Icelandair Group hf. - Company Announcement

Traffic Data September 2016

The Company carried 388 thousand passengers on international flights in
September.  The number of passengers was up by 23% as compared to September
last year.  The capacity increase compared to September 2015 was 28%.  The
passenger load factor was 81.1% compared to 83.1% last year. 

Passengers on domestic and Greenland flights were 31 thousand in September,
which is a 17% increase from September last year. Sold block hours in charter
flights increased by 7% between years.  Cargo transport increased by 14%
year-on-year. The number of sold room nights at our hotels was up by 24% from
previous year. The room utilisation was 90.0% compared to 83.4% in September
2015. 



INTERNATIONAL          SEP 16   SEP 15   CHG (%)     YTD 16     YTD 15   CHG (%)
 FLIGHTS                                                                        
--------------------------------------------------------------------------------
Number of Passengers  388,414  316,740       23%  2,909,513  2,442,746       19%
Load Factor             81.1%    83.1%  -2.0 ppt      82.7%      83.9%  -1.2 ppt
Available Seat KM     1,497.9  1,168.3       28%   10,722.7    8,743.8       23%
 (ASK´000,000)                                                                  
                                                                                
DOMESTIC AND           SEP 16   SEP 15   CHG (%)     YTD 16     YTD 15   CHG (%)
 GREENLAND FLIGHTS                                                              
--------------------------------------------------------------------------------
Number of Passengers   31,229   26,657       17%    245,590    231,389        6%
Load Factor             73.7%    78.2%  -4.5 ppt      71.9%      74.6%  -2.7 ppt
Available Seat KM        15.9     12.8       25%      128.1      117.5        9%
 (ASK´000,000)                                                                  
                                                                                
CHARTER FLIGHTS        SEP 16   SEP 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        2,142    2,007        7%     18,035     17,435        3%
                                                                                
CARGO                  SEP 16   SEP 15   CHG (%)     YTD 16     YTD 15   CHG (%)
--------------------------------------------------------------------------------
Freight Tonne KM        9,951    8,734       14%     79,945     73,977        8%
 (FTK´000)                                                                      
                                                                                
HOTELS                 SEP 16   SEP 15   CHG (%)     YTD 16     YTD 15   CHG (%)
--------------------------------------------------------------------------------
Available Hotel Room   27,780   24,276       14%    269,721    254,015        6%
 Nights                                                                         
Sold Hotel Room        25,008   20,240       24%    224,289    206,038        9%
 Nights                                                                         
Utilisation of Hotel    90.0%    83.4%   6.6 ppt      83.2%      81.1%   2.0 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 - September 2016.pdf