Norwegian Air Shuttle Asa · OSL:NAS
Norwegian Air Shuttle Asa — Investor Presentation (December 2021)
11 slides from Norwegian Air Shuttle Asa's investor presentation, December 2021
Slide 1: Norwegian Air Shuttle - investor presentation December 2021
Norwegian Air Shuttle - investor presentation December 2021
Slide 2: Norwegian at a glance
Norwegian at a glance 3,600 employees, of which 2,100 in Norway 270 routes in summer 2022, of which 139 are in/from Norway 8 crew bases, of which 4 in Norway Strong technical team of more than 200 employees Good cooperation with unions, vast majority of technical staff and crew are union members Hea
Slide 3: Flexible operations and a rightsized business
Flexible operations and a rightsized business 1 Fully restructured balance-sheet and a rightsized business 2 More than NOK 7 billion in cash & equivalents, NOK 0.6 billion net interest bearing debt 3 A fleet of 51 Boeing 737-800 aircraft – LOI of a potential 13 Boeing 737-800 + two Boeing 737 MAX 8
Slide 4: Cut total debt, liabilities and commitment in excess of NOK 140 bn
Cut total debt, liabilities and commitment in excess of NOK 140 bn 1 2 3 4 Reduction of secured debt Reduction of unsecured debt Reduction of capex commitments Capital raise Long-haul operations abandoned and Unsecured debt (including secured debt in Long-haul operations abandoned and Capital raise
Slide 5: Reintroduced Norwegian Reward - driving demand
Reintroduced Norwegian Reward - driving demand Cashpoints can again be used to book tickets without restrictions Norwegian Reward is a competitive advantage • Transparent value, 1 CashPoint = 1 NOK • CashPoints can be spent on all flights as partial or full payment • Customers earn from 2% to 10% Ca
Slide 6: Planning for a reduced winter schedule, ramp-up into summer
Planning for a reduced winter schedule, ramp-up into summer • Currently 51 aircraft in operation with Avg. no. of Short-term fleet plan 2022 aircraft in operation PBH through winter 2021 above a minimum operation equivalent to 10 70 aircraft • The PBH-arrangement through the 60 Full PBH above winter
Slide 7: Norwegian is focused on a short-haul network in Europe
Norwegian is focused on a short-haul network in Europe Short-haul route network 2022 Consolidated to Nordics with scale to defend cost position Short-haul ASK (million) & no. of aircraft at year-end #68 aircraft in -68% operation 100,031 -40% ~40 53,628 156 ~29,000 Ramp-up 119 ~28 51 68-70 2019 Grou
Slide 8: A strong Nordic network with proven, profitable routes
A strong Nordic network with proven, profitable routes Over 270 routes to 100+ destinations on sale for summer 2022 8
Slide 9: Robust operation
Robust operation 7-day rolling sales figures – All markets No. of booked passengers (abs.); Travel anytime • Robust balance sheet and strong financial liquidity • Rightsized operation and scalable cost Sales stabilizing on strong levels through low season • Encouraging forward sales momentum in all
Slide 10: Key focus areas to improve on our baseline plan
Key focus areas to improve on our baseline plan 1 Winter performance 2 Crew efficiency 3 Operational expenses 4 Revenue initiatives and focus on our reward program 5 Continue to strengthen our Balance Sheet 10
Slide 11: Fly Norwegian
Fly Norwegian Book tickets at Norwegian.com
Norwegian Air Shuttle — Investor Presentation (December 2021) on 6ix