Source: Icelandair Group hf.

Traffic Data August 2018

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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