Norse Atlantic Airways Q2 2023 report -Strong growth in revenue and strong momentum going into Q3
• Revenue increased by 152% quarter-on-quarter (“QoQ”) to USD 100.1 million • 204,564 passengers carried, up 86% QoQ • Revenue per passenger increased 89% QoQ to USD 422 • Available Seat Kilometres (ASK) up by 51% QoQ due to planned ramp-up as Norse brought more aircraft into production • Positive EBITDAR of USD 2.2 million, the first positive EBITDAR on a quarterly basis since inception of the Company • Intra-quarter Norse recorded its first profitable month (June) and continued positive momentum into Q3 • Load factors showed strong development during the quarter, with