Icelandair Group hf. - Company Announcement

Traffic Data December 2013

The Company carried 141 thousand passengers on international flights in
December. The number of passengers was up by 18% as compared to December last
year. The capacity increase totalled 15% between years. The passenger load
factor was 76.2% compared to 72.6% at the same time last year. 

The Company has never carried more passengers on international flights than in
2013.  The total number of passengers carried was 2,257,305, an increase by 12%
from 2012.  The annual growth in the past few years has been 12-18% and the
total number of passengers carried has increased by one million since 2009. 

Passengers on regional flights and Greenland flights were close to 20 thousand
in December, which is 10% decrease from December last year. The capacity was
decreased by 10% compared to December 2012. The load factor was 65.0%,
decreasing by 1.5 percentage points from last year. Sold block hours in charter
flights decreased by 8% between years. Cargo transport increased by 9%
year-on-year. The room utilization at the Company's Hotels was 45.7%, compared
to 46.1% in December last year. 



INTERNATIONAL FLIGHTS             DEC 13   CHG (%)     YTD 13   CHG (%)
-----------------------------------------------------------------------
Number of Passengers             140,820       18%  2,257,485       12%
Load Factor                        76.2%   3.6 ppt      79.3%  -1.2 ppt
Available Seat KM (ASK´000,000)    547.5       15%    8,320.3       16%
REGIONAL AND GREENLAND FLIGHTS    DEC 13   CHG (%)     YTD 13   CHG (%)
-----------------------------------------------------------------------
Number of Passengers              19,752      -10%    307,309      -11%
Load Factor                        65.0%  -1.5 ppt      71.1%   1.9 ppt
Available Seat KM (ASK´000,000)      9.5      -10%      154.5      -13%
CAPACITY                          DEC 13   CHG (%)     YTD 13   CHG (%)
-----------------------------------------------------------------------
Fleet Utilization                  90.9%  11.7 ppt      91.0%  -0.3 ppt
Sold Block Hours                   2,219       -8%     28,089      -10%
CARGO                             DEC 13   CHG (%)     YTD 13   CHG (%)
-----------------------------------------------------------------------
Available Tonne KM (ATK´000)      14,206       10%    201,796        9%
Freight Tonne KM (FTK´000)         8,107        9%     94,769        6%
HOTELS                            DEC 13   CHG (%)     YTD 13   CHG (%)
-----------------------------------------------------------------------
Available Hotel Room Nights       22,940        0%    314,603        7%
Sold Hotel Room Nights            10,481       -1%    222,320        6%
Utilization of Hotel Rooms         45.7%  -0.4 ppt      70.7%  -0.7 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 - December.pdf