The number of passengers on international flights were 523 thousand in August and decreased by 1% compared to August last year. The capacity measured in available seat kilometres (ASK) increased by 3%. The number of available seats (AS) decreased by 3%. The difference is more capacity to N-America between years resulting in 6% higher average stage length in kilometres between years. The load factor was 86.0% compared to 87.9% in August last year. In August there is similar development as in recent months. Sales to destinations in North-America has not been in line with increased capacity while sales to Europe have been strong. Load factors on Icelandair´s routes in Europe were 90.8%, an increase of 5.8 percentage points from last year while load factors to North America were 83.1%, a decrease of 6.7 percentage points from last year. The number of passengers travelling from Iceland and on the tourist market to Iceland increased between years, but passengers on the N-Atlantic market decreased compared to last year.
The number of passengers on domestic and regional flights were just short of 33 thousand, decreasing by 15% compared to August last year. Flights to Belfast, Aberdeen and between Keflavik and Akureyri stopped mid of May, explaining the reduction in the number of passengers. The load factor was 70.8% decreasing by 1.5 ppt from August last year. Sold block hours in charter flights increased by 20% between years. Freight decreased by 6%. The number of available room nights at the Company’s Hotels was up by 14% from last year. The room occupancy was 89.9% compared to 88.6% in August 2017.
| INTERNATIONAL FLIGHTS | AUG 18 | AUG 17 | CHG (%) | YTD 18 | YTD 17 | CHG (%) |
| Number of Passengers | 522,925 | 528,885 | -1% | 2,818,110 | 2,826,450 | 0% |
| Load Factor | 86.0% | 87.9% | -1.9 ppt | 81.3% | 83.8% | -2.6 ppt |
| Available Seat KM (ASK´000,000) | 1,952.7 | 1,895.7 | 3% | 10,962.8 | 10,456.2 | 5% |
| Revenue Passenger KM (RPK´000,000) | 1,678.4 | 1,665.4 | 1% | 8,909.0 | 8,766.3 | 2% |
| Stage length (KM) | 3,271 | 3,093 | 6% | 3,189 | 3,060 | 4% |
| DOMESTIC AND REGIONAL FLIGHTS | AUG 18 | AUG 17 | CHG (%) | YTD 18 | YTD 17 | CHG (%) |
| Number of Passengers | 32,934 | 38,955 | -15% | 220,922 | 236,033 | -6% |
| Load Factor | 70.8% | 72.3% | -1.5 ppt | 64.9% | 67.5% | -2.6 ppt |
| Available Seat KM (ASK´000,000) | 20.3 | 27.2 | -25% | 132.2 | 144.7 | -9% |
| CHARTER FLIGHTS | AUG 18 | AUG 17 | CHG (%) | YTD 18 | YTD 17 | CHG (%) |
| Fleet Utilisation | 90.9% | 100.0% | -9.1 ppt | 93.1% | 97.1% | -4.0 ppt |
| Sold Block Hours | 2,940 | 2,442 | 20% | 23,293 | 17,594 | 32% |
| CARGO | AUG 18 | AUG 17 | CHG (%) | YTD 18 | YTD 17 | CHG (%) |
| Freight Tonne KM (FTK´000) | 10,291 | 11,004 | -6% | 81,215 | 76,008 | 7% |
| HOTELS | AUG 18 | AUG 17 | CHG (%) | YTD 18 | YTD 17 | CHG (%) |
| Available Hotel Room Nights | 44,149 | 38,786 | 14% | 275,128 | 260,866 | 5% |
| Sold Hotel Room Nights | 39,687 | 34,368 | 15% | 219,502 | 212,671 | 3% |
| Occupancy of Hotel Rooms | 89.9% | 88.6% | 1.3 ppt | 79.8% | 81.5% | -1.7 ppt |
For further information please contact:
Bogi Nils Bogason, Interim President and CEO, Icelandair Group tel: + 354 665-8801
Íris Hulda Þórisdóttir, Director Investor Relations, Icelandair Group tel: + 354 840-701
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