Norwegian strongly affected by COVID-19 - 71 percent passenger decline, 8,000 employees furloughed or laid off and 140 aircraft grounded Norwegian today reported its results for the first half year of 2020. The figures are as expected heavily impacted by the COVID-19 pandemic with a net loss ofNOK 5.3 billion . During the first half of 2020, 5.3 million customers travelled with the company; a decrease of 71 percent compared to the same period last year. Norwegian successfully converted debt, gained access to state guaranteed loans ofNOK 3 billion and conducted a public offering, in addition to implementing a series of cost-reduction measures. Still, Norwegian is facing challenging times ahead. For further information, please contact: Tore Østby, EVP Strategic Development, phone: +47 995 464 00Norwegian Air Shuttle ASA Fornebu,28 August 2020 This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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