Norwegian Air Shuttle ASA

Earnings Release • Sep 4, 2025

Norwegian Air Shuttle TRAFFIC FIGURES AUGUST 2025

Load Factor

TRAFFIC DEVELOPMENT

August	Aug-25	Aug-24	Change
ASK (million)	3.979	3,899	2%
RPK (million)	3.420	3,345	2%
Load factor	86.0 %	85.8 %	0.2 p.p.
Passengers	2,420,727	2,376,330	2%
Traffic 12-month rolling	Aug-25	Aug-24	Change
ASK (million)	37,820	34,846	9%
RPK (million)	32.263	29,598	9%
Load factor	85.3 %	84.9 %	0.4 p.p.
Passengers	23,087.215	21.920.217	5%

PASSENGER REVENUES (ESTIMATE)

August	Aug-25		Aug-24 Change
Yield - total	0.92	0.88	4 %
Unit revenue - total	0.79	0.76	4 %

OPERATING PERFORMANCE

August	Aug-25	Aug-24	Change
Regularity	99.7 %	99.5 % -	0.2 p.p.
Punctuality	81.2 %	76.5 %	4. / p.p.
CO2 per RPK	69.8 g	70.4g -	-0.9 %

OPERATING PERFORMANCE

FUEL HEDGE POSITIONS

	Volume (mt)	Price (USD/mt)
Q3 2025	161.950	731
Q4 2025	105,600	727
2026	207,600	689
2027	58,600	671

Widerøe's Flyveselskap TRAFFIC FIGURES AUGUST 2025

Load Factor

TRAFFIC DEVELOPMENT

August	Aug-25	Aug-24	Change
ASK (million)	193	194	-0.3 %
RPK (million)	150	148	1 %
Load factor	77.5 %	76.5 %	1.1 p.p.
Passengers	366.216	341.026	7%
Traffic 12-month rolling	Aug-25	Aug-24	Change
ASK (million)	2.118	2,060	3%
RPK (million)	1,562	1,454	7%
Load factor	73.7 %	70.6 %	3.2 p.p.
	4,068,131	3,621,406	12 %
Passengers

PASSENGER REVENUES (ESTIMATE)

August	Aug-25		Aug-24 Change
Yield - total	4.13	3.96	4 %
Unit revenue - total	3.21	3.03	6%

OPERATING PERFORMANCE

August	Aug-25	Aug-24	Change
Regularity	98.6 %	97.3 %	1.2 p.p.
Punctuality	91.8 %	92.7 %	-0.9 p.p.
CO2 per seat	32 kg	34 kg	-5.2 %

OPERATING PERFORMANCE

FUEL HEDGE POSITIONS

	Volume (mt)	Price (NOK/mt)
Q3 2025	10,850	8,354
Q4 2025	10,600	8.219
2026	35,100	7.778
2027	21.000	7.908
2028	9.200	7.402

ITEM	DESCRIPTION
ASK	Available seat kilometres. Number of available passenger seats multiplied by flight distance
CO2 per RPK	Amount of CO2 emissions divided by RPK
CO2 per seat	Amount of CO2 emissions divided by available seats
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 - total revenue	Passenger ticket revenue and flight related ancillary revenue divided by RPK. A measure of average revenue per kilometre. Includes compensation for PSO routes for Widerøe Flyveselskap
Unit revenue - total	Passenger ticket revenue and flight related ancillary revenue divided by ASK. A measure of average revenue per available seat kilometre. Includes compensation for PSO routes for Widerøe Flyveselskap