Norwegian Air Shuttle Asa · OSL:NAS
Norwegian Air Shuttle Asa — Investor Presentation (March 2023)
13 slides from Norwegian Air Shuttle Asa's investor presentation, March 2023
Slide 1: Norwegian Air Shuttle – Investor Presentation March 2023
Norwegian Air Shuttle – Investor Presentation March 2023
Slide 2: Leading Nordic airline - proven, profitable routes
Leading Nordic airline - proven, profitable routes Leading Nordic brand Norwegian Reward Summer schedule – close to 300 routes Market position* Nordic members 5.1 million Norway 2.1m #1 #2 Sweden 1.5m Denmark 800k 8.3 million Finland 700k #2 #2 ROW 3.2m Trusted and well known brand across Relaunchin
Slide 3: Looking back to 2022
Looking back to 2022 Year of normalisation for Norwegian Number of passengers – operating result (EBIT) NOK 1,502 million – underlying result negatively impacted by high fuel cost and currency 17.84 million – cash position NOK 7.8 billion at year-end – reduced hold-back from acquirers – placed attra
Slide 4: Ramping up after reduced winter capacity
Ramping up after reduced winter capacity 2,2 00 Traffic – PAX per month, load factor and yield 100 .0% 2,002 Seasonally lower demand 1,887 – shifting from quieter winter trading 2,0 00 1,874 86% 86% to summer season 90. 0% 85% 84% – strong February traffic 1,8 00 1,6 00 0.84 79% 78% 78% 80. 0% – sum
Slide 5: Strong booking momentum
Strong booking momentum 7-day rolling sales figures (abs) – All markets* Strong momentum through Q1 Diversified bookings across travels months for domestic, beach and city destinations Booking momentum stable after new year’s sales campaign Booked fares significantly above previous years – avg. July
Slide 6: The way forward
The way forward
Slide 7: Securing modern fleet for summer and beyond
Securing modern fleet for summer and beyond Securing fleet for summer 2023 ramp-up Secured six 737 MAX 8 with ALC – entering fleet in coming weeks Counteracting Boeing delays for aircraft originally due this spring 30 Summer 2023 fleet increasing to 81 aircraft Replacing older generation aircraft Re
Slide 8: Relaunching Norwegian Reward
Relaunching Norwegian Reward Adding new member benefits to the program… … and expanding the program beyond airline We have listened to our members: Ambition to build the best loyalty program in the Nordics, together with partners The more you fly, the more benefits you can select Norwegian Reward to
Slide 9: Summary
Summary Navigating successfully through winter season Utilised fleet flexibility with up to 30% capacity reduction Strong liquidity position – NOK 7.8bn in cash at year-end Minimising Q1 cash-burn through cost and efficiency focus Well positioned for busy 2023 Normalising booking trends at improved
Slide 10: Book tickets at Norwegian.com
Book tickets at Norwegian.com
Slide 11: Appendix
Appendix
Slide 12: 20 largest shareholders as of 31 December 2022
20 largest shareholders as of 31 December 2022* Name Country Number of shares Per cent 1 Geveran Trading Company, Ltd. Cyprus 133,430,512 14.3 % 2 Sundt AS Norway 106,103,198 11.4 % 3 Folketrygdfondet Norway 46,651,798 5.0 % 4 Ballyfin Aviation Limited Ireland 31,472,703 3.4 % 5 Silver Point Capital
Slide 13: Disclaimer
Disclaimer Certain statements included in this presentation contain forward-looking statements, such as statements of future expectations. Although the statements provided are based on the best reasonable assumptions of management of Norwegian Air Shuttle ASA (“Norwegian”), the statements are based
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