Icelandair Group hf. - Company Announcement

Traffic Data November 2016

The Company carried 231 thousand passengers on international flights in
November. The number of passengers was up by 20% as compared to November last
year. The capacity increase was 23%. The passenger load factor was 79.0%
compared to 78.3% last year. The load factor has never been higher in November.
Passengers on domestic and Greenland flights were just short of 23 thousand in
November, which is 2% increase between years. The load factor was 67.2%,
decreasing by 7.4 percentage points. Sold block hours in charter flights
decreased by 1% between years. Cargo transport increased by 4% year-on-year.
The room utilisation at our Hotels was 76.5% compared to 70.6% in November
2015. 



INTERNATIONAL FLIGHTS             NOV 16   NOV 15   CHG (%)     YTD 16   CHG (%)
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Number of Passengers             230,864  192,429       20%  3,455,497       20%
Load Factor                        79.0%    78.3%   0.7 ppt      82.5%  -1.0 ppt
Available Seat KM (ASK´000,000)    900.3    734.3       23%   12,794.6       23%
                                                                                
DOMESTIC AND GREENLAND FLIGHTS    NOV 16   NOV 15   CHG (%)     YTD 16   CHG (%)
--------------------------------------------------------------------------------
Number of Passengers              22,796   22,357        2%    294,001        6%
Load Factor                        67.2%    74.7%  -7.4 ppt      71.7%  -2.9 ppt
Available Seat KM (ASK´000,000)     10.5      9.4       12%      148.9        8%
                                                                                
CHARTER FLIGHTS                   NOV 16   NOV 15   CHG (%)     YTD 16   CHG (%)
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Fleet Utilisation                 100.0%   100.0%   0.0 ppt     100.0%   0.0 ppt
Sold Block Hours                   1,770    1,788       -1%     21,659        1%
                                                                                
CARGO                             NOV 16   NOV 15   CHG (%)     YTD 16   CHG (%)
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Freight Tonne KM (FTK´000)         9,045    8,678        4%     98,505        7%
                                                                                
HOTELS                            NOV 16   NOV 15   CHG (%)     YTD 16   CHG (%)
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Available Hotel Room Nights       26,910   23,473       15%    324,417        8%
Sold Hotel Room Nights            20,579   16,582       24%    268,274       12%
Utilisation of Hotel Rooms         76.5%    70.6%   5.8 ppt      82.7%   3.1 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 - November 2016.pdf