Icelandair Group hf. - Company Announcement

-Traffic Data January 2011

Attached is the Icelandair Group Traffic Data for January 2011:

Icelandair                                        Jan 11   Jan 10   CHG (%) 
Number of Passengers (PAX)                         82.136   71.591       15%
Load Factor (%)                                     65,7%    62,9%   2,8 ppt
Available Seat Kilometers (ASK) - in thousand     344.855  304.057       13%
Revenue Passanger Kilometers (RPK) - in thousand  344.855  304.057       13%
Air Iceland                                       Jan 11   Jan 10   CHG (%) 
Number of Passengers (PAX)                         23.762   24.271       -2%
Load Factor (%)                                     65,1%    63,7%   1,4 ppt
Available Seat Kilometers (ASK) - in thousand      11.608   10.680        9%
Revenue Passanger Kilometers (RPK) - in thousand   11.608   10.680        9%
Capacity                                          Jan 11   Jan 10   CHG (%) 
Fleet Utilization (%)                               93,1%    88,0%   5,1 ppt
Sold Block Hours                                    4.904    4.234       16%
Cargo Business                                    Jan 11   Jan 10   CHG (%) 
Available Tonne Kilometers (ATK) - in thousand     12.463   12.289        1%
Freight Tonne Kilometers (FTK) - in thousand        6.596    6.589        0%
Tourism                                           Jan 11   Jan 10   CHG (%) 
Available Hotel Room Nights                        16.492   16.252        1%
Sold Hotel Room Nights                              7.361    7.635       -4%
Utilization of Hotel Rooms                          44,6%    47,0%  -2,3 ppt
For further information please contact: Bogi Nils Bogason, CFO Icelandair Group
tel: 354-665-8801

Attachments:

Traffic Data - January2011.pdf