Norwegian Air Shuttle ASA

Earnings Release • Sep 6, 2022

Norwegian Air Shuttle ASA TRAFFIC FIGURES August 2022

In August, the capacity was 143% higher than August last year and down 10% compared to the previous month. The load factor was 86%, compared to 73% for the same period last year. On average, Norwegian operated 69 aircraft during August.

Compared to the same period last year:

ASK: 2,998m

Total capacity (ASK) increased 143%

RPK: 2,563m

Total passenger traffic (RPK) increased 186%

75 grams per RPK, 14% less CO2

Load Factor

Load factor this month increased 13 p.p.

Total number of passengers was 1,996,211, an increase of 153%

TRAFFIC DEVELOPMENT

August	Aug-22	Aug-21	Change
ASK (million)	2,998	1,235	143 %
RPK (million)	2,563	897	186 %
Load factor	85.5 %	72.6 %	13 p.p.
Passengers	1,996,211	790,220	153 %
Traffic 12-month rolling	Aug-22	Aug-21	Change
ASK (million)	23,984	4,816	398 %
RPK (million)	19,547	3,003	551 %
Load factor	81.5 %	62.4 %	19 p.p.
Passengers	15,500,685	2,967,888	422 %

PASSENGER REVENUES (ESTIMATE)

August	Aug-22	Aug-21	Change
Yield – ticket revenue	0.66	0.52	27 %
Yield – total	0.80	0.66	21 %
Unit revenue – ticket	0.57	0.38	49 %
Unit revenue – total	0.68	0.48	42 %

OPERATING PERFORMANCE

August	Aug-22	Aug-21	Change
Regularity	99.7	99.8	-0.1
	%	%	p.p.
Punctuality	63.0	91.9	-28.9
	%	%	p.p.
CO2	75	87	-14 %
per RPK	g	g

OPERATING PERFORMANCE

Scheduled flights that operated this month

HEDGE POSITIONS

The Group has no open hedge positions.

ITEM	DESCRIPTION
ASK	Available seat kilometres. Number of available passenger seats multiplied by flight distance
CO2 per RPK	Amount of CO2 emssions divided by RPK
Load Factor	RPK divided by ASK. A measure of utilisation of available seats
Punctuality	Share of flights departing on schedule
Regularity	Share of scheduled flights taking place
RPK	Revenue passenger kilometres. Number of sold seats multiplied by flight distance
Yield – ticket revenue	Passenger ticket revenue divided by RPK. A measure of average fare per kilometre
Yield – total revenue	Passenger ticket revenue and flight related ancillary revenue divided by RPK. A measure of average passenger revenue per kilometre
Unit revenue – ticket	Passenger ticket revenue divided by ASK
Unit revenue – total	Passenger ticket revenue and flight related ancillary revenue divided by ASK