Norse Remains With Record-High Load Factor

In March, Norse Atlantic Airways recorded a load factor of 95%, equaling its highest ever load factor achieved, and representing a 13-percentage point increase from 82% in the same month the year before. The load factor of own scheduled network stand-alone was 93%, compared to 79% in March 2024. The Company operated 374 flights and transported 108,710 passengers across its network and ACMI/charter operations, a 27% increase in passenger numbers compared to the same period last year. 73% of the flights departed within 15 minutes of their scheduled departure time, on par with 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 167 flights operated in March 2025 compared to 46 flights in March 2024.

Investor contacts: Anders Hall Jomaas, CFO, [email protected]