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Norwegian reports passenger record in May

Norwegian reports the highest passenger number ever in May. Close to 1.2 million passengers flew with the airline last month. The traffic figures show that air travel is back to normal after European Authorities closed major parts of European airspace in April. The company had a passenger growth of 25 percent compared to May 2009.

As many as 1,185,373 passengers travelled with Norwegian in May, the highest number of passengers the company has ever reported in a single month. Norwegian also experienced a significant growth in May last year. A 25 percent growth compared to strong figures last year is therefore very pleasing, particularly taking into consideration that May this year had more public holidays which normally reduce travel activity on business destinations. The ASK growth was 38 percent and the load factor was 77 percent, the same as May 2009.

”April was an extremely challenging month for Norwegian due to the Authorities’ closing of European airspace. I am very satisfied to note the positive momentum which the company is in, particularly the substantial passenger growth. Given the fact the we have larger aircraft with more seats, it is also positive that we are able to maintain the same load factor as last year, said Bjørn Kjos, Chief Executive Officer of Norwegian.

Only six flights were cancelled due to volcanic ash in May, while 2,000 were cancelled in April.

In May the yield is estimated at 0.51 NOK, down 14 percent compared to May 2009. The development partially reflects a significantly adjusted route portfolio and the introduction of 12 new Boeing 737-800 aircraft with higher capacity and lower unit cost since May last year.

The company operated 99.7 percent of its scheduled flights in May, of which 88.2 percent departed on time.

Please find more financial figures in the attached PDF.

Contacts:
SVP, Corporate Communications, Anne-Sissel Skånvik, phone +47 48 99 44 40
CFO, Frode Foss, phone +47 91 63 16 45.

Subjects


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 10.7 million passengers in 2009, Norwegian is the 4th largest low-cost airline in Europe. The turnover in 2009 was in excess of NOK 7.3 billion. Norwegian currently operates 52 aircraft on 230 routes to 91 destinations and employes approximately 2 000 people.

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Norwegian was founded in 1993 but began operating as a low-cost carrier with Boeing 737 aircraft in 2002. Since then, our mission has been to offer affordable fares for all and to allow customers to travel the smart way by offering value and choice throughout their journey.

Norwegian has been voted Europe’s Best Low-Cost airline by Skytrax for six consecutive years and won Airline Program of the Year Europe & Africa at the Freddie Awards for four consecutive years. Since 2012, Norwegian has won over 55 awards for our service, product, and innovation in the industry.

We were the first airline in the world to join the UN Climate Secretariat’s climate action-initiative in 2019, pledging to work systematically to become carbon neutral by 2050.

Norwegian operates a short haul network across the Nordics and to key European destinations providing customers with excellent quality at affordable fares.

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