In November, Norwegian had 1.4 million passengers, an increase of 37 percent
compared to November last year. The load factor was 79.5 percent and routes to
beach destinations in Southern Europe were particularly popular with a load
factor of close to 90 percent from Norway.  

"We are satisfied with this month's traffic numbers and associated top-line, and
glad to see that a total of 1.4 million passengers chose to travel with us.
While we are now in the low-season, demand for air travel continues to be
persistent, particularly to our many popular beach destinations. In November,
the load factor on routes to sunnier destinations was close to 90 percent from
Norway. I am particularly delighted about this month's punctuality, proving to
be the best so far this year and a result of the efforts of our many dedicated
colleagues who are doing their utmost to serve our customers every day," said
Geir Karlsen, CEO of Norwegian.

Norwegian had 1,374,828 passengers in November, up 37 percent from November last
year. The load factor in November was 79.5 percent. The capacity (ASK) was 2,122
million seat kilometres, while actual passenger traffic (RPK) was 1,686 million
seat kilometres. Unit revenue (RASK) is estimated at NOK 0.49, while unit
revenue including flight related ancillary revenue is estimated at NOK 0.59. In
November, Norwegian operated an average of 64 aircraft and 99.7 percent of the
scheduled flights were completed. Punctuality, as measured by the number of
flights departing within 15 minutes of scheduled time, was at 90.3 percent in
November.

Continued solid demand for air travel
"We are well positioned to respond to seasonal variations. We have adjusted our
capacity to meet the lower demand during the winter season and have hedged a
total of 15 percent of our estimated fuel consumption for 2023. Looking ahead,
we continue to see a pent-up demand for air travel, especially to sunny beach
destinations. We recently launched several new routes to destinations across
Europe, and we are eager to welcome both passengers and new colleagues during
what we expect to be a busy summer of 2023," said Karlsen.

Norwegian is Norway's largest airline and one of Europe's leading low-cost
carriers. Norwegian has 4,000 employees and is increasing its staff with
additionally 750 employees across the company's bases in the Nordics and in
Europe for the summer of 2023. For the summer of 2023, Norwegian plans for a
fleet increasing to 85 aircraft. This will allow Norwegian to offer more
departures on the most popular routes, giving the customers even more
flexibility as they plan their travels. Norwegian currently has 239 routes for
sale in the summer period, running from March to October 2023.

See detailed traffic figures in the attached PDF.


For further information, please contact: 
Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47
906 64 401


Fornebu, 6 December 2022
Norwegian Air Shuttle ASA


This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act. This stock exchange
announcement was published by Jesper M. Hatletveit, VP Investor Relations at
Norwegian Air Shuttle ASA, on 6 December 2022 at 08:00 CEST.