Norse Atlantic Asa · OSL:NORSE
Norse Atlantic Asa — Norse Atlantic Airways — Sparebank 1 Markets (December 2021)
9 slides from Norse Atlantic Asa's conference presentation, Dec 1, 2021
Slide 1: Introducing Norse Atlantic Airways @ Sparebank 1 Markets
Introducing Norse Atlantic Airways @ Sparebank 1 Markets December 1, 2021 CEO Bjørn Tore Larsen
Slide 2: Great welcome!
Great welcome! E24] =r SunSentinel Norse Atlantic klappes inn iUSA- New airline to offer discount flights from Fort Lauderdale to Paris, sgknad: - Tar vi vare pa vare ansatte, vil vare ansatte ta vare pa selskapet London and Oslo E24 | - Pilotrush til Norse Atlan’ over 2.300 soknader pa én uke Nykom
Slide 3: We are building a lean team with a strong people and customer-oriented culture
50 Norway We are building a lean team 20 UK with a strong people and customer-oriented culture 5 USA
Slide 4: Teamwork is key: "If we take care of our people, our people will take care of the company"
Teamwork is key: “If we take care of our people, our people will take care of the company” ”Flight attendant union signs agreement for 700 jobs with Norse Atlantic” “This is what respect for workers and our unions looks like” - AFA President Sara Nelson
Slide 5: Our fleet
Our fleet We have competitive long term leases for 15 Boeing 787 Dreamliners, the most efficient, environmentally friendly and comfortable aircraft in the skies. Lowest carbon emissions per passenger.
Slide 6: Destinations
Destinations We will offer affordable point-to-point services on popular routes between Europe and the U.S.
Slide 7: Flexibility is key to our business model
Flexibility is key to our business model ● Norse is taking a careful and planned approach to start-up based on demand. ● Our plan reflects the uncertainties associated with new COVID developments and travel restrictions. ● Norway AOC on track and expected to be issued by year-end. ● First flight exp
Slide 8: Resilient financing approach allows for patience
Resilient financing approach allows for patience ● Current cash balance in excess of USD 135 million. ● No debt in the company or other major obligations other than leases with flexible “power by the hour” payment structure at outset. ● Cash burn is on track and consistent with our guidance during o
Slide 9: www.flynorse.com
www.flynorse.com
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