Norse Atlantic delivers strong commercial momentum and record unit revenue in March

14 Apr 2026 21:03 CEST

Arendal, Norway, 14 April 2026 - In March, Norse Atlantic Airways delivered
total unit revenue in own network (TRASK) of 6.4 US cents per available seat
kilometer, an increase of 59% compared to the same month in 2025, reflecting
strong demand and materially higher average ticket prices. Passenger growth was
14% to 124 thousand passengers across network and ACMI/Charter operations with a
load factor of 99%, up 4%-points year-over-year.

Eivind Roald, the CEO of Norse Atlantic, comments:

"Norse Atlantic delivers strong commercial momentum with record unit revenue in
March and continued passenger growth, driven by attractive routes and dedicated
teamwork across the company. Amidst the rapidly changing geopolitical situation
with a sudden unprecedented increase in the jet fuel price impacting the airline
industry, we have maintained stable operations in own network capturing strong
demand for direct long-haul flights and cargo shipments between Europe and
Asia."

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

· 99% load factor across network and ACMI/Charter operations (95%)
· 99% load factor in own scheduled network (93%)
· Total revenue per available seat kilometer in own network (TRASK) of 6.4 US
cents, up 59% from (4.0)
· 245 flights in own scheduled network (207)
· 148 ACMI/charter flights operated (167)
· 124,135 passengers transported (108,710) across network and ACMI/charter
operations, up 14% YoY
· Norse Atlantic completed 100% of scheduled flights in the Month (100%)
· 52% of flights in own network departed within 15 minutes of scheduled
departure time (73%)
· On-time performance was negatively impacted by continued Air Traffic Control
(ATC) delays, airport congestion and geopolitical turmoil as knock-on effect
from the Middle East war

Investor contact: Anders Hall Jomaas, CFO anders.jomaas@flynorse.com
Media contact: Bård Nordhagen, CCCO baard.nordhagen@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 Atlantic 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.

More information:
Access the news on Oslo Bors NewsWeb site

670607_Norse_Monthly_Passenger_Report_March_2026.pdf