In March, Norwegian had 1,544,289 passengers, while Widerøe had 276,413
passengers, totalling 1,820,702 for the group. The load factor for Norwegian
increased to 85 percent, up 4 percentage points compared to March last year.
Norwegian recorded a strong regularity of 99.6 percent in March, while on-time
performance also improved compared to previous months.

"We are delighted to publish strong traffic figures yet again, this month got an
extra boost thanks to the early Easter holiday. The high regularity we had in
March reflects the great work all our colleagues do every day to make sure our
customers can trust Norwegian for all their travels. This is especially
important over Easter with so many customers having planned their vacation
trips, and I am proud to say that we had zero cancellations for all our
international flights. We are now looking ahead to the next vacation season and
are this week kicking off with a "Spring Sale" campaign. The booking trends for
the summer season are beginning to look very good, but we naturally anticipate a
weaker April as a result of the Easter holiday coming early this year," said
Geir Karlsen, CEO of Norwegian.

Norwegian had 1,544,289 passengers in March. The capacity (ASK) was 2,441
million seat kilometres, up 4 percent from the same period last year. Actual
passenger traffic (RPK) was 2,075 million seat kilometres. Unit revenue
including flight related ancillary revenue is estimated at NOK 0.78, up 19
percent. In March, Norwegian operated an average of 73 aircraft with a
regularity, meaning the share of scheduled flights taking place, of 99.6
percent. The punctuality, which is the share of flights departing within 15
minutes of scheduled time, was 86.7 percent, up 6 percentage points from March
2023.

Carbon emissions reducing

During March, CO2 emissions per actual passenger kilometre (grams of CO2 per
RPK), was reduced by 10 percent compared to the same period last year. In total
this amounts to a reduction of about 250,000 passenger round-trips from Oslo to
Bergen. 

"We are very pleased to see that our work to reduce carbon emissions is paying
off. The newer fleet contributes to this, in combination with better planning
resulting in higher a load factor. In addition, we are continuously working on
optimising our flight patterns with the help of advanced digital tools, to
further reduce fuel consumption. We have set an ambitious target of cutting
emissions by 45 percent by 2030, and we believe that our combination of fleet
renewal, operational efficiency and the use of sustainable aviation fuels (SAF)
is the way to reach these targets," said Geir Karlsen, CEO of Norwegian.

Widerøe had 276,413 passengers this month, while the load factor increased by 6
percentage points to 70 percent. This month also saw a marked improvement in
operating performance with improving regularity and a strong punctuality of 89
percent.  

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, 5 April 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 5 April 2024 at 08:00 CET.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange