Norse Atlantic As (NRSAF) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.424 Good morning and welcome to the quarterly presentation from North Atlantic 00:00:05.424 -- 00:00:09.855 ASA. Today we are presenting from our headquarters here in Arendelle. 00:00:09.855 -- 00:00:15.228 And with me I have our CFO, Anders Jormoss, and I'm the CEO, 00:00:15.228 -- 00:00:17.488 Bjorn Larsen. 00:00:18.863 -- 00:00:22.689 Just a quick look on the headlines for this quarter. 00:00:22.689 -- 00:00:27.317 It has been a quarter of great improvements in many fields. 00:00:27.317 -- 00:00:30.702 And we can start off with a load factor that is record high. 00:00:30.702 -- 00:00:34.047 We have a 95% load factor across the quarter. 00:00:34.047 -- 00:00:37.733 And that goes for both our scheduled flying and our chargers. 00:00:37.733 -- 00:00:42.478 We have an increased number of passengers from 304,000 to... 00:00:42.893 -- 00:00:45.858 correction from 201,000 to 304,000. 00:00:45.858 -- 00:00:51.026 So it's a 51% increase year on year. We have an average 00:00:51.026 -- 00:00:54.031 revenue increase by 23% 00:00:54.031 -- 00:00:55.613 in 00:00:55.613 -- 00:01:00.982 terms of our own network. And that excludes 00:01:00.982 -- 00:01:06.070 the gain of $28 million, but includes the charters, great increase on 00:01:06.070 -- 00:01:12.402 charters. And we do have good sales and good forward 00:01:12.402 -- 00:01:17.876 outlooks for our upcoming summer. So all 00:01:18.588 -- 00:01:24.238 the parameters has been possible. for us this quarter. 00:01:24.238 -- 00:01:30.607 We achieved a revenue of 125.3. That includes $28.7 million of one-offs 00:01:30.607 -- 00:01:35.834 from re-delivery of 3-8s we had. So it's up from $78 million 00:01:35.834 -- 00:01:41.161 last year. We have an EBITDA of positive $15 million, a net profit, 00:01:...