The long-haul low-cost airline Norse Atlantic Airways and its subsidiary Norse Atlantic UK had a combined total of 2023 passengers on board in August 151.420. According to the company, capacity utilization was 86 percent, an improvement of one percentage point compared to July 2023. The group claims that around 70 percent of flights arrived less than 15 minutes late. Nor did it have to cancel a single one of the 520 scheduled flight movements. Norse Atlantic Airways also emphasizes that there have been no cancellations since April 24, 2023. However, the route network has been thinned out in some places, so it can be assumed that this means that no cancellations have occurred immediately before the scheduled departure. "I am very pleased that our capacity utilization has continued to increase month after month. Demand for Norse's low fares and excellent service has been high throughout the summer. We had no cancellations for the fourth month in a row, which is a testament to our robust operations and dedicated colleagues across the airline. Looking ahead to the winter season, Norse Atlantic is well positioned to respond if oil prices continue to rise, as we have seen recently. Our ability to respond quickly and adjust our network when necessary, including careful control of our cost base, are the hallmarks of our low-cost operating model. The global freight market has continued to decline as rates and demand have fallen following the pandemic wave. Our competitive rates and direct route network offer good value for money for carriers, however our forecasts for
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