Icelandair Group hf. - Company Announcement

Traffic Data March 2015

The Company carried 183 thousand passengers on international flights in March. 
The number of passengers was up by 15% as compared to last year.  The capacity
increase totalled 7% between years. The passenger load factor was 82.7%,
increasing by 4.4 percentage points compared to last year, which is the highest
load factor in March. 

Passengers on regional flights and Greenland flights were 23 thousand in March,
which is 4% decrease from last year.  The capacity was decreased by 3% compared
to March 2014.  The load factor was 72.7%, increasing by 0.5 percentage points
from last year.  Sold block hours in charter flights increased by 3% between
years.  Cargo transport increased by 2% year-on-year. The number of sold room
nights at our Hotels was up by 0.5% from previous year. The room utilization
was 78.8%, compared to 78.5% in March last year. 



INTERNATIONAL FLIGHTS        MAR 15   MAR 14  CHG (%)   YTD 15   YTD 14  CHG (%)
--------------------------------------------------------------------------------
Number of Passengers        183,203  159,352      15%  477,370  399,962      19%
Load Factor                   82.7%    78.3%  4.4 ppt    79.2%    74.3%  4.9 ppt
Available Seat KM             656.9    615.9       7%  1,775.8  1,578.5      12%
 (ASK´000,000)                                                                  
REGIONAL AND GREENLAND       MAR 15   MAR 14  CHG (%)   YTD 15   YTD 14  CHG (%)
 FLIGHTS                                                                        
--------------------------------------------------------------------------------
Number of Passengers         23,183   24,089      -4%   63,113   65,122      -3%
Load Factor                   72.7%    72.2%  0.5 ppt    71.4%    70.5%  0.8 ppt
Available Seat KM              10.7     11.1      -3%     28.4     29.5      -4%
 (ASK´000,000)                                                                  
CHARTER FLIGHTS              MAR 15   MAR 14  CHG (%)   YTD 15   YTD 14  CHG (%)
--------------------------------------------------------------------------------
Fleet Utilization            100.0%   100.0%  0.0 ppt    95.8%    92.2%  3.6 ppt
Sold Block Hours              1,863    1,807       3%    5,217    6,113     -15%
CARGO                        MAR 15   MAR 14  CHG (%)   YTD 15   YTD 14  CHG (%)
--------------------------------------------------------------------------------
Available Tonne KM           17,046   15,241      12%   46,641   41,297      13%
 (ATK´000)                                                                      
Freight Tonne KM (FTK´000)    9,013    8,799       2%   24,127   24,285      -1%
HOTELS                       MAR 15   MAR 14  CHG (%)   YTD 15   YTD 14  CHG (%)
--------------------------------------------------------------------------------
Available Hotel Room         22,909   22,909       0%   66,510   66,569       0%
 Nights                                                                         
Sold Hotel Room Nights       18,061   17,973     0.5%   49,989   44,812      12%
Utilization of Hotel Rooms    78.8%    78.5%  0.4 ppt    75.2%    67.3%  7.8 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 - March.pdf