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Aircraft Financing

Press release   •   Dec 23, 2011 10:12 GMT

Norwegian Air Shuttle ASA has arranged and closed financing facilities in the amount of NOK 600 million for pre-delivery payment (PDP) financing. The facilities cover PDP financing for aircraft delivering in the current 2012 - 2014 financial planning time horizon.

These facilities are part of Norwegian’s continuously ongoing financing activities for a total of 55 new Boeing 737-800W aircraft delivering in the period from 2012 to 2018.

For further information please contact:

Frode Foss (CFO) +47 916 31 645

Karl Peter Gombrii (IR) +47 928 22 969

Norwegian Air Shuttle ASA, commercially branded “Norwegian,” is a public low-cost airline noted on the Oslo Stock Exchange. The company is the second largest airline in Scandinavia, and has a route portfolio that stretches across Europe into North Africa and the Middle East. With competitive prices and customer friendly solutions and service, the company has experienced significant growth over the previous years. With more than 13 million passengers in 2010, Norwegian is the 3rd largest low-cost airline in Europe. Norwegian currently operates 61 aircraft on 297 routes to more than 100 destinations and employs approximately 2 500 people.