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

05 Sep 2024 08:00 CEST

In August, Norwegian had 2,369,469 passengers while Widerøe had 340,955
passengers, totalling 2,710,424 for the group. The positive trend continues with
a passenger growth of 10 percent from August last year. Norwegian’s load factor
was slightly up in a month that had a capacity increase of 11 percent compared
to the same period last year.

“I am pleased that we continued the positive trend from July to August. We had a
significant increase in capacity year on year, while at the same time improving
both the load factor and the yields from August 2023. I would also like to thank
our dedicated colleagues for all the hard work they have been putting in
throughout the summer,” said Geir Karlsen, CEO of Norwegian.

Norwegian’s capacity (ASK) was 3,899 million seat kilometres, up 11 percent from
the same period last year. Actual passenger traffic (RPK) was 3,341 million seat
kilometres, an increase of 11 percent from August 2023. Load factor increased by
0.4 percentage points from the same period last year, to 85.7 percent. In
August, 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 76.5 percent, down 5.9
percentage points from August last year. However, 95.9 percent of all flights
arrived within 60 minutes of scheduled arrival time. Norwegian operated an
average of 86 aircraft in August.

Positive booking momentum

Norwegian is also reporting good booking momentum into the autumn and winter
seasons. The launch of several new and exciting routes, in addition to an
already extensive network, suggests a busy autumn season lies ahead for
Norwegian.

“Norwegian’s autumn sales campaign was well received by our customers. We are
excited to see the pace of bookings continuing into the autumn and winter
seasons across a good mix of traditionally popular routes and new destinations.
The autumn school holiday weeks are beginning to look quite busy with many
popular destinations filling up rather quickly,” said Geir Karlsen.

Widerøe had a strong performance in August with an 8 percent increase in
passengers. The regional airline also reports solid booking momentum for the
coming months across their entire network.

For Widerøe, the capacity (ASK) in August was 194 million seat kilometres. The
actual passenger traffic (RPK) was 148 million seat kilometres, while the load
factor was 76.5 percent, up 3.9 percentage points from August last year.

See detailed traffic figures in the attached PDF.


For further information, please contact:
Hans-Jørgen Wibstad, CFO at Norwegian, Tel: +47 916 89 661


Fornebu, 5 September 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 5 September 2024 at 08:00 CEST.

More information:
Access the news on Oslo Bors NewsWeb site

627046_Traffic report August 2024.pdf