Icelandair Group hf. - Company Announcement

Traffic Data December 2012

The Company carried 120 thousand passengers on international flights in
December.  The number of passengers was up by 20% as compared to December last
year.  The capacity increase compared to December 2011 was 27%.  The passenger
load factor was 72.7% compared to 74.3% last year. Passengers in 2012 amounted
to a record 2 million, which represents an increase of 16% from previous year. 

Passengers on regional and Greenland flights were roughly 22 thousand in
December, which was a 9% decrease from December last year.  The load factor was
66.5%, increasing by 3.6 percentage points compared to December 2011.  Sold
block hours in charter flights decreased by 17% in December.  The decrease is
due to one less aircraft being deployed in charter cargo flights than last year
as well as decreased utilization due to maintenance. Cargo transport decreased
by 2% as compared to December last year. The number of available room nights
was up by 28% from previous year. The room utilization was 46.1%, 2.5
percentage points higher than in December 2011. 



INTERNATIONAL FLIGHTS           DEC 12    CHG (%)     YTD 12   CHG (%)
----------------------------------------------------------------------
Number of Passengers           119,580        20%  2,020,377       16%
Load Factor                      72.7%   -1.6 ppt      80.6%   1.4 ppt
Available Seat KM (ASK´000)    476,244        27%  7,175,753       16%
REGIONAL AND GREENLAND FLIGHS   DEC 12    CHG (%)     YTD 12   CHG (%)
----------------------------------------------------------------------
Number of Passengers            22,030        -9%    342,843       -1%
Load Factor                      66.5%    3.6 ppt      69.2%   0.7 ppt
Available Seat KM (ASK´000)     10,534       -14%    177,786       -1%
CAPACITY                        DEC 12    CHG (%)     YTD 12   CHG (%)
----------------------------------------------------------------------
Fleet Utilization                79.2%  -18.7 ppt      91.3%  -2.2 ppt
Sold Block Hours                 2,404       -17%     31,104      -10%
CARGO                           DEC 12    CHG (%)     YTD 12   CHG (%)
----------------------------------------------------------------------
Available Tonne KM (ATK´000)    12,830         7%    181,902        8%
Freight Tonne KM (FTK´000)       7,440        -2%     89,381       15%
HOTELS                          DEC 12    CHG (%)     YTD 12   CHG (%)
----------------------------------------------------------------------
Available Hotel Room Nights     22,946        28%    294,240       16%
Sold Hotel Room Nights          10,582        35%    210,114       22%
Utilization of Hotel Rooms       46.1%    2.5 ppt      71.4%   3.5 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