Is Norwegian Air Shuttle ASA stock in a downtrend?

As of 2023 June 02, Friday current price of NWARF stock is 1.190$ and our data indicates that the asset price has been in a downtrend for the past 1 year (or since its inception). Norwegian Air Shuttle ASA stock price has been showing a declining tendency so we believe that similar market segments were not very popular in the given period.

Why does Norwegian Air stock sink?

Transportation Norwegian Air Stock Sinks as Debt-for-Equity Swap Secures State Aid. The Airline’s Problems Are Far From Over. Norwegian Air Shuttle ASA is an airline company, which engages in the provision of aviation, other transport, and travel-related activities. It offers routes to destinations in Europe, North Africa, and the Middle East.

Who owns Norwegian Air Sweden?

Norwegian Air Sweden operates in conjunction with its parent company Norwegian Air Shuttle, together forming Norwegian Group. In addition to Sweden, the airline operates bases situated in countries outside of Norway for the airline group's collective route network. ^. aviator.aero. 21 July 2018.

What is Norwegian Air?

Norwegian Air started as a local carrier providing the west coast of Norway. Through the years it has developed into one of the worlds most popular low-cost airlines. This was partially thanks to the airline being the first European provider to offer in-flight Wi-Fi, as well as movie and TV rental.