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Press release -

30 per cent passenger growth for Norwegian in March

Norwegian continues its strong passenger growth. In March, 1 021 063 passengers chose to fly with Norwegian, a 30 percent increase from the same period last year. In line with the number of passengers and total production, the load factor improved by 3 percentage points.

- This month’s strong passenger growth is very satisfactory, although the figures are positively affected by the Easter holiday. More passengers choose to fly with Norwegian and our new Boeing 737-800 aircraft with higher capacity. We are also increasing the number of aircraft, the combined effect being a significant increase in capacity. The new aircraft which are being introduced to the fleet reduces our costs and thus the fares. In March alone we took delivery of four new Boeing 737-800 from Boeing in Seattle and yesterday morning our fourth direct-buy Boeing 737-800 landed in Oslo. This means that the fleet now comprises 23 aircraft of the 737-800 type in a total fleet of 51. By 2014 we will have 70 Boeing 737-800. New aircraft with more capacity is a win-win situation for our passengers, the environment and for the company’s focus on cost control, said Bjørn Kjos, Chief Executive Officer of Norwegian.

The yield is estimated at 0.55 NOK for March, down 11 per cent compared to the same month in 2009. The development partially reflects a significantly adjusted route portfolio, introduction of new aircraft with higher capacity and lower unit cost.

The cabin factor for the Group was 78 percent in March, up 3 percentage points compared to March 2009. Norwegian operated 99.6 percent of the planned flights in February, whereof 84.5 percent departed on schedule.

Please find more financial figures in the PDF attached.

Contacts:
SVP, Corporate Communications, Anne-Sissel Skånvik, phone +47 48 99 44 40
CFO, Frode Foss, phone +47 91 63 16 45.

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About Norwegian

Norwegian is the largest Norwegian airline and one of Europe’s leading low-cost carriers. The company has around 4,500 employees and offers a comprehensive route network between Nordic countries and destinations in Europe. Since 2002, more than 300 million passengers have flown with Norwegian. The most important task has been to offer affordable plane tickets to all and to offer more freedom of choice along the journey.

Norwegian is a driving force for sustainable solutions and the transformation of the aviation industry. The company’s goal is to reduce its CO2 emissions by 45 percent within 2030. To this means, the company is renewing its fleet, promoting sustainable aviation fuel, reducing its waste, and using wind and weather data to calculate the most efficient fuel-saving flights routes. Norwegian wants to become the sustainable choice for its passengers.

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Marketing/sponsorhip requests: marketing@norwegian.com

Marketing/sponsorhip requests: marketing@norwegian.com

Press contact Marketing/sponsorship requests: marketing@norwegian.com

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Norwegian.com

Norwegian is the largest Norwegian airline and one of Europe’s leading low-cost carriers. The company has around 4,500 employees and offers a comprehensive route network between Nordic countries and destinations in Europe. Since 2002, more than 300 million passengers have flown with Norwegian. The most important task has been to offer affordable plane tickets to all and to offer more freedom of choice along the journey.

Norwegian is a driving force for sustainable solutions and the transformation of the aviation industry. The company’s goal is to reduce its CO2 emissions by 45 percent within 2030. To this means, the company is renewing its fleet, promoting sustainable aviation fuel, reducing its waste, and using wind and weather data to calculate the most efficient fuel-saving flights routes. Norwegian wants to become the sustainable choice for its passengers.

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