Icelandair Group hf. - Company Announcement

Traffic Data May 2016

The Company carried 320 thousand passengers on international flights in May. 
The number of passengers was up by 20% as compared to May last year.  The
capacity increase in available seat kilometers was 25%. The passenger load
factor was 77.5%, compared to 79.7% in May 2015. 

Passengers on regional flights and Greenland flights were 25 thousand in May,
which is 2% increase from May last year.  The capacity was increased by 6%. 
The load factor was 71.6%, increasing by 1.0 percentage points from last year. 
Sold block hours in charter flights decreased by 2% between years.  Cargo
transport increased by 9% year-on-year. The number of sold room nights at our
Hotels was up by 5% from previous year. The room utilisation was 79.4%,
compared to 79.0% in May last year. 



INTERNATIONAL FLIGHTS    MAY 16   MAY 15   CHG (%)     YTD 16   YTD 15   CHG (%)
--------------------------------------------------------------------------------
Number of Passengers    319,614  266,677       20%  1,108,832  933,479       19%
Load Factor               77.5%    79.7%  -2.2 ppt      79.0%    79.9%  -0.9 ppt
Available Seat KM       1,262.8  1,009.5       25%    4,211.0  3,467.2       21%
 (ASK´000,000)                                                                  
                                                                                
REGIONAL AND GREENLAND   MAY 16   MAY 15   CHG (%)     YTD 16   YTD 15   CHG (%)
 FLIGHTS                                                                        
--------------------------------------------------------------------------------
Number of Passengers     24,940   24,420        2%    114,241  109,672        4%
Load Factor               71.6%    70.6%   1.0 ppt      72.7%    71.2%   1.5 ppt
Available Seat KM          11.5     10.9        6%       51.1     49.7        3%
 (ASK´000,000)                                                                  
                                                                                
CHARTER FLIGHTS          MAY 16   MAY 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          1,754    1,794       -2%      9,912    8,989       10%
                                                                                
CARGO                    MAY 16   MAY 15   CHG (%)     YTD 16   YTD 15   CHG (%)
--------------------------------------------------------------------------------
Available Tonne KM       29,474   21,715       36%    104,156   84,839       23%
 (ATK´000)                                                                      
Freight Tonne KM          8,983    8,212        9%     44,209   40,194       10%
 (FTK´000)                                                                      
                                                                                
HOTELS                   MAY 16   MAY 15   CHG (%)     YTD 16   YTD 15   CHG (%)
--------------------------------------------------------------------------------
Available Hotel Room     24,983   23,839        5%    119,968  112,519        7%
 Nights                                                                         
Sold Hotel Room Nights   19,839   18,839        5%     90,996   84,022        8%
Utilisation of Hotel      79.4%    79.0%   0.4 ppt      75.9%    74.7%   1.2 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 May 2016.pdf