Norse Atlantic As (NRSAF) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Very good morning, everyone, and welcome to North Atlantic's Q4 2024 presentation. My name is Bjorn Tore Larsen. I'm the CEO of the company, and we'll present our Q4 results together with our CFO, Anders Jolmos. So a few highlights from today. The last quarter, we have definitely turned the tide in many ways, and we were able to achieve a load factor over the quarter of 92%, which is an increase of 22%. So it's a considerable improvement in terms of filling the cabins. We also increased activity somewhat, about 15% compared to last year. And the number of passengers went up by almost 50%, 46%. Revenues also went up considerably, 30%, $223 million. And the revenue per available seat kilometer went up by 23%. We had a net loss of $35 million in the quarter, which is a $30 million improvement year on year compared Very good morning, everyone, and welcome to North Atlantic's Q4 2024 presentation. My name is Bjorn Tore Larsen. I'm the CEO of the company, and I will present our Q4 results together with our CFO, Anders Hjulmås. So a few highlights from 2020. The last quarter, we have definitely turned the tide in many ways, and we were able to achieve a load factor over the quarter of 92%, which is an increase of 22%. So it's a considerable improvement in terms of filling the cabins. We also increased activity somewhat, about 15% compared to last year. And the number of passengers went up by almost 50%, 46%. Revenues also went up considerably, 30%, $223 million. And the revenue per available seat kilometer went up by 23%. We had a net loss of $35 million in the quarter, which is a $30 million improvement year on year compared to Q4 23. And December isolated also turned out a profit, which was the first winter month in our history where we were profitable. The quarter was so...