Norse Atlantic ASA: Q4 2023 Successful completion of first full year of operations, with continued growth and positive year on year figures
· Revenue increased by 104% to USD 94.8 million in Q4 2023 compared to Q4 2022 · 230,489 passengers carried in Q4 2023, up 70% compared to Q4 2022 · Revenue per passenger increased 42% to USD 340 in Q4 2023 compared to Q4 2022 · ASK up by 81% in Q4 2023 compared to Q4 2022 as Norse brought more aircraft into production · Load factor increased by 12 percentage points to 70% in Q4 2023 compared to Q4 2022 · Great operational performance as 100% of planned flights were completed during the quarter · Total cash held at end of quarter at USD 54.8 million · Generally, a heavy