Icelandair Group hf. - Company Announcement

Traffic Data November 2015

The Company carried around 193 thousand passengers on international flights in
November. The number of passengers was up by 20% as compared to November last
year. The capacity increase totalled 15% between years. The passenger load
factor was 78.4% compared to 77.0% at the same time last year, the highest load
factor until now in November. 

Passengers on regional flights and Greenland flights were 22 thousand in
November, which is 5% increase from November last year. The load factor was
74.5%, increasing by 1.8 percentage points from last year. Sold block hours in
charter flights increased by 6% between years. Cargo transport increased by 7%
year-on-year. Available hotel room nights at our Hotels increased by 6%
compared to November last year and the room utilisation was 70.6%. 



INTERNATIONAL          NOV 15   NOV 14   CHG (%)     YTD 15     YTD 14   CHG (%)
 FLIGHTS                                                                        
--------------------------------------------------------------------------------
Number of Passengers  192,843  160,906       20%  2,892,921  2,448,049       18%
Load Factor             78.4%    77.0%   1.4 ppt      83.6%      80.6%   3.0 ppt
Available Seat KM       734.3    636.3       15%   10,386.3    9,067.0       15%
 (ASK´000,000)                                                                  
                                                                                
REGIONAL AND           NOV 15   NOV 14   CHG (%)     YTD 15     YTD 14   CHG (%)
 GREENLAND FLIGHTS                                                              
--------------------------------------------------------------------------------
Number of Passengers   22,357   21,235        5%    278,504    274,506        1%
Load Factor             74.5%    72.7%   1.8 ppt      74.6%      72.1%   2.5 ppt
Available Seat KM         9.4      9.1        3%      137.2      138.4       -1%
 (ASK´000,000)                                                                  
                                                                                
CHARTER FLIGHTS        NOV 15   NOV 14   CHG (%)     YTD 15     YTD 14   CHG (%)
--------------------------------------------------------------------------------
Fleet Utilisation      100.0%    85.7%  14.3 ppt      98.9%      87.0%  11.9 ppt
Sold Block Hours        1,788    1,687        6%     21,399     19,355       11%
                                                                                
CARGO                  NOV 15   NOV 14   CHG (%)     YTD 15     YTD 14   CHG (%)
--------------------------------------------------------------------------------
Available Tonne KM     17,421   15,501       12%    225,510    199,873       13%
 (ATK´000)                                                                      
Freight Tonne KM        8,678    8,106        7%     91,861     89,866        2%
 (FTK´000)                                                                      
                                                                                
HOTELS                 NOV 15   NOV 14   CHG (%)     YTD 15     YTD 14   CHG (%)
--------------------------------------------------------------------------------
Available Hotel Room   23,473   22,170        6%    301,606    293,864        3%
 Nights                                                                         
Sold Hotel Room        16,582   15,731        5%    240,063    226,748        6%
 Nights                                                                         
Utilisation of Hotel    70.6%    71.0%  -0.4 ppt      79.6%      77.2%   2.4 ppt
 Rooms                                                                          



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.pdf