Icelandair Group hf. - Company Announcement

Traffic Data October 2016

The Company carried 321 thousand passengers on international flights in
October. The number of passengers was up by 26% as compared to October last
year. The capacity increase was 32%. The passenger load factor was 82.0%
compared to 83.6% at the same time last year. Passengers on domestic and
Greenland flights were just short of 27 thousand in October, which is 7%
increase. The capacity was increased by 12%. The load factor was 71.1%,
decreasing by 4.1 percentage points. Sold block hours in charter flights
decreased by 15% between years, due to short-term project in 2015. Cargo
transport increased by 3% year-on-year. The room utilisation at our Hotels was
84.2% compared to 72.3% in October 2015. 



INTERNATIONAL FLIGHTS             OCT 16   OCT 15   CHG (%)     YTD 16   CHG (%)
--------------------------------------------------------------------------------
Number of Passengers             320,986  253,784       26%  3,225,973       20%
Load Factor                        82.0%    83.6%  -1.6 ppt      82.8%  -1.1 ppt
Available Seat KM (ASK´000,000)  1,196.8    908.3       32%   11,897.5       23%
                                                                                
DOMESTIC AND GREENLAND FLIGHTS    OCT 16   OCT 15   CHG (%)     YTD 16   CHG (%)
--------------------------------------------------------------------------------
Number of Passengers              26,502   24,758        7%    276,790        8%
Load Factor                        71.1%    75.2%  -4.1 ppt      70.9%  -3.7 ppt
Available Seat KM (ASK´000,000)     11.7     10.4       12%      150.4       18%
                                                                                
CHARTER FLIGHTS                   OCT 16   OCT 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                   1,854    2,176      -15%     19,889        1%
                                                                                
CARGO                             OCT 16   OCT 15   CHG (%)     YTD 16   CHG (%)
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Freight Tonne KM (FTK´000)         9,494    9,206        3%     89,459        8%
                                                                                
HOTELS                            OCT 16   OCT 15   CHG (%)     YTD 16   CHG (%)
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Available Hotel Room Nights       27,786   24,118       15%    297,507        7%
Sold Hotel Room Nights            23,406   17,443       34%    247,695       11%
Utilisation of Hotel Rooms         84.2%    72.3%  11.9 ppt      83.3%   2.9 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 - October 2016.pdf