Traffic Data December 2019

The number of Icelandair's passengers to Iceland increased by 11% in December 2019. Passengers on the home market from Iceland increased in December by 8% and the number of via passengers decreased by 9%. This increase in the to and from markets is due to the Company's focus on minimizing the impact of the suspension of the MAX aircraft and to respond to changes in the competitive environment in these markets.The total number of Icelandair's passengers was around 267 thousand in December...

The number of Icelandair's passengers to Iceland increased by 11% in December 2019. Passengers on the home market from Iceland increased in December by 8% and the number of via passengers decreased by 9%. This increase in the to and from markets is due to the Company's focus on minimizing the impact of the suspension of the MAX aircraft and to respond to changes in the competitive environment in these markets.

The total number of Icelandair's passengers was around 267 thousand in December 2019, increasing by 1%. The load factor on Icelandair's flights was 80.7% in December compared to 79.6% in the same period 2018. The total capacity decreased by 2%.

On-time performance in the Icelandair's route network in December 2019 improved year-on-year, increasing to 80.0% from 73.7%. This was achieved as a result of a number of measures taken to improve on-time performance despite the impact of the suspension of Boeing 737 MAX on the flight schedule.

The number of passengers on domestic and regional flights was almost 18 thousand in December 2019, decreasing by 8%. The load factor increased to 69.8% from 60.0% in December 2018. The number of sold block hours in charter flights increased by 4% and freight decreased by 6%. The number of sold room nights at Icelandair Hotels was down by 4% with room occupancy at 63.6% compared to 66.9% in the same period last year.

Icelandair has never carried more passengers on international flights than in 2019. The total number of passengers was over 4.4 million, a 6% increase. The load factor in 2019 was 82.0%. The number of Icelandair's passengers to Iceland increased by 25%, amounting to almost 1.9 million. The number of passengers from Iceland increased by 18% and the number of via passengers decreased by 9%. The total number of passengers on domestic and regional flights was around 282 thousand, decreasing by 12%. Sold block hours on charter flights decreased by 11% and freight was up by 6%. The number of sold room nights at Icelandair Hotels for the full year was up 5% and room occupancy was 79.9% compared with 80.1% in 2018.

INTERNATIONAL FLIGHTS	DEC 19	CHG (%)	YTD 19	CHG (%)
To market (passengers)	106,644	11%	1,852,745	25%
From market (passengers)	52,358	8%	642,752	18%
Via market (passengers)	108,223	-9%	1,912,408	-9%
Total Number of Passengers	267,225	1%	4,407,905	6%
Load Factor	80.7%	1.2 ppt	82.0%	1.0 ppt
Available Seat KM (ASK´000,000)	1,012.0	-2%	16,679.0	3%
Revenue Passenger KM (RPK´000,000)	817.1	-1%	13,672.9	4%
Stage length (KM)	3,007	-5%	3,111	-3%
On-Time-Performance (Arrivals)	80.0%	6.3 ppt	74.0%	11.6 ppt
DOMESTIC AND REGIONAL FLIGHTS	DEC 19	CHG (%)	YTD 19	CHG (%)
Number of Passengers	17,715	-8%	282,349	-12%
Load Factor	69.8%	9.8 ppt	70.5%	5.0 ppt
Available Seat KM (ASK´000,000)	7.8	-20%	142.8	-21%
CHARTER FLIGHTS	DEC 19	CHG (%)	YTD 19	CHG (%)
Fleet Utilisation	100.0%	15.4 ppt	96.5%	4.6 ppt
Sold Block Hours	2,751	4%	30,118	-11%
CARGO	DEC 19	CHG (%)	YTD 19	CHG (%)
Freight Tonne KM (FTK´000)	10,399	-6%	132,989	6%
HOTELS	DEC 19	CHG (%)	YTD 19	CHG (%)
Available Hotel Room Nights	33,761	1%	436,799	6%
Sold Hotel Room Nights	21,487	-4%	349,176	5%
Occupancy of Hotel Rooms	63.6%	-3.3 ppt	79.9%	-0.2 ppt

Contact information

Investors: Íris Hulda Þórisdóttir, Director Investor Relations. E-mail: [email protected]
Media: Ásdís Pétursdóttir, Director Communications. E-mail: [email protected]