Icelandair Group hf. - Other information disclosed according to the rules of the Exchange

Traffic Data February 2017

The Company carried 200 thousand passengers on international flights in
February. The number of passengers was up by 11% as compared to February last
year. The capacity increase between years was 18%. The passenger load factor
was 75.9% compared to 79.0% at the same time last year. Passengers on domestic
and regional flights were just short of 23 thousand, which is 2% increase from
last year. The capacity was 29% higher than in February 2016, due to flights to
Aberdeen in cooperation with Icelandair, which started in March 2016. The load
factor was 68.2%. Sold block hours in charter flights decreased by 7% between
years. Cargo transport decreased by 13% year-on-year. Strike in the seafood
industry in Iceland effects the export of fish negatively. The room utilisation
at the Company’s Hotels increased between years, was 85.6% compared to 84.0% in
February 2016. 



INTERNATIONAL FLIGHTS      FEB 17   FEB 16   CHG (%)   YTD 17   YTD 16   CHG (%)
--------------------------------------------------------------------------------
Number of Passengers      200,304  180,749       11%  406,038  354,574       15%
Load Factor                 75.9%    79.0%  -3.1 ppt    74.7%    76.6%  -1.9 ppt
Available Seat KM           772.8    652.7       18%  1,628.0  1,353.7       20%
 (ASK´000,000)                                                                  
                                                                                
DOMESTIC AND REGIONAL      FEB 17   FEB 16   CHG (%)   YTD 17   YTD 16   CHG (%)
 FLIGHTS                                                                        
--------------------------------------------------------------------------------
Number of Passengers       22,543   22,044        2%   42,819   42,443        1%
Load Factor                 68.2%    77.7%  -9.5 ppt    65.4%    73.8%  -8.5 ppt
Available Seat KM            11.3      8.8       29%     22.4     17.8       26%
 (ASK´000,000)                                                                  
                                                                                
CHARTER FLIGHTS            FEB 17   FEB 16   CHG (%)   YTD 17   YTD 16   CHG (%)
--------------------------------------------------------------------------------
Fleet Utilisation          100.0%   100.0%   0.0 ppt    94.4%    98.0%  -3.6 ppt
Sold Block Hours            1,871    2,022       -7%    3,718    4,170      -11%
                                                                                
CARGO                      FEB 17   FEB 16   CHG (%)   YTD 17   YTD 16   CHG (%)
--------------------------------------------------------------------------------
Freight Tonne KM            7,525    8,661      -13%   14,922   17,291      -14%
 (FTK´000)                                                                      
                                                                                
HOTELS                     FEB 17   FEB 16   CHG (%)   YTD 17   YTD 16   CHG (%)
--------------------------------------------------------------------------------
Available Hotel Room       25,116   22,765       10%   52,923   47,100       12%
 Nights                                                                         
Sold Hotel Room Nights     21,511   19,117       13%   40,745   33,899       20%
Utilisation of Hotel        85.6%    84.0%   1.7 ppt    77.0%    72.0%   5.0 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

Liitteet:

Traffic Data - February 2017.pdf