Norse Atlantic ASA

Earnings Release • Sep 3, 2024

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.

ASK (Available Seat Kilometers): Number of available passenger seats multiplied by flight distance. | Completion: Percentage of scheduled flights that operated. | LF (Load Factor): A measure of how efficiently seats are filled, found by dividing RPK by ASK.| Punctuality: Aircraft arrived within 15 minutes of the scheduled arrival time. Indicates on time performance.| RPK (Revenue Passenger Kilometers): Number of sold seats multiplied by flight distance.