In February, Norse Atlantic Airways recorded a load factor of 95%, achieving its highest ever load factor, and representing a 23-percentage point increase from 72% in the same month the year before. The load factor of own scheduled network stand-alone was 93%, compared to 70% in February 2024. The Company operated 301 flights and transported 84,335 passengers across its network and ACMI/charter operations, a 66% increase in passenger numbers compared to the same period last year. 70% of the flights departed within 15 minutes of their scheduled departure time, compared to 84% the same month last year. On-time performance was negatively impacted by Air Traffic Control (ATC) delays and airport congestions. ACMI/charter services saw large growth, with 137 flights operated in February 2025 compared to 30 flights in February 2024.

Investor contacts: Anders Hall Jomaas, CFO, anders.jomaas@flynorse.com