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Regulatory press release

Norwegian Air Shuttle ASA (NAS) - Norwegian to lease ten new Boeing 737 MAX 8 aircraft

Norwegian Air Shuttle
Norwegian continues to expand its aircraft fleet and has entered into agreements
with AerCap to lease aircraft, of which ten are new Boeing 737 MAX 8, to be
delivered in the first half of 2023.

Norwegian has a long-standing relationship with AerCap, the world's largest
aviation leasing company. The signed lease agreements also include eight Boeing
737-800 NG, which are part of the 70 aircraft fleet operational for the summer
2022 season. With these additions, Norwegian will have a total fleet of 80
aircraft by the summer of 2023.

"The addition of these aircraft will help us achieving our target of building a
larger, modern and more fuel-efficient fleet. This will in turn enable us to
deliver our products and services in a wide network of routes in the Nordics and
to European destinations," said Geir Karlsen, CEO of Norwegian.

The Boeing 737 MAX 8 is approximately 14 percent more fuel efficient compared to
previous-generation aircraft, hence contributing to Norwegian's ambitious target
to reduce its carbon emissions by 45 percent by 2030, compared to 2010.

Norwegian has previously announced several lease agreements that will increase
its fleet from the current 51 aircraft to this summer's fleet of 70. For some of
the aircraft under these agreements, Norwegian has the option to substitute
certain aircraft with equivalent narrow-body models from Airbus.


Fornebu, 28 February 2022
Norwegian Air Shuttle ASA


This release is an announcement issued pursuant to legal information obligations
and is subject of the disclosure requirements pursuant to the Market Abuse
Regulation (MAR) Article 17 no. 1 and section 5-12 of the Norwegian Securities
Trading Act, and was prepared by Jesper M. Hatletveit, Investor Relations at
Norwegian Air Shuttle ASA, tel. +47 906 64 401.
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