norwegian Air Shuttle is a public company based in Fornebu (Norway), founded in 2002 by Bjorn Kjos. It operates as a Norwegian low-cost airline. Norwegian Air Shuttle has raised an undisclosed amount in funding. The company has 274 active competitors, including 3 funded and 49 that have exited. Its top competitors include companies like TAP Portugal, Volaris and Brussels Airlines.

Company Details

Norwegian Air Shuttle is a Norwegian low-cost airline based in Fornebu. Through its own fleet of Boeing aircraft, the company offers scheduled passenger transportation services.
Social
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Email ID
*****@norwegian.com
Part Of
Registered Address
1, Vestvej, Kastrup, 2770
Key Metrics
Founded Year
2002
Location
Fornebu, Norway
Stage
Public
Latest Funding Round
Ranked
Employee Count
4,527 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Norwegian Air Shuttle's IPO details

Norwegian Air Shuttle got listed on Oct 17, 2012.
Click here to take a look at Norwegian Air Shuttle's IPO in detail
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Norwegian Air Shuttle's funding and investors

Norwegian Air Shuttle has raised funding over 6 rounds. Its first funding round was on Dec 02, 2015. Norwegian Air Shuttle has 7 institutional investors.

Here is the list of recent funding rounds of Norwegian Air Shuttle:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 27, 2021
1816412
Post IPO
4076845
4545816
5753066
2740968
Nov 05, 2019
9115505
Post IPO
2751296
1245324
8705602
Apr 12, 2018
1080619
Post IPO
3827535
5315398
8339745
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Norwegian Air Shuttle's founders and board of directors

Founder? Claim Profile
The founders of Norwegian Air Shuttle is Bjorn Kjos. Bjorn Kjos is the CEO of Norwegian Air Shuttle.
Here are the details of Norwegian Air Shuttle's key team members:

Norwegian Air Shuttle's employee count trend

Norwegian Air Shuttle has 4,527 employees as of Sep 26. Here is Norwegian Air Shuttle's employee count trend over the years:
Employee count trend for Norwegian Air Shuttle
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Norwegian Air Shuttle's Competitors and alternates

Top competitors of Norwegian Air Shuttle include TAP Portugal, Volaris and Brussels Airlines. Here is the list of Top 10 competitors of Norwegian Air Shuttle, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Norwegian Air Shuttle
Norwegian Air Shuttle
2002, Fornebu (Norway), Public
Norwegian low-cost airline
-
70/100
2nd
Logo for TAP Portugal
TAP Portugal
1944, Lisbon (Portugal), Acquired
Provider of air travel services and loyalty programs
$111M
68/100
3rd
Logo for Volaris
Volaris
1993, Mexico City (Mexico), Public
Operator of passenger airlines
-
68/100
4th
Logo for Brussels Airlines
Brussels Airlines
2002, Brussels (Belgium), Acquired
An airline carrier based out of Belgium
-
66/100
5th
Logo for Spirit Airlines
Spirit Airlines
1903, Miramar (United States), Acquired
Airline providing cheap airfare options for passengers traveling within the United States, the Caribbean, and Latin America
$575M
66/100
6th
Logo for Philippine Airlines
Philippine Airlines
1941, Manila (Philippines), Public
Philippine flag carrier
$600M
63/100
7th
Logo for TUI
TUI
1961, Portsmouth (United Kingdom), Funding Raised
Provider of travel and tourism services offering package holidays, flights, & cruises
-
62/100
8th
Logo for FlySafair
FlySafair
2014, Johannesburg (South Africa), Acquired
Provider of travel and holiday services
-
-
62/100
9th
Logo for GOL Linhas Aéreas Inteligentes
GOL Linhas Aéreas Inteligentes
2001, Rio de Janeiro (Brazil), Public
Provider of air travel services and a loyalty program
-
62/100
10th
Logo for Turkish Airlines
Turkish Airlines
1933, Istanbul (Turkey), Public
Provider of travel agency services
-
 
62/100
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Looking for more details on Norwegian Air Shuttle's competitors? Click here to see the top ones

Norwegian Air Shuttle's Investments and acquisitions

Norwegian Air Shuttle has made 1 investment in VoxiKids and acquired Widere and FlyNordic.
Here is the list of these investments and acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Feb 29, 2024
Investments
2020
Bucharest (Romania)
Jul 06, 2023
Acquisition
1934
Bodo (Norway)
Apr 24, 2007
Acquisition
1996
Stockholm (Sweden)
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Reports related to Norwegian Air Shuttle

Here is the latest report on Norwegian Air Shuttle's sector:

News related to Norwegian Air Shuttle

lockFilter this list
Media has covered Norwegian Air Shuttle for a total of 18 events in the last 1 year, 6 of them have been about company updates and 1 about partnerships.
•
Erling Haaland Sues Norwegian Air Shuttle Over World Cup Ponytail AdOne Mile•Oct 07, 2026•Norwegian Air Shuttle
•
CDB Aviation Delivers First B737-8 to NorwegianAviTrader•Sep 30, 2026•Norwegian Air Shuttle
•
Norwegian swings to Q2 operating lossAviTrader•Jul 14, 2026•Norwegian Air Shuttle
•
Norwegian Air Shuttle ASA GAAP EPS of -NOK0.53, revenue of NOK10.41BSeeking Alpha•Jul 14, 2026•Norwegian Air Shuttle
•
Norwegian swaps Instagram logo for 2026 British Airways betKarryon•Jul 13, 2026•Norwegian Air Shuttle
•
Norwegian Group to Acquire Nordic Leisure Travel Groupch-aviation•Jun 16, 2026•Norwegian Air Shuttle
•
Norwegian buys leased Boeing 737-800AviTrader•Jun 05, 2026•Norwegian Air Shuttle
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FAQs about Norwegian Air Shuttle

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