Icelandair Group hf. - Company Announcement

Traffic Data February 2012

Continued growth in number of Icelandair passengers

In February Icelandair increased its capacity by 11%, as compared to February
last year.  The increase in passenger numbers for the same period was 18%, and
the number of passengers totalled nearly 94 thousand. The load factor was 75%,
up by 4.2 percentage points from February last year, when the load factor was
70.8%.  The number of Air Iceland passengers increased by 7%, as compared to
February last year and totalled approximately 27 thousand.  The load factor was
71.1%, decreasing by 0.4 percentage points between years. Sold block hours in
the capacity sector increased by 3% in February. Freight increased by 25%
year-on-year. The number of available room nights at Icelandair Hotels was up
by 16% from last year. The room utilization was 69.8%, 15.5 percentage points
higher than in February last year. 



ICELANDAIR                     FEB 12   CHG (%)   YTD 12   CHG (%)
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Number of Passengers           93,643       18%  185,821       15%
Load Factor (%)                 75.0%   4.2 ppt    72.1%   4.1 ppt
Available Seat KM (ASK´000)   332,356       11%  698,954        8%
AIR ICELAND                    FEB 12   CHG (%)   YTD 12   CHG (%)
------------------------------------------------------------------
Number of Passengers           26,880        7%   50,601        3%
Load Factor (%)                 71.1%  -0.4 ppt    68.0%  -0.3 ppt
Available Seat KM (ASK´000)    11,533        6%   22,964        2%
CAPACITY                       FEB 12   CHG (%)   YTD 12   CHG (%)
------------------------------------------------------------------
Fleet Utilization (%)           89.3%  -1.6 ppt    88.9%  -6.4 ppt
Sold Block Hours                2,704        3%    5,624       -3%
ICELANDAIR CARGO               FEB 12   CHG (%)   YTD 12   CHG (%)
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Available Tonne KM (ATK´000)   12,154       17%   24,053       14%
Freight Tonne KM (FTK´000)      7,235       25%   14,005       23%
ICELANDAIR HOTELS              FEB 12   CHG (%)   YTD 12   CHG (%)
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Available Hotel Room Nights    17,255       16%   35,700       14%
Sold Hotel Room Nights         12,045       49%   20,485       33%
Utilization of Hotel Rooms      69.8%  15.5 ppt    57.4%   8.2 ppt

Attachments:

Traffic Data - February.pdf