Icelandair Group hf. - Company Announcement

Traffic Data September 2014

The Company carried 260 thousand passengers on international flights in
September.  The number of passengers was up by 21% as compared to September
last year.  The capacity increase compared to September 2013 was 21%.  The
passenger load factor was 79.7% compared to 77.6% last year. The number of
passengers on the Trans-Atlantic market increased the most or by 33.9%. 

Passengers on regional flights and Greenland flights were 26 thousand in
September, which was a 4% increase from September last year.  The load factor
was 75.1%, increasing by 3.9 percentage points compared to September 2013. 
Sold block hours in charter flights decreased by 35% between years.  The
utilization of charter aircraft was 85.7% compared to 96.7% in 2013.  Decrease
in utilization is due to maintenance work in September. Cargo transport
decreased by 3% year-on-year. The number of sold room nights at our hotels was
up by 17% from previous year. The room utilization was 81.3%, 11.5 percentage
points higher than in September 2013. 



INTERNATIONAL          SEP 14   SEP 13    CHG (%)     YTD 14     YTD 13  CHG (%)
 FLIGHTS                                                                        
--------------------------------------------------------------------------------
Number of Passengers  260,447  215,035        21%  2,072,262  1,788,519      16%
Load Factor             79.7%    77.6%    2.1 ppt      80.7%      80.1%  0.6 ppt
Available Seat KM       996.2    821.2        21%    7,649.0    6,500.1      18%
 (ASK´000,000)                                                                  
REGIONAL AND           SEP 14   SEP 13    CHG (%)     YTD 14     YTD 13  CHG (%)
 GREENLAND FLIGHTS                                                              
--------------------------------------------------------------------------------
Number of Passengers   25,944   24,961         4%    229,317    239,613      -4%
Load Factor             75.1%    71.2%    3.9 ppt      71.7%      71.5%  0.1 ppt
Available Seat KM        12.9     13.1        -2%      119.4      123.9      -4% (ASK´000,000)                                                                  
CHARTER FLIGHTS        SEP 14   SEP 13    CHG (%)     YTD 14     YTD 13  CHG (%)
--------------------------------------------------------------------------------
Fleet Utilization       85.7%    96.7%  -11.0 ppt      94.0%      91.1%  2.9 ppt
Sold Block Hours        1,544    2,389       -35%     15,963     21,491     -26%
CARGO                  SEP 14   SEP 13    CHG (%)     YTD 14     YTD 13  CHG (%)
--------------------------------------------------------------------------------
Available Tonne KM     20,159   18,957         6%    169,289    154,490      10%
 (ATK´000)                                                                      
Freight Tonne KM        8,315    8,541        -3%     72,719     70,139       4%
 (FTK´000)                                                                      
HOTELS                 SEP 14   SEP 13    CHG (%)     YTD 14     YTD 13  CHG (%)
--------------------------------------------------------------------------------
Available Hotel Room   23,142   22,956         1%    248,785    246,523       1%
 Nights                                                                         
Sold Hotel Room        18,806   16,025        17%    194,476    183,084       6%
 Nights                                                                         
Utilization of Hotel    81.3%    69.8%   11.5 ppt      78.2%      74.3%  3.9 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

Priedai:

Traffic Data - September.pdf