Norse Atlantic faces financial pressure as share price collapses

Norse Atlantic Airways has seen its share price fall by nearly 98% since April 28, 2023. The decline coincides with weak operational results from the Norwegian carrier.

For the second quarter of 2026, Norse recorded an operating margin of -21%. That came despite a load factor of 94% across its own network, which was above the roughly 84% worldwide average reported by the International Air Transport Association for the same period.