Norwegian Air Shuttle ASA

Earnings Release • Mar 6, 2025

Norwegian Air Shuttle ASA (NAS) - Traffic Figures for February 2025

Norwegian Air Shuttle ASA (NAS) - Traffic Figures for February 2025

In February, Norwegian had 1,294,243 passengers, while Widerøe had 288,304 passengers, totalling 1,582,547 for the group. The capacity increased by 14 percent for Norwegian, while Widerøe had a capacity comparable to February 2024. Both airlines had good operational performance and punctuality in February.

“It is encouraging that we maintained a solid load factor of almost 85 percent while significantly increasing capacity compared to last year. In addition, both Norwegian and Widerøe have had a marked improvement in punctuality, which is essential for our customers,” said Geir Karlsen, CEO of Norwegian.

Norwegian’s capacity (ASK) in February was 2,219 million seat kilometres, up 14 percent from last year. Actual passenger traffic (RPK) for Norwegian was 1,881 million seat kilometres, up 12 percent, while the load factor was 84.8 percent, down 1.2 percentage points from the same period last year. Norwegian operated an average of 74 aircraft during February.

Widerøe had a stable capacity (ASK) in February with 149 million seat kilometres, down 0.5 percent from last year. The actual passenger traffic (RPK) for Widerøe was 104 million seat kilometres, while the load factor was 70.1 percent, up 2.9 percentage points.

On operational performance, both airlines have delivered high punctuality after some winter months with challenging weather. Norwegian’s and Widerøe’s punctuality, defined as the share of flights departing within 15 minutes of scheduled time, was 84.7 percent and 82.6 percent respectively. Regularity, measured by the share of scheduled flights taking place, was 99.5 percent for Norwegian and 96.0 percent for Widerøe.

Ramping up for a busy summer season

With Easter and spring around the corner, Norwegian and Widerøe are now in the process of ramping up for the busy summer season. The summer programme begins at the end of March, and both airlines are seeing good booking momentum for the peak season.

“We are ready for the fast-approaching summer season and have received three brand new aircraft from Boeing so far this year. The Easter holiday period is in high demand, and those looking to travel for the holidays should book now. May is also filling up well with several public holidays, and the booking trend we see for the summer peak season is promising,” said Geir Karlsen.

See detailed traffic figures in the attached PDF.

For further information, please contact:

Hans-Jørgen Wibstad, CFO at Norwegian Air Shuttle ASA, Tel: +47 916 89 661

Fornebu, 6 March 2025

Norwegian Air Shuttle ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Teodora Samoila, Financial Analyst at Norwegian Air Shuttle ASA, on 6 March 2025 at 08:00 CET.