Icelandair Group hf. - Other information disclosed according to the rules of the Exchange

Traffic Data January 2017

The number of passenger on international flights was nearly 206 thousand in
January and increased by 18% compared to January last year. The capacity
increase was 22% and the passenger load factor was 73.6% compared to 74.3% in
January last year. The number of passengers on regional flights amounted to 20
thousand, decreasing by 1% compared to January last year.  The capacity in
January was 24% higher than in January last year, due to flights to Aberdeen in
cooperation with Icelandair, which started in March 2016.  The passenger load
factor was 62.5%. Sold block hours in charter flights decreased by 24% in
January. Freight decreased by 14% year-on-year. Strike in the seafood industry
in Iceland is effecting the export of fish negatively. The number of available
room nights at the Company’s Hotels was up by 14% from last year. The room
utilisation was 69.2%, 8.4 percentage points higher than in January 2016. 



INTERNATIONAL FLIGHTS             JAN 16   JAN 15    CHG (%)
------------------------------------------------------------
Number of Passengers             205,734  173,825        18%
Load Factor                        73.6%    74.3%   -0.7 ppt
Available Seat KM (ASK´000,000)    855.2    701.0        22%
                                                            
DOMESTIC AND GREENLAND FLIGHTS    JAN 16   JAN 15    CHG (%)
------------------------------------------------------------
Number of Passengers              20,276   20,399        -1%
Load Factor                        62.5%    70.0%   -7.5 ppt
Available Seat KM (ASK´000,000)     11.1      9.0        24%
                                                            
CHARTER FLIGHTS                   JAN 16   JAN 15    CHG (%)
------------------------------------------------------------
Fleet Utilisation                  88.9%   100.0%  -11.1 ppt
Sold Block Hours                   1,848    2,148       -14%
                                                            
CARGO                             JAN 16   JAN 15    CHG (%)
------------------------------------------------------------
Freight Tonne KM (FTK´000)         7,398    8,630       -14%
                                                            
HOTELS                            JAN 16   JAN 15    CHG (%)
------------------------------------------------------------
Available Hotel Room Nights       27,807   24,335        14%
Sold Hotel Room Nights            19,234   14,782        30%
Utilisation of Hotel Rooms         69.2%    60.7%    8.4 ppt



For further 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 2017.pdf