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Norse Atlantic ASA

Earnings Release Sep 3, 2024

3683_rns_2024-09-03_a3cbc5f1-5615-4ccd-bc91-0206e1b92e09.html

Earnings Release

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All time high for Norse Atlantic in August

All time high for Norse Atlantic in August

Norse Atlantic sets new records in August with highest load factor, passenger

numbers and cargo volume carried to date. The month saw an average load factor

of 87 per cent, representing an increase of one percentage point (p.p.) year on

year. During August, Norse Atlantic had 191,291 passengers, representing an

increase of 26 per cent across 661 flights compared to a year earlier, including

11 charters operated during the month. Norse Atlantic completed 100 per cent of

scheduled flights in the month, while 78 per cent of flights arrived within 15

minutes of their scheduled arrival time.

"August has been a truly record-breaking month for Norse Atlantic, with our

highest-ever load factor, passenger numbers, and cargo volume carried since our

inception. These achievements are a powerful testament to our value for money

proposition and the dedication of our entire team. Additionally, by the end of

the month of August the airline had already sold more segments in 2024 than

across the entire year of 2023," said Bjorn Tore Larsen, CEO and Founder Norse

Atlantic.

Key traffic figures for August are attached.

Contacts:

Investors: CFO, Anders Hall Jomaas, [email protected]

Media: SVP Communications, Philip Allport, [email protected]

Norse Atlantic is an airline that offers affordable fares on long-haul flights,

primarily between Europe and the United States. The company was founded by CEO

and major shareholder Bjørn Tore Larsen in March 2021. Norse has a fleet of 15

modern, fuel-efficient and more environmentally friendly Boeing 787 Dreamliners

that serve destinations including New York, Las Vegas, Los Angeles, Orlando,

Miami, Cape Town, Bangkok, Oslo, Athens, London, Berlin, Rome and Paris. The

company's first flight took off from Oslo to New York on June 14, 2022.

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