Norwegian Group is a leading Nordic aviation company headquartered in Fornebu, Norway. The company consists of two prominent airlines: Norwegian Air Shuttle and Widerøe’s Flyveselskap. Norwegian Air Shuttle, the largest Norwegian airline, connects Nordic countries with key European destinations and carried over 20 million passengers in 2023 with a fleet of 87 Boeing aircraft. Widerøe’s Flyveselskap, Scandinavia’s largest regional carrier, operates mainly in rural Norway and had 3.3 million passengers in 2023. The company has a strong commitment to sustainability, particularly in reducing carbon emissions through the investment in fossil-free aviation fuel. In 2024, Norwegian acquired Widerøe with the aim of facilitating seamless air travel across the two airline’s networks. The company received a $271.00MPost-IPO debt investment on 20th May 2020, with regjeringen.no as the investors. Norwegian's strong presence in the Nordic aviation market, commitment to sustainability, and strategic acquisitions position it as an attractive investment opportunity in the aviation industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Debt | $271.00M | 1 | Government of Norway | 20 May 2020 |
Post-IPO Equity | $353.00M | 2 | Bjorn Halvor Kise, International Airlines Group (IAG) | 29 Jan 2019 |
Post-IPO Equity | Unknown | 1 | International Airlines Group (IAG) | 12 Apr 2018 |
Post-IPO Equity | kr1.30B | - | 20 Mar 2018 |
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