Icelandair Group hf. - Company Announcement

Operationally, Icelandair Group had a successful August - traffic

Operationally, Icelandair Group had a successful August. According to unaudited
financial accounts EBITDA was ISK 3.1 billion, which is an improvement of ISK
0.5 billion over August 2008. 
Icelandair Group‘s EBITDA forecast for 2009 remains ISK 6.5 billion. 
Considering present presumptions the operations of the Group look good for the
remainder of the year, and current EBITDA forecast is higher than projected in
the Group‘s inital budget for the year. 

Attached is Icelandair Group Traffic Data for September 2009. 


Further information provided by:
Bogi Nils Bogason, CFO of Icelandair Group, tel; 354-665-8801

Attachments:

traffic data - sep.pdf