Icelandair Group hf. - Company Announcement

Traffic Data November 2012

The Company carried 131 thousand passengers on international flights in
November.  The number of passengers was up by 25% as compared to November last
year.  The capacity increase compared to November 2011 was 31%.  The passenger
load factor was 75.9% compared to 76.9% last year. 

Passengers on regional and Greenland flights were a little less than 26
thousand in November, which was a 4% decrease from November last year.  The
load factor was 72.4%, increasing by 5.6 percentage points compared to November
2011.  Sold block hours in charter flights decreased by 12% in November.  The
decrease is due to one less aircraft being deployed in charter cargo flights
than last year. Cargo transport increased by 6% as compared to November last
year. The number of available room nights was up by 24% from previous year. The
room utilization was 61.8%, 5.9 percentage points higher than in November 2011. 



INTERNATIONAL FLIGHTS           NOV 12   CHG (%)     YTD 12   CHG (%)
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Number of Passengers           131,021       25%  1,900,770       16%
Load Factor                      75.9%  -1.0 ppt      81.1%   1.6 ppt
Available Seat KM (ASK´000)    504,011       31%  6,699,509       16%
REGIONAL AND GREENLAND FLIGHS   NOV 12   CHG (%)     YTD 12   CHG (%)
---------------------------------------------------------------------
Number of Passengers            25,665       -4%    320,812       -1%
Load Factor                      72.4%   5.6 ppt      69.4%   0.4 ppt
Available Seat KM (ASK´000)     11,171      -11%    167,251        0%
CAPACITY                        NOV 12   CHG (%)     YTD 12   CHG (%)
---------------------------------------------------------------------
Fleet Utilization                86.4%  -7.4 ppt      92.5%  -0.6 ppt
Sold Block Hours                 2,140      -12%     28,700       -9%
CARGO                           NOV 12   CHG (%)     YTD 12   CHG (%)
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Available Tonne KM (ATK´000)    14,187       12%    169,072        8%
Freight Tonne KM (FTK´000)       7,464        6%     81,941       16%
HOTELS                          NOV 12   CHG (%)     YTD 12   CHG (%)
---------------------------------------------------------------------
Available Hotel Room Nights     22,200       24%    271,294       15%
Sold Hotel Room Nights          13,712       37%    199,536       22%
Utilization of Hotel Rooms       61.8%   5.9 ppt      73.5%   3.8 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.pdf