Norse Remains With Record-High Load Factor

03 Apr 2025 07:00 CEST

In March, Norse Atlantic Airways recorded a load factor of 95%, equaling its
highest ever load factor achieved, and representing a 13-percentage point
increase from 82% in the same month the year before. The load factor of own
scheduled network stand-alone was 93%, compared to 79% in March 2024. The
Company operated 374 flights and transported 108,710 passengers across its
network and ACMI/charter operations, a 27% increase in passenger numbers
compared to the same period last year. 73% of the flights departed within 15
minutes of their scheduled departure time, on par with the same month last year.
On-time performance was negatively impacted by Air Traffic Control (ATC) delays
and airport congestions. ACMI/charter services saw large growth, with 167
flights operated in March 2025 compared to 46 flights in March 2024.

Investor contacts: Anders Hall Jomaas, CFO, anders.jomaas@flynorse.com

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642882_2025_March_Norse_Atlantic_Airways_Traffic_Figures.pdf