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Beskrivning

LandNorge
ListaOBX
SektorTjänster
IndustriFordon & Transport
Norwegian Air Shuttle bedriver flygverksamhet. Flygbolaget driver ett kortdistansnät över Norden och till viktiga europeiska destinationer. Norwegian är verksamt på den nordiska flygresemarknaden och bedriver kortdistansflyg från punkt till punkt inrikes och gränsöverskridande flygningar inom Norden och till nyckeldestinationer i Europa och närliggande länder. Företaget grundades 1993, startade sin verksamhet 2002 och har sitt huvudkontor i Fornebu, Norge.
2024-02-06 08:00:00
In January, Norwegian Air Shuttle had 1,138,621 passengers, while Widerøe had
246,326 passengers. This means that the Norwegian Group had 1,384,947 passengers
in total. Norwegian increased its load factor to 83.1 percent in January, up 5
percentage points compared to the same period last year.

"For the first time, our traffic figures include those of Widerøe, and in total,
Norwegian and Widerøe had 1.4 million passengers on board in the first month of
the year. For Norwegian, it is very positive that the load factor increased by
five percentage points compared to January last year. Demand to beach
destinations continues to perform in the high-end of our expectations with many
of our customers opting for some warmer Mediterranean weather," said Geir
Karlsen, CEO of Norwegian.

Norwegian had 1,138,621 passengers in January. The capacity (ASK) was 1,820
million seat kilometres, down 3 percent from the same period last year. Actual
passenger traffic (RPK) was 1,512 million seat kilometres. Unit revenue
including flight related ancillary revenue is estimated at NOK 0.68, up 22
percent. In January, Norwegian operated an average of 63 aircraft with a
regularity, meaning the share of scheduled flights taking place, of 99.0
percent. Punctuality was affected by the severe winter weather and the share of
flights departing within 15 minutes of scheduled time was 76.7 percent.

"Our operations during the winter season are affected by seasonal weather and
particular winter storms. I would like to give thanks to the tireless effort of
our colleagues, who have ensured that our disruptions are kept to a minimum, to
the benefit of our many customers," said Geir Karlsen, CEO of Norwegian.

For 2024, Norwegian have hedged jet fuel corresponding to approximately 50
percent of projected consumption at levels close to current forward prices.

In December, the Norwegian Competition Authority approved Norwegian's
acquisition of Widerøe, and the transaction was completed 12 January. Work has
already begun to ensure that organisations deliver on shared goals with the aim
of delivering better overall customer offerings with seamless travel and
increased travel options One example involves the changing of Norwegian's ground
handling provider to Widerøe Ground Handling, which took effect from 1 February
at many airports across Norway.

The attached report on the monthly traffic numbers now also includes numbers
from Widerøe which is attached on page two. Widerøe increased its production in
January with 4 percent compared with the same period last year, while the number
of passengers increased with 8 percent. The load factor was up 3 percentage
points.

See detailed traffic figures in the attached PDF.


For further information, please contact:
Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47
906 64 401


Fornebu, 6 February 2024
Norwegian Air Shuttle ASA


This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act. This stock exchange
announcement was published by Jesper M. Hatletveit, VP Investor Relations at
Norwegian Air Shuttle ASA, on 6 February 2024 at 08:00 CET.