Norwegian Air Shuttle ASA

05/05/2022 | Press release | Distributed by Public on 05/05/2022 00:09

Norwegian Air Shuttle ASA (NAS) - Traffic Figures for April 2022

Norwegian Air Shuttle ASA (NAS) - Traffic Figures for April 2022

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05 May 2022 08:00 CEST

Company Name

NORWEGIAN AIR SHUTTLE, Norwegi ASA 21/PERP FRN FLOOR C SUB CONV, Norwegian Air Shuttle ASA 21/26 ADJ C, Norwegian A ASA 21/PERP ADJ FLOOR C CONV, Norwegian Air Shuttle ASA 21/26 0pct

ISN

NO0010196140, NO0010996440, NO0010996390, NO0010996432, NO0011157356, NO0010996457, NO0011157331

Market

Oslo Børs

Symbol

NAS

Norwegian's traffic figures for April showed that Norwegian had 1.4 million
passengers, approximately 50 percent more than the previous month.

"1.4 million passengers chose to fly with Norwegian in April. This is more than
a doubling from two months ago, and I am pleased to see that the demand for air
travel continues to grow. In a short period of time, we have increased capacity
substantially, and at the same time we have improved our earnings," said Geir
Karlsen, CEO of Norwegian.

Norwegian initiated the summer traffic programme by late March, and the
production in April was more than 50 percent higher compared to March. Even
though the number of new routes launched, the load factor remained high. Despite
punctuality being slightly affected by capacity issues at several airports,
Norwegian completed more than 99 percent of all scheduled flights. The booking
figures for the summer are very positive and the company sees an increasing
number of corporate travellers that wish to travel with Norwegian.

Norwegian had 1,400,396 passengers in April, compared with 59,431 in April 2021.
The load factor was 78.7 percent. The capacity (ASK) was 2,242 million seat
kilometres, while actual passenger traffic (RPK) was 1,764 million seat
kilometres. Unit revenue (RASK) is estimated at NOK 0.50, while unit revenue
including flight related ancillary revenue is estimated at NOK 0.60. In April,
Norwegian operated an average of 60 aircraft, and 99.3 of the scheduled flights
were completed. Punctuality was 82.6 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 May 2022
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 May 2022 at 08:00 CEST.

More information:
Access the news on Oslo Bors NewsWeb site

561178_Traffic report April 2022.pdf

Source

Norwegian Air Shuttle ASA

Provider

Oslo Børs Newspoint