Norwegian Air Shuttle ASA (NAS) - Traffic Figures for May 2024

06 Jun 2024 08:00 CEST

In May, Norwegian had 2,138,484 passengers, while Widerøe had 333,492
passengers, totalling 2,472,976 for the group. Capacity for Norwegian was up 19
percent compared to May last year, while the load factor was down 2 percentage
points to 82 percent. The airline operated an average of 84 aircraft this month,
as the summer programme is approaching cruising speed. For Norwegian, May also
brought a solid 12 percent increase in passengers compared to last year.

“I’m satisfied with the passenger numbers in May. About 650,000 of our
passengers travelled to southern Europe destinations in May. The average flying
distance increased 7 percent, demonstrating our significant capacity growth to
beach destinations. Our capacity has been significantly increased overall for
the summer season, and we look forward to welcoming even more passengers through
the busy summer holidays,” said Geir Karlsen, CEO of Norwegian.

The capacity (ASK) was 3,466 million seat kilometres, up 19 percent from the
same period last year. Actual passenger traffic (RPK) was 2,843 seat kilometres,
an increase of 16 percent from May 2023. Unit revenue including flight related
ancillary revenue is estimated at NOK 0.70, down 5 percent from the same period
last year. In May, Norwegian operated with a regularity, meaning share of
scheduled flights taking place, of 99.5 percent. The punctuality, meaning share
of flights departing within 15 minutes of scheduled time, was 86.1 percent, up
1.2 percentage points from May last year.

Widerøe delivering good numbers

Widerøe’s results in May show an increase almost across the board. While the
airline keeps similar capacity as previous months, and identical to May last
year, they have flown over 10 percent more passengers this year.

“I am very pleased to see Widerøe continuing to deliver good results. The load
factor increased an impressive 7 percent, with the majority of the improvement
coming on the commercial network. I want to thank the Widerøe team for the great
work they are doing”, said Geir Karlsen, CEO of Norwegian.

For Widerøe the capacity (ASK) in May remained unchanged at 179 million seat
kilometres. The actual passenger traffic (RPK) was 124 million seat kilometres,
an increase of 10 percent from May last year. Load factor ended at 69.4 percent.

See detailed traffic figures in the attached PDF.


For further information, please contact:
Jesper M. Hatletveit, Investor Relations at Norwegian, Tel: +47 906 64 401


Fornebu, 6 June 2024
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 Jesper M. Hatletveit, VP Investor Relations at
Norwegian Air Shuttle ASA, on 6 June 2024 at 08:00 CEST.

More information:
Access the news on Oslo Bors NewsWeb site

620782_Traffic report May 2024.pdf