Norwegian Air Shuttle ASA

Earnings Release • Jul 6, 2022

Norwegian Air Shuttle ASA TRAFFIC FIGURES June 2022

In June, the capacity was eight times higher than June last year and up 19% from the previous month. The load factor increased to 84.9%, compared to 62.9% for the same period last year. On average, Norwegian operated 68 aircraft during June.

Compared to the same period last year:

ASK: 2,924m

Total capacity (ASK) increased 811%

RPK: 2,482m

Total passenger traffic (RPK) increased 1,129%

73 grams per RPK, 31% less CO²

Load Factor

Load factor this month increased 22 p.p.

Total number of passengers was 1,937,318, an increase of 759%

TRAFFIC DEVELOPMENT

Jun	Jun-22	Jun-21	Change
ASK (million)	2,924	321	811 %
RPK (million)	2,482	202	1,129 %
Load factor	84.9 %	62.9 %	22 p.p.
Passengers	1,937,318	225,509	759 %
Traffic 12-month rolling	Jun-22	Jun-21	Change
ASK (million)	20,039	3,540	466 %
RPK (million)	15,594	1,970	692 %
Load factor	77.8 %	55.6 %	22 p.p.
Passengers	12,785,885	2,151,247	494 %

PASSENGER REVENUES (ESTIMATE)

Jun	Jun-22	Jun-21	Change
Yield – ticket revenue	0.67	0.74	-10 %
Yield – total	0.81	0.90	-11 %
Unit revenue - ticket	0.57	0.47	22 %
Unit revenue – total	0.68	0.57	20 %

OPERATING PERFORMANCE

Jun	Jun-22	Jun-21	Change
Regularity	99.1	99.9	-0.8
	%	%	p.p.
Punctuality	69.6	94.1	-24.5
	%	%	p.p.
CO2	73	105	-31 %
per RPK	g	g

OPERATING PERFORMANCE

Average flying distance increased 57%

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