Icelandair Group hf. - Company Announcement

Income forecast for 2012

Based on the Icelandair Group´s budget for 2012, the Company anticipates a 10%
increase in income from 2011 and that total income will amount to ISK 105
billion.  EBITDA is forecasted in the range of ISK 11.0-12.0 billion. 



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