Norwegian Air Shuttle ASA reports on its consolidated pre-tax results for the
three-month period that ended on 31 March 2021. The company is currently nearing
the successful completion of both an examinership process in Ireland and
reconstruction process in Norway. A subsequent capital raise is due to close on
or about 26th May.

"The impact on our business as a result of international travel restrictions,
that have continued throughout this quarter, are as expected. However, during
this difficult period Norwegian has continued to reach a number of milestones
that will secure our future and ensure that the airline remains a key competitor
in the European market. As European vaccination programmes gain momentum and
travel restrictions begin to ease, a new Norwegian, with a solid financial
foundation, will be ready for our customers as they look to once again take to
the skies," said Jacob Schram, CEO of Norwegian.

"The Q1 results clearly show the continued difficult trading environment that we
have been operating in over the last three months. In spite of these challenges,
we are now looking to the future with the successful exit of the examinership
and reconstruction processes while seeking to raise new capital. Combined, these
factors will provide Norwegian with a stable and sustainable financial future,"
said Geir Karlsen, CFO of Norwegian

Please find enclosed the result announcement for the three-month period ended on
31 March 2021.


Fornebu 29 April 2021
Norwegian Air Shuttle ASA



This release is an announcement issued pursuant to legal information
obligations, and is subject of the disclosure requirements pursuant to the
Market Abuse Regulation (MAR) Article 17 no. 1, and was prepared by Tore Østby
on behalf of Norwegian Air Shuttle ASA, tel +47 995 46 400.

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