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Pörssitiedote

Norwegian Air Shuttle ASA (NAS) - Positive Profit Warning

Norwegian Air Shuttle
Reference is made to Norwegian's results announcement for third quarter of 2023
on 2 November 2023, in which the company provided a results outlook forecasting
an operating profit (EBIT) of NOK 1.8 to 2.0 billion for the full-year of 2023
and a unit cost excluding fuel of NOK 0.47 to 0.48 per available seat kilometre
(ASK).

Norwegian is now forecasting operating profit (EBIT) for the full-year of 2023
of approximately NOK 2.2 billion and a unit cost excl. fuel of approximately NOK
0.48. The improvement in the results outlook is predominately an effect of
stronger than anticipated traffic demand in November and December of 2023, the
settlement of a trademark dispute with Bank Norwegian as announced on 7 November
2023 and compensation related to aircraft delivery delays. Favourable
development in the price of jet fuel and foreign exchange rates have also had a
positive impact on the results outlook.

The company will publish its results for the fourth quarter and full-year 2023
on Friday 16 February 2024.


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


Fornebu, 24 January 2024
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 24 January 2024 at 08:30 CET.
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