Norse Atlantic Remains Steady at Record-High Load Factor

06 May 2025 07:00 CEST

Arendal, Norway, 6 May 2025 - In April, Norse Atlantic Airways remained at a
record-high 95% load factor, an increase of 16%-points compared to April 2024.
The load factor in own scheduled network also was the highest ever at 95%, a YoY
increase of 19%-points.

(Comparable figures for the same month the previous year shown in brackets)

· 95% load factor across own network and ACMI/Charter operations (79%)
· 95% load factor in own scheduled network (76%)
· 433 flights in own scheduled network (337)
· 66 ACMI/charter flights operated (61)
· 155,813 passengers transported (98,542) across own network and ACMI/charter
operations, up 58% YoY
· 71% of the flights departed within 15 minutes of their scheduled departure
time (81%)
· On-time performance was negatively impacted by Air Traffic Control (ATC)
delays and airport congestions

Bjørn Tore Larsen, CEO, Founder and major shareholder of Norse Atlantic,
comments:

"I'm pleased that for the third consecutive month we reached a record-high 95%
load factor across our own scheduled network and chartered flights. We have a
good momentum into the upcoming busy summer months, where we will continue to
deliver our affordable, value for money product to our customers worldwide."

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

This information is subject to disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

645343_2025_April_Norse_Atlantic_Airways_Traffic_Figures.pdf