Icelandair Group hf. - Company Announcement

Traffic Data March 2016

The Company carried 221 thousand passengers on international flights in March. 
The number of passengers was up by 21% as compared to last year.  The capacity
increase totalled 20% between years. The passenger load factor was 84.0% and
increased by 1.4 percentage points compared to last year, the highest load
factor until now in March. 

Passengers on regional flights and Greenland flights were 24 thousand in March,
which is 2% increase from last year.  The capacity was increased by 1% compared
to March 2015.  The load factor was 73.0%, decreasing by 0.3 percentage points
from last year.  Sold block hours in charter flights increased by 8% between
years.  Cargo transport increased by 1% year-on-year. The number of sold room
nights at our Hotels was up by 9% from previous year. The room utilisation was
81.2%, compared to 78.8% in March last year. 



INTERNATIONAL FLIGHTS       MAR 16   MAR 15   CHG (%)   YTD 16   YTD 15  CHG (%)
--------------------------------------------------------------------------------
Number of Passengers       221,385  183,061       21%  575,939  477,085      21%
Load Factor                  84.0%    82.6%   1.4 ppt    79.4%    79.2%  0.3 ppt
Available Seat KM            788.9    656.9       20%  2,142.7  1,775.8      21%
 (ASK´000,000)                                                                  
                                                                                
REGIONAL AND GREENLAND      MAR 16   MAR 15   CHG (%)   YTD 16   YTD 15  CHG (%)
 FLIGHTS                                                                        
--------------------------------------------------------------------------------
Number of Passengers        23,575   23,183        2%   65,928   63,113       4%
Load Factor                  73.0%    73.3%  -0.3 ppt    73.4%    71.8%  1.6 ppt
Available Seat KM             10.9     10.7        1%     28.9     28.3       2%
 (ASK´000,000)                                                                  
                                                                                
CHARTER FLIGHTS             MAR 16   MAR 15   CHG (%)   YTD 16   YTD 15  CHG (%)
--------------------------------------------------------------------------------
Fleet Utilisation           100.0%   100.0%   0.0 ppt   100.0%   100.0%  0.0 ppt
Sold Block Hours             2,003    1,863        8%    6,091    5,217      17%
                                                                                
CARGO                       MAR 16   MAR 15   CHG (%)   YTD 16   YTD 15  CHG (%)
--------------------------------------------------------------------------------
Freight Tonne KM             9,219    9,163        1%   26,510   24,493       8%
 (FTK´000)                                                                      
                                                                                
HOTELS                      MAR 16   MAR 15   CHG (%)   YTD 16   YTD 15  CHG (%)
--------------------------------------------------------------------------------
Available Hotel Room        24,335   22,909        6%   71,435   66,510       7%
 Nights                                                                         
Sold Hotel Room Nights      19,772   18,061        9%   53,671   49,989       7%
Utilisation of Hotel         81.2%    78.8%   2.4 ppt    75.1%    75.2%  0.0 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

Attachments:

Traffic Data - March.pdf