Norse Atlantic ASA

Earnings Release • Feb 7, 2025

Norse continues record high load factor

Norse continues record high load factor

For the second successive month Norse Atlantic Airways recorded a load factor of

94%, equaling its highest ever load factor, and representing a 30-percentage

point increase from 64% in the same month the year before. The Company operated

377 flights and transported 111,543 passengers across its network and

ACMI/charter operations, a 71% increase in passenger numbers compared to the

same period last year. 70% of the flights departed within 15 minutes of their

scheduled departure time, compared to 80% the same month last year. ACMI/charter

services saw large growth, with 140 flights operated in January 2025 compared to

23 flights in January 2024.

Investor contacts: Anders Hall Jomaas, CFO, +47 40 04 29 18,

anders.jomaas@flynorse.com