Norwegian Air Shuttle ASA — Earnings Release 2021

Jul 6, 2021

Norwegian Air Shuttle ASA TRAFFIC FIGURES JUNE 2021

Norwegian's traffic figures for June are heavily influenced by the travel restrictions and soft demand. The capacity was 182% higher than last year with a load factor of 62.9%. Demand continue to increase driven by the unlocking of markets and easing of travel restrictions.

Compared to the same period last year:

• Total capacity (ASK) increased by 182%
• Total passenger traffic (RPK) increased by 102%
• The load factor was 62.9%, down by 25 p.p.
• The total number of passengers flown was 225 509, an increase of 100%

The unit revenue (RASK) is estimated at 0.47 for the period, down by 42%.

The average flying distance for the Group increased by 27% in June compared to the same period last year.

In June, the Group operated 99.9% of its scheduled flights, whereof 94.1% departed on time, 5.3 p.p. lower than last year.

CO2 emissions was 105 grams per RPK.

TRAFFIC DEVELOPMENT

Jun-21	Jun-20	Change
321	114	182 %
202	100	102 %
62.9 %	87.7 %	-25 p.p.
225,509	113,004	100 %
Jun-21	Jun-20	Change
3,540	65,024	-95 %
1,970	55,957	-96 %
55.6 %	86.1 %	-30.5 p.p.
		-91 %
		2,151,247 23,413,169

PASSENGER REVENUES (ESTIMATE)

June	Jun-21	Jun-20	Change
Yield (NOK)	0.74	0.92	-19 %
Unit revenue (NOK)	0.47	0.81	-42 %

OPERATING PERFORMANCE

June	Jun-21	Jun-20	Change
Regularity	99.9 %	99.7 %	0.2 p.p.
Punctuality	94.1 %	99.4 %	-5.3 p.p.
CO2 per RPK	105 g	93 g	13 %

HEDGE POSITIONS