In September, Norse Atlantic Airways demonstrated a strong operational
performance as the airline transitioned toward the end of the summer season. The
month saw an average load factor of 78 per cent, representing an increase of 22
percentage points (p.p.) year on year. During September, Norse Atlantic Airways
had 132,556 passengers across 503 flights, 80 per cent of flights arrived within
15 minutes of their scheduled arrival time. In addition, Norse Atlantic Airways
operated 5 ACMI/charters during the month.
"We have seen continued strong demand at the beginning of the month, as expected
this has begun to soften towards the end of September in certain markets as we
transition to our winter schedule. We have already successfully completed five
ACMI/charters in September and this will continue to grow throughout the winter
contributing a positive revenue stream for the company as we optimise the use of
our fleet in the most efficient way during this period.
At the beginning of the month we announced our new Paris to Los Angeles route
that will operate from May 2024. We have also extended the availability of our
flights across our summer network through to October 2024, allowing customers to
plan their travel for the year ahead and avail of the best prices available,"
said Bjorn Tore Larsen, CEO and Founder of Norse Atlantic Airways.
Key traffic figures for September are attached.
Contacts:
Investors: CFO, Anders Jomaas, Anders.Jomaas@flynorse.com
Media: SVP Communications, Philip Allport, philip.allport@flynorse.com
Norse Atlantic Airways is an airline that offers affordable fares on long-haul
flights, primarily between Europe and the United States. The company was founded
by CEO and major shareholder Bjørn Tore Larsen in March 2021. Norse has a fleet
of 15 modern, fuel-efficient and more environmentally friendly Boeing 787
Dreamliners that serve destinations including New York, Los Angeles, Orlando,
Boston, Washington, San Francisco, Boston, Jamaica, Barbados, Bangkok, Miami,
Oslo, London, Berlin, Rome and Paris. The company's first flight took off from
Oslo to New York on June 14, 2022.