Norwegian Air Shuttle ASA — Earnings Release 2021

Dec 6, 2021

Norwegian Air Shuttle ASA TRAFFIC FIGURES NOVEMBER 2021

In November the capacity was five times higher than last year with a load factor of 76.6% compared to 44.4% the same period last year. On average, Norwegian operated 49 aircraft during November.

Compared to the same period last year:

• Total capacity (ASK) increased by 541%
• Total passenger traffic (RPK) increased by 1007%
• The load factor was 76.6%, up by 32 p.p.
• The total number of passengers was 1 005 380, an increase of 708%

The unit revenue (RASK) is estimated at 0.42 for the period, up by 14%.

The average flying distance for the Group increased by 61% in November compared to the same period last year.

In November, the Group operated 99.8% of its scheduled flights, whereof 91.3% departed on time, 3.5 p.p. lower than last year.

CO2 emissions was 85 grams per RPK, 46% lower than last year.

TRAFFIC DEVELOPMENT

November	Nov-21	Nov-20	Change
ASK (million)	1,430	223	541 %
RPK (million)	1,096	99	1007 %
Load factor	76.6 %	44.4 %	32 p.p.
Passengers	1,005,380	124,481	708 %
Traffic 12-month rolling	Nov-21	Nov-20	Change
ASK (million)	8,054	24,325	-67 %
RPK (million)	5,854	18,879	-69 %
Load factor	72.7 %	77.6 %	-4.9 p.p.
Passengers

PASSENGER REVENUES (ESTIMATE)

November	Nov-21	Nov-20	Change
Yield (NOK)	0.55	0.82	-34 %
Unit revenue (NOK)	0.42	0.37	14 %

OPERATING PERFORMANCE

November	Nov-21	Nov-20	Change
Regularity	99.8 %	72.7 %	27.1 p.p.
Punctuality	91.3 %	94.8 %	-3.5 p.p.
CO2 per RPK	85 g	156 g	-46 %

HEDGE POSITIONS