Norse Atlantic with All-Time-High Load Factor of 99%

03 Jul 2025 07:00 CEST

Arendal, Norway, 3 July 2025 - In June, Norse Atlantic Airways recorded a load
factor of 99% across network and ACMI/charter operations. This is the highest
load factor ever achieved by the company, 3%-points higher than the previous May
2025 record and 14%-points higher than June 2024. The load factor in own
scheduled network was also 99%, 3%-points up from May 2025 and up 14%-points
year-on-year.

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

· 99% load factor across network and ACMI/Charter operations (85%)
· 99% load factor in scheduled network (85%)
· 589 flights in scheduled network (620)
· 59 ACMI/charter flights operated (0)
· 214,419 passengers transported (178,042) across network and ACMI/charter
operations, up 20% YoY and the highest level ever
· 70% of the flights departed within 15 minutes of their scheduled departure
time (80%)
· On-time performance negatively impacted by continued Air Traffic Control
(ATC) delays and airport congestions

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

"Norse Atlantic Airways continues to deliver a world-leading load factor and
significant passenger growth. We maintain our good momentum into the 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

650602_2025_June_Norse_Atlantic_Airways_Traffic_Figures.pdf