Icelandair Group hf. - Company Announcement

Traffic Data January 2015

The number of passenger on international flights was 151 thousand in January
and increased by 21% compared to January last year. The capacity increase was
14% in total and the passenger load factor was 76.7% increasing by 6.2
percentage points between years, which is the highest load factor in January. 

The number of passengers on regional and Greenland flights amounted to 20
thousand, decreasing by 4% compared to January last year.  The capacity in
January was 2% lower than in January last year.  The passenger seat load factor
was 66.9% compared to 68.9% in January 2014. Sold block hours in the capacity
sector decreased by 33% in January. Freight decreased by 4% year-on-year. The
number of sold room nights at Icelandair Hotels was up by 31% from last year.
The room utilization was 67.2%, 15.8 percentage points higher than in January
2014. 



INTERNATIONAL FLIGHTS             JAN 15   JAN 14    CHG (%)
------------------------------------------------------------
Number of Passengers             150,624  124,722        21%
Load Factor                        76.7%    70.5%    6.2 ppt
Available Seat KM (ASK´000,000)    590.3    519.2        14%
REGIONAL AND GREENLAND FLIGHTS    JAN 15   JAN 14    CHG (%)
------------------------------------------------------------
Number of Passengers              19,637   20,384        -4%
Load Factor                        66.9%    68.9%   -2.1 ppt
Available Seat KM (ASK´000,000)      9.1      9.3        -2%
CHARTER FLIGHTS                   JAN 15   JAN 14    CHG (%)
------------------------------------------------------------
Fleet Utilization                  87.5%   100.0%  -12.5 ppt
Sold Block Hours                   1,668    2,487       -33%
CARGO                             JAN 15   JAN 14    CHG (%)
------------------------------------------------------------
Available Tonne KM (ATK´000)      15,011   14,207         6%
Freight Tonne KM (FTK´000)         7,656    7,981        -4%
HOTELS                            JAN 15   JAN 14    CHG (%)
------------------------------------------------------------
Available Hotel Room Nights       22,909   22,940         0%
Sold Hotel Room Nights            15,391   11,788        31%
Utilization of Hotel Rooms         67.2%    51.4%   15.8 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 - January.pdf