Norse Atlantic Airways

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All time high for Norse Atlantic in August Norse Atlantic sets new records in August with highest load factor, passenger numbers and cargo volume carried to date. The month saw an average load factor of 87 per cent, representing an increase of one percentage point (p.p.) year on year. During August, Norse Atlantic had 191,291 passengers, representing an increase of 26 per cent across 661 flights compared to a year earlier, including 11 charters operated during the month. Norse Atlantic completed 100 per cent of scheduled flights in the month, while 78 per cent of flights arrived within 15 minutes of their scheduled arrival time. “August has been a truly record-breaking month for Norse Atlantic, with our highest-ever load factor, passenger numbers, and cargo volume carried since our inception. These achievements are a powerful testament to our value for money proposition and the dedication of our entire team. Additionally, by the end of the month of August the airline had already sold more segments in 2024 than across the entire year of 2023,” said Bjorn Tore Larsen, CEO and Founder Norse Atlantic. Key traffic figures for August are attached.

Norse Atlantic ASA: Q2 2024 Strong year-on-year passenger growth and reduced unit costs • Revenue increased by 65% to USD 164.8 million • 406,306 passengers carried in Q2 2024, up 99% • Load factor increased by seven percentage points to 82% • Revenue of USD 380 per passengers during quarter, compared to USD 425 in Q2 2023 • Continued revenue growth from ACMI and charter • Number of flights operated during quarter was 1,531, up 89% • Strong operational performance as 99.5% of planned flights were completed during the quarter • Lower unit cost with CASK ex fuel being down 35% • Total cash held at end of quarter was USD 23.7 million • Revising business strategy, aiming to secure long-term charters and significant cost reductions • Improved credit card terms secured post quarter-end • Expect to be available on GDS in 2024 To view the full press release, click the following link: https://lnkd.in/dXJyeyQZ A live presentation of our Q2 2024 report will take place on Wednesday, August 28th, at 09:00 AM CET. You can watch it live via the link below: https://lnkd.in/dzwcqFib

Forging new relationships in Cape Town! ✈   It was our absolute pleasure to team up with Wesgro Cape Town Air Access to host a special Norse Atlantic Trade Partner Workshop in beautiful Cape Town last week, as we prepare for the launch our new 3-weekly direct service between London Gatwick and Cape Town, from 28 October 2024. This interactive event gave us the chance to meet key trade contacts, exchange news and opportunities and of course, lay down the foundations for some excellent and long-lasting partnerships. We’re thrilled to build these relationships further as we get closer to our first flights. #flynorse #CapeTownAirAccess Andrew Fish Fabio Maran Vishal Aggarwal, MBA

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Norse Atlantic Reports Load Factor Of 83 Per Cent In July The month saw an average load factor of 83 per cent, representing a decrease of two percentage points (p.p.) year on year. During July, Norse Atlantic Airways had 176,934 passengers, representing an increase of 17 per cent across 639 flights compared to a year earlier, including nine charters operated during the month. 73 per cent of flights arrived within 15 minutes of their scheduled arrival time with a completion rate of 98 per cent. “Load factor in July was adversely impacted by both the Olympic games and the Crowdstrike IT global outage. However, we have seen positive forward bookings trends for August in general as demand for summer travel is later compared to the same period a year earlier. Norse Atlantic passengers experienced some cancellations as a direct result of the Crowdstrike IT incident and I would to thank our passengers for their patience during this extraordinary event. I am pleased to report that despite the traditionally more challenging operational environment during the summer months we have continued to improve our year-on-year punctuality performance.,” said Bjorn Tore Larsen, CEO and Founder Norse Atlantic Airways. Key traffic figures for July are attached.

Another First For Norse!   We are proud to announce the successful completion last Saturday of a landmark flight between Norway and Darwin, Australia, chartered by Albastar S.A. and brokered by Aircontact, Scandinavia’s largest and leading air broker firm.   This milestone marks the first time that a nonstop flight from Norway to Australia has taken place and highlights the efficiency of the state-of-the-art Boeing 787-9 Dreamliner and the operational excellence of the Norse Atlantic charter and operations team.   The flight took off at 0630 am on Saturday 3rd August from Oslo Gardermoen Airport and landed at Darwin International Airport 0600 am on Sunday 4th August, the non-stop flight covered approximately 14,730 kilometres with a flight time of 16.5 hours.   “Completing this charter flight between Norway and Darwin, a first in aviation, is a testament to our commitment to consistently delivering excellent service to our charter clients. The Boeing 787-9 Dreamliner is the perfect aircraft for ultra long distance flying and we are proud to demonstrate its capabilities on this historic route,” said Mette Birkedahl, Director Charter and ACMI Norse Atlantic Airways.   This achievement underscores Norse Atlantic Airways’ dedication to expanding its global reach and providing exceptional service to its customers while continuing to explore new charter opportunities that leverage the strengths of its modern fleet.   A big thank you to the many colleagues from across the business that made this flight such a success. For more information on Norse Atlantic Airways please visit www.flynorse.com, for charter and ACMI enquiries please contact [email protected] Aircraft images credit: Seacandyimages #aviation #Dreamliner #flynorse #aviationfirst #aviationmilestone

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