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Norwegian Air Shuttle ASA Earnings Release 2021

Mar 4, 2021

3690_iss_2021-03-04_229c3b5d-cfc3-42d0-855a-24ee98cecdc3.html

Earnings Release

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Norwegian Air Shuttles ASA (NAS) - Traffic figures for February 2021

Norwegian Air Shuttles ASA (NAS) - Traffic figures for February 2021

Norwegian’s traffic figures for February are heavily influenced by the travel restrictions and soft demand. The capacity was 98% lower than last year with a load factor of 38.1%. On average Norwegian operated eight aircraft in

February, mainly on domestic routes in Norway.

Compared to the same period last year:

- Total capacity (ASK) decreased by 98%

- Total passenger traffic (RPK) decreased by 99%

- The load factor was 38.1%, down 44 p.p.

- The total number of passengers flown was 61,374, a decrease of 97%

The unit revenue (RASK) is estimated at 0.36 for the period, up by 19%.

The average flying distance for the Group decreased by 67% in February compared to the same period last year.

In February, the Group operated 96.8% of its scheduled flights, whereof 93.5% departed on time, 9.3 p.p. higher than last year

CO2 emissions was 202 grams per RPK, due to lower load factor than normal.

Fornebu, 4 March 2021

Norwegian Air Shuttle ASA

This information is subject of the disclosure requirements according to Market Abuse Regulation (MAR) Article 17 no. 1, and was prepared by Tore Østby, EVP Strategic Development at Norwegian Air Shuttle ASA, tel +47 99546400.