Will Norse Atlantic's Cheap Transatlantic Flights Soon Disappear?

Norse Atlantic Airways' share price has fallen by almost 98% since April 28, 2023. This sharp decline is perhaps unsurprising considering some of the operational results reported by the Norwegian carrier. For the second quarter of 2026, Norse reported a terrible operating margin of -21% despite achieving an excellent 94% load factor across its own network. This actually exceeded the roughly 84% average worldwide load factor reported by the International Air Transport Association (IATA) for the same period.