Norwegian Air Shuttle ASA — Earnings Release 2021

Feb 4, 2021

Norwegian Air Shuttle ASA (NAS) - Traffic figures for January 2021

Norwegian Air Shuttle ASA (NAS) - Traffic figures for January 2021

Norwegian’s traffic figures for January are heavily influenced by the travel restrictions and drop in demand. The capacity was 98% lower than last year with a load factor of 35.9%. On average Norwegian operated 8 aircraft in January, 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 35.9%, down 45 p.p.

- The total number of passengers flown was 74,224, a decrease of 96%

The unit revenue (RASK) is estimated at 0.29 for the period, down by 9%.

The average flying distance for the Group decreased by 67% in January compared to the same period last year. In January, the Group operated 96.8% of its scheduled flights, whereof 90.4% departed on time.

CO2 emissions was 196 grams per RPK, due to lower load factor than normal.

Fornebu, 4 February 2021

Norwegian Air Shuttle ASA