08 Jul 2026 07:01 CEST

Issuer

Norse Atlantic ASA

Arendal, Norway, 8 July 2026,

In June, Norse Atlantic Airways ("Norse" or "the Company") delivered an all-time
-high total unit revenue in own network (TRASK) of 7.0 US cents per available
seat kilometer, an increase of 20% compared to the same month in 2025. Due to
consistently high fuel prices, Norse continued to optimize route planning to
save cost with total available capacity down 30% year-over-year. The Norse
product remains attractive with a total load factor exceeding 98%, in line with
the year-ago period.

Eivind Roald, the CEO of Norse, comments:

"Norse delivered record unit revenue in June, reflecting our attractive product
and strong demand for direct transatlantic routes with solid load factor and
higher average fares in our own network. ACMI/charter utilization also remained
high, underscoring the strength of our balanced business model.

With fuel prices trending downward and strong demand for our product, we see an
opportunity to increase capacity in the coming months, and we will, from August,
consider adding more capacity to our US network. Our 'Airline on Demand'
strategy, which enables us to adapt quickly and capitalise on opportunities, has
been highly successful in bringing Norwegian football fans to the US to support
Norway in the World Cup."

(June traffic figures. Comparable figures for year-ago period shown in
brackets)

· 98.1% load factor across network and ACMI/Charter operations (98.6%)
· Total revenue per available seat kilometer in own network (TRASK) of 7.0 US
cents, up 20% from 5.8 US cents
· 231 flights in own scheduled network (589)
· 249 ACMI/charter flights operated (59)
· 125,015 passengers transported (214,419) across network and ACMI/charter
operations, down 42% YoY
· Norse completed 100% of scheduled flights in the Month (100%)
· 81% of flights in own network departed within 15 minutes of scheduled
departure time (70%)
· On-time performance was negatively impacted by continued Air Traffic Control
(ATC) delays, airport congestion and travel disruptions as a knock-on effect
from the Middle East conflict

Investor and media contact: Anders Hall Jomaas, CFO, anders.jomaas@flynorse.com


About Norse Atlantic ASA

Norse Atlantic Airways is an airline committed to offering affordable fares on
direct, long-haul flights to popular destinations, along with specialized
charter and ACMI services for tailored travel needs and extensive cargo
operations. Norse operates a modern fleet of 12 fuel-efficient Boeing 787
Dreamliners, serving a network of destinations across North America, Europe,
Africa and Asia.

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


677794_Norse_Monthly_Passenger_Report_June_2026.pdf

Source

Norse Atlantic ASA

Provider

Oslo Børs Newspoint

Company Name

NORSE ATLANTIC ASA

ISIN

NO0012885252

Symbol

NORSE

Market

Euronext Expand