89% load factor in September breaks all previous records

07 Oct 2024 08:00 CEST

Norse Atlantic set another record in September with the highest recorded load
factor in the company's history.The month saw an average load factor of 89 per
cent, representing an increase of 11 percentage point (p.p.) year on year.
During September, Norse Atlantic had 146,688 passengers, representing an
increase of nine per cent across 513 flights compared to a year earlier,
including 29 charters operated during the month. Norse Atlantic completed 100
per cent of scheduled flights in the month, while 81 per cent of flights arrived
within 15 minutes of their scheduled arrival time.

"We are delighted to mark another record month for the airline with 89 per cent
load factor being the highest in our history. Having begun to reduce our own
network flying in line with seasonality I am pleased to highlight that our
charter operations have in turn increased this month and will continue to do so.

In September, Norse Atlantic celebrated having sold more than two million
tickets since the company's inception in 2022. Furthermore, we have released for
sale the final flights in our summer 2025 season going up to the end of October,
allowing customers to book ahead and take advantage of our great value fares,"
said Bjorn Tore Larsen, CEO and Founder Norse Atlantic.

Key traffic figures for September are attached.

Contacts:

Investors: CFO, Anders Hall Jomaas, Anders.Jomaas@flynorse.com

Media: SVP Communications, Philip Allport, philip.allport@flynorse.com

Norse Atlantic is an airline that offers affordable fares on long-haul flights,
primarily between Europe and the United States. The company was founded by CEO
and major shareholder Bjørn Tore Larsen in March 2021. Norse has a fleet of 15
modern, fuel-efficient and more environmentally friendly Boeing 787 Dreamliners
that serve destinations including New York, Las Vegas, Los Angeles, Orlando,
Miami, Cape Town, Bangkok, Oslo, Athens, London, Berlin, Rome and Paris. The
company's first flight took off from Oslo to New York on June 14, 2022.

More information:
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629100_September_Norse_Atlantic_Airways_Traffic_Figures.pdf