Norwegian Air Shuttle ASA

Earnings Release • Apr 4, 2025

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

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

In March, Norwegian had 1,587,550 passengers, while Widerøe had 328,385 passengers, totalling 1,915,935 for the group. The capacity increased by 13 percent for Norwegian, while Widerøe had a 9 percent increase in capacity compared to March 2024. Norwegian achieved a strong operational performance and high punctuality in March.

“I am pleased that we are continuing the strong momentum with our operational performance in Norwegian, something that is critical as we start our summer programme. March is the last month of the low season, and we look forward to a busy Easter travel period,” said Geir Karlsen, CEO of Norwegian.

Norwegian’s capacity (ASK) in March was 2,770 million seat kilometres, up 13 percent from last year. Actual passenger traffic (RPK) for Norwegian was 2,245 million seat kilometres, up 8 percent. The load factor was 81.1 percent, down 3,9 percentage points from the same period last year. The reduction is mainly caused by the 2024 Easter holidays falling in March, as well as a significant capacity increase. Norwegian operated an average of 77 aircraft during March.

Widerøe’s capacity (ASK) in March was 168 million seat kilometres, up 9 percent from last year. The actual passenger traffic (RPK) for Widerøe was 119 million seat kilometres, while the load factor was 70.7 percent, up 0.3 percentage points.

Norwegian and Widerøe’s punctuality, defined as share of flights departing within 15 minutes of scheduled time, was 88.1 percent and 80.7 percent respectively. Regularity, measured by the share of scheduled flights taking place, was 99.4 percent for Norwegian and 95.5 percent for Widerøe.

Start of the summer programme

The beginning of April marks the start of Norwegian’s summer programme. The summer 2025programme includes 350 routes, with 19 new destinations compared to last year.

“Our summer programme swings into action this week, featuring 129 exciting destinations across Europe and beyond. Initial bookings for summer travel are strong, and we are looking forward to flying all our customers to their destinations. We advise any customers with set holiday dates to book early,” said Geir Karlsen.

During March, Norwegian concluded the deal on the purchase of ten previously leased Boeing 737-800 aircraft which will support the airline’s long-term growth and flexibility.

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, 4 April 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 4 April 2025 at 08:00 CEST.