Icelandair Group hf. - Company Announcement

Traffic Data January 2016

The number of passenger on international flights was 173 thousand in January
and increased by 15% compared to January last year. The capacity increase was
19% and the passenger load factor was 74.2% compared to 76.7% in January last
year. The load factor in 2015 was very favourable with every month being a
record.  A load factor increase in each month as between 2014 and 2015 is not
expected in 2016. The load factor in January 2016 is the second highest load
factor until now. 

The number of passengers on regional and Greenland flights amounted to 20
thousand, increasing by 4% compared to January last year.  The capacity in
January was 1% higher than in January last year.  The passenger load factor was
69.9% and increased by 2.5 percentage points compared to January 2015. Sold
block hours in charter flights increased by 29% in January. Freight increased
by 11% year-on-year. The number of available room nights at the Company’s
Hotels was up by 6% from last year. The room utilization was 60.7%, 6.4
percentage points lower than in January 2015. 



INTERNATIONAL FLIGHTS             JAN 16   JAN 15   CHG (%)
-----------------------------------------------------------
Number of Passengers             173,549  150,316       15%
Load Factor                        74.2%    76.7%  -2.5 ppt
Available Seat KM (ASK´000,000)    701.0    590.3       19%
                                                           
REGIONAL AND GREENLAND FLIGHTS    JAN 16   JAN 15   CHG (%)
-----------------------------------------------------------
Number of Passengers              20,385   19,637        4%
Load Factor                        69.9%    67.4%   2.5 ppt
Available Seat KM (ASK´000,000)      9.1      9.1        1%
                                                           
CHARTER FLIGHTS                   JAN 16   JAN 15   CHG (%)
-----------------------------------------------------------
Fleet Utilization                 100.0%    87.5%  12.5 ppt
Sold Block Hours                   2,148    1,668       29%
                                                           
CARGO                             JAN 16   JAN 15   CHG (%)
-----------------------------------------------------------
Available Tonne KM (ATK´000)      17,298   15,043       15%
Freight Tonne KM (FTK´000)         8,630    7,755       11%
                                                           
HOTELS                            JAN 16   JAN 15   CHG (%)
-----------------------------------------------------------
Available Hotel Room Nights       24,335   22,909        6%
Sold Hotel Room Nights            14,782   15,391       -4%
Utilization of Hotel Rooms         60.7%    67.2%  -6.4 ppt



For further detailed information please contact:

Bogi Nils Bogason, CFO, Icelandair Group tel: + 354 665-8801
Íris Hulda Þórisdóttir, Director Investor Relations, Icelandair Group tel: +
354 840-7010

Attachments:

Traffic Data - January.pdf