Icelandair Group hf. - Company Announcement

Traffic Data June 2016

The Company carried 440 thousand passengers on international flights in June. 
The number of passengers was up by 20% as compared to June last year.  The
capacity increase totalled 22% between years. The passenger load factor was
83.6% compared to 84.2% at the same time last year. 

The number of passengers on domestic and Greenland flights was 29 thousand in
June, increasing by 3% between years.  The capacity was increased by 12%
compared to June 2015.  The load factor was 68.3% compared to 74.4% last year.
The decrease in load factor is due to maintenance work on the Bombardier Q200
aircraft that the company operates.  That led to more flights on the company’s
Bombardier Q400 aircraft which has more capacity. In addition the demand for
flights to Greenland was lower than in June last year. 

Sold block hours in charter flights decreased by 12% between years.  Cargo
transport increased by 6% year-on-year. The number of sold room nights at our
Hotels was up by 1% compared to previous year. The room utilisation was 84.5%,
compared to 80.7% in June last year. 



INTERNATIONAL          JUN 16   JUN 15   CHG (%)     YTD 16     YTD 15   CHG (%)
 FLIGHTS                                                                        
--------------------------------------------------------------------------------
Number of Passengers  440,423  366,559       20%  1,547,643  1,300,034       19%
Load Factor             83.6%    84.2%  -0.7 ppt      80.3%      81.1%  -0.8 ppt
Available Seat KM     1,609.4  1,317.8       22%    5,821.4    4,785.0       22%
 (ASK´000,000)                                                                  
                                                                                
DOMESTIC AND           JUN 16   JUN 15   CHG (%)     YTD 16     YTD 15   CHG (%)
 GREENLAND FLIGHTS                                                              
--------------------------------------------------------------------------------
Number of Passengers   29,201   28,309        3%    143,721    137,981        4%
Load Factor             68.3%    74.7%  -6.4 ppt      71.7%      72.0%  -0.3 ppt
Available Seat KM        16.7     14.9       12%       67.7       64.7        5%
 (ASK´000,000)                                                                  
                                                                                
CHARTER FLIGHTS        JUN 16   JUN 15   CHG (%)     YTD 16     YTD 15   CHG (%)
--------------------------------------------------------------------------------
Fleet Utilisation      100.0%   100.0%   0.0 ppt     100.0%     100.0%   0.0 ppt
Sold Block Hours        1,808    2,066      -12%     11,720     11,055        6%
                                                                                
CARGO                  JUN 16   JUN 15   CHG (%)     YTD 16     YTD 15   CHG (%)
--------------------------------------------------------------------------------
Freight Tonne KM        9,456    8,917        6%     53,366     49,111        9%
 (FTK´000)                                                                      
                                                                                
HOTELS                 JUN 16   JUN 15   CHG (%)     YTD 16     YTD 15   CHG (%)
--------------------------------------------------------------------------------
Available Hotel Room   36,314   37,578       -3%    156,282    150,097        4%
 Nights                                                                         
Sold Hotel Room        30,669   30,340        1%    121,665    114,362        6%
 Nights                                                                         
Utilisation of Hotel    84.5%    80.7%   3.7 ppt      77.8%      76.2%   1.7 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 - June 2016.pdf