Icelandair Group hf. - Company Announcement

Traffic Data April 2014

The Company carried 176 thousand passengers on international flights in April. 
The number of passengers was up by 19% as compared to April last year.  The
capacity increase in available seat kilometers was 17%. The passenger load
factor was 79.4%, increasing by 3.4 percentage points compared to the same
month last year. 

Passengers on regional flights and Greenland flights were 22 thousand in April,
which is 13% decrease from April last year.  The capacity was decreased by 13%.
 The load factor was 68.7%, decreasing by 1.1 percentage points from last year.
 Sold block hours in charter flights decreased by 38% between years.  Cargo
transport increased by 8% year-on-year. The number of sold room nights at our
Hotels was up by 3% from previous year. The room utilization was 69.2%,
compared to 66.9% in April last year. 



INTERNATIONAL FLIGHTS      APR 14   APR 13   CHG (%)   YTD 14   YTD 13   CHG (%)
--------------------------------------------------------------------------------
Number of Passengers      176,024  147,945       19%  575,975  506,076       14%
Load Factor                 79.4%    76.0%   3.4 ppt    75.8%    74.7%   1.1 ppt
Available Seat KM           658.7    564.0       17%  2,237.2  1,933.3       16%
 (ASK´000,000)                                                                  
REGIONAL AND GREENLAND     APR 14   APR 13   CHG (%)   YTD 14   YTD 13   CHG (%)
 FLIGHTS                          
--------------------------------------------------------------------------------
Number of Passengers       22,417   25,623      -13%   87,539   96,076       -9%
Load Factor                 68.7%    69.8%  -1.1 ppt    70.1%    70.4%  -0.4 ppt
Available Seat KM            10.6     12.2      -13%     40.1     43.7       -8%
 (ASK´000,000)                                                                  
CAPACITY                   APR 14   APR 13   CHG (%)   YTD 14   YTD 13   CHG (%)
--------------------------------------------------------------------------------
Fleet Utilization          100.0%    90.9%   9.1 ppt   100.0%    84.1%  15.9 ppt
Sold Block Hours            1,468    2,384      -38%    7,581    9,609      -21%
CARGO                      APR 14   APR 13   CHG (%)   YTD 14   YTD 13   CHG (%)
--------------------------------------------------------------------------------
Available Tonne KM         16,363   14,713       11%   59,191   54,813        8%
 (ATK´000)                                                                      
Freight Tonne KM            8,229    7,611        8%   32,514   30,123        8%
 (FTK´000)                                                                      
HOTELS                     APR 14   APR 13   CHG (%)   YTD 14   YTD 13   CHG (%)
--------------------------------------------------------------------------------
Available Hotel Room       22,170   22,200        0%   88,739   88,800        0%
 Nights                                                                         
Sold Hotel Room Nights     15,336   14,848        3%   60,148   56,739        6%
Utilization of Hotel        69.2%    66.9%   2.3 ppt    67.8%    63.9%   3.9 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