The number of passengers on international flights was 227 thousand in January and increased by 8% compared to January last year. The capacity increase was 10% and the load factor was 71.9% compared to 72.3% in January last year. The number of passengers on domestic and regional flights amounted to 20 thousand, decreasing by 12% compared to January last year.  Flights to Belfast, and Aberdeen stopped mid May 2018, explaining the reduction in the number of passengers. The load factor was 57.1%. The number of sold block hours in charter flights decreased by 12% between years, due to fewer projects than at the same time last year.  Freight remained the same between years. The number of sold room nights at the Company’s Hotels was up by 16% from last year. The room utilisation was 64.9% compared to 69.9% in January 2018.  The main reason for lower utilisation in our hotels in rural areas.

INTERNATIONAL FLIGHTSJAN 19JAN 18CHG (%)
Number of Passengers 226,737209,3988%
Load Factor71.9%72.3%-0.4 ppt
Available Seat KM (ASK´000,000)994.9907.010%
Revenue Passenger KM (RPK´000,000)715.6656.09%
Stage length (KM)3,1093,0771%
    
DOMESTIC AND REGIONAL FLIGHTSJAN 19JAN 18CHG (%)
Number of Passengers19,56922,299-12%
Load Factor57.1%57.8%-0.7 ppt
Available Seat KM (ASK´000,000)10.514.0-25%
    
CHARTER FLIGHTSJAN 19JAN 18CHG (%)
Fleet Utilisation92.7%100.0%-8.3 ppt
Sold Block Hours2,6523,015-12%
    
CARGOJAN 19JAN 18CHG (%)
Freight Tonne KM (FTK´000)10,46410,4980%
    
HOTELSJAN 19JAN 18CHG (%)
Available Hotel Room Nights33,41826,75725%
Sold Hotel Room Nights21,67318,70816%
Occupancy of Hotel Rooms64.9%69.9%-5.1 ppt

For further information please contact:

Bogi Nils Bogason, CFO, Icelandair Group tel: + 354 5050100
Íris Hulda Þórisdóttir, Director Investor Relations, Icelandair Group tel: + 354 5050100