Norwegian Air Shuttle ASA NAS
Oslo Børs · Industrials · Airlines
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Guidance from Norwegian Air Shuttle
BetaWhat the company says it expects, and how often it has delivered on it.
Guidance in the latest report
- Norwegian production (ASK) growth vs same period last year (Q4 2026)
“For Norwegian, production (ASK) for the fourth quarter of 2026 is forecasted to increase by 2 percent compared to the same period last year” (p. 11) - Norwegian production (ASK) growth (FY 2026)
“while production is forecasted to increase by 2 percent for the full year of 2026.” (p. 11) - Widerøe production (ASK) growth (2026)
“Production (ASK) for Widerøe in 2026 is projected to increase by 2 percent.” (p. 11) - Norwegian full-year production (ASK) growth vs 2026 (2027)
“while overall production (ASK) for the full year is expected to increase by approximately 5 percent compared to 2026.” (p. 11) - Widerøe production (ASK) change (2027)
“For Widerøe, production (ASK) is forecasted to decrease by approximately 3 percent” (p. 11) - Norwegian Q1 2027 production reduced from original planned capacity (Q1 2027)
“Norwegian has reduced its production for the first quarter of 2027 by more than 5 percent from the original planned capacity.” (p. 11) - Norwegian winter season production vs same period last year (Winter season 2026/27)
“Production for the winter season is forecasted to increase marginally compared to the same period last year.” (p. 3) - Norwegian fleet size (Summer 2027)
“The Norwegian fleet is projected at around 100 aircraft for the summer of 2027” (p. 11) - Norwegian underlying unit cost excluding fuel vs 2025, assuming current FX rates (FY 2026)
“Underlying unit cost excluding fuel for Norwegian, i.e. adjusting for gains related to the purchase of leased aircraft, is expected to be unchanged in 2026 compared to 2025*, assuming current foreign exchange rates.” (p. 11)
Guidance against the outcome
| Given | What | Period | Guided | Actual | Outcome |
|---|---|---|---|---|---|
| 2025-02-13 | Revenue expects revenue growth |
2025 | Up (from 35,317) | 37,646 | Met |
| 2024-10-25 | Operating profit forecasting a group operating profit (EBIT) for 2024 to be in the range of NOK 2.1 to... |
2024 | 2,100 – 2,400 | 1,873 | Below |
| 2024-02-16 | Operating profit expecting an operating profit (EBIT) to be in the range of NOK 2.5 to 3.2 billion |
2024 | 2,500 – 3,200 | 1,873 | Below |
| 2024-02-16 | Revenue forecasting a production growth of approximately 12 percent for the full-year |
2024 | Up (from 25,539) | 35,317 | Met |
Amounts in NOK million. Each outcome counts from the day the report with the actual figure was published, as a backtest sees it. Hover a metric for the report's own words; click the date or the actual figure to open the report on its page.
Guidance only counts when it names a year or quarter and a figure the reports show: revenue, operating profit, margins, EPS and bank and insurance ratios. Read by an AI model and can be wrong. Not investment advice.
Not investment advice. Figures may contain errors from the data source.