Icelandair Group hf. - Company Announcement

Traffic Data October 2013

The Company carried 185 thousand passengers on international flights in
October. The number of passengers was up by 8% as compared to October last
year. The capacity increase totalled 12% between years. The passenger load
factor was 78.1% compared to 80.6% at the same time last year. The number of
passengers on the Trans-Atlantic market increased the most or by 17.8%. 

Passengers on regional flights and Greenland flights were over 26 thousand in
October, which is 8% decrease from October last year. The capacity was
decreased by 3% compared to October 2012. The load factor was 71.5%, decreasing
by 5.2 percentage points from last year. Sold block hours in charter flights
decreased by 11% between years. Cargo transport increased by 2% year-on-year.
The room utilization at our Hotels was 61.9%, compared to 67.6% in October last
year. 

INTERNATIONAL FLIGHTS             OCT 13   CHG (%)     YTD 13   CHG (%)
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Number of Passengers             184,854        8%  1,973,491       12%
Load Factor                        78.1%  -2.5 ppt      79.9%  -1.6 ppt
Available Seat KM (ASK´000,000)    696.6       12%    7,196.7       16%
REGIONAL AND GREENLAND FLIGHTS    OCT 13   CHG (%)     YTD 13   CHG (%)
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Number of Passengers              26,535       -8%    266,309      -10%
Load Factor                        71.5%  -5.2 ppt      71.6%   2.4 ppt
Available Seat KM (ASK´000,000)     11.9       -3%      135.8      -13%
CAPACITY                          OCT 13   CHG (%)     YTD 13   CHG (%)
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Fleet Utilization                  90.9%  -9.1 ppt      91.1%  -2.0 ppt
Sold Block Hours                   2,283      -11%     23,774      -10%
CARGO                             OCT 13   CHG (%)     YTD 13   CHG (%)
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Available Tonne KM (ATK´000)      17,753       10%    170,035       10%
Freight Tonne KM (FTK´000)         8,468        2%     78,603        6%
HOTELS                            OCT 13   CHG (%)     YTD 13   CHG (%)
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Available Hotel Room Nights       22,940        0%    269,463        8%
Sold Hotel Room Nights            14,206       -8%    197,290        6%
Utilization of Hotel Rooms         61.9%  -5.7 ppt      73.2%  -1.4 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 - October.pdf