Icelandair Group hf.: Traffic Data October 2017

The Company carried 321 thousand passengers on international flights in
October, which was nearly the same number as in October last year. Available
seat kilometres remained unchanged between years. The passenger load factor
increased from last year and was 83.4% compared to 82.2%. Passengers on
domestic and regional flights were 31 thousand in October, which corresponds a
10% increase. The capacity growth was 22%, mainly due to new flights out of
Keflavik to Belfast and Akureyri. The load factor was 63.3% compared to 67.5%
last year. Sold block hours in charter flights increased by 20% between years.
Cargo transport increased by 11% year-on-year. The occupancy at our Hotels
improved by 2 percentage points from last year and was 86.3%. 

INTERNATIONAL          OCT 17   OCT 16   CHG (%)     YTD 17     YTD 16   CHG (%)
 FLIGHTS                                                                        
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Number of Passengers  320,684  319,673        0%  3,568,071  3,224,577       11%
Load Factor             83.4%    82.2%   1.2 ppt      83.5%      82.8%   0.7 ppt
Available Seat KM     1,191.3  1,193.5        0%   13,299.1   11,894.2       12%
 (ASK'000,000)                                                                  
                                                                                
DOMESTIC AND           OCT 17   OCT 16   CHG (%)     YTD 17     YTD 16   CHG (%)
 REGIONAL FLIGHTS                                                               
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Number of Passengers   30,925   28,030       10%    300,800    283,005        6%
Load Factor             63.3%    67.5%  -4.2 ppt      67.4%      69.4%  -2.1 ppt
Available Seat KM        18.5     15.2       22%      183.9      165.7       11%
 (ASK'000,000)                                                                  
                                                                                
CHARTER FLIGHTS        OCT 17   OCT 16   CHG (%)     YTD 17     YTD 16   CHG (%)
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Fleet Utilisation      100.0%   100.0%   0.0 ppt      97.6%      94.1%   3.5 ppt
Sold Block Hours        2,220    1,854       20%     22,123     19,889       11%
                                                                                
CARGO                  OCT 17   OCT 16   CHG (%)     YTD 17     YTD 16   CHG (%)
--------------------------------------------------------------------------------
Freight Tonne KM       10,534    9,494       11%     96,845     88,323       10%
 (FTK'000)                                                                      
                                                                                
HOTELS                 OCT 17   OCT 16   CHG (%)     YTD 17     YTD 16   CHG (%)
--------------------------------------------------------------------------------
Available Hotel Room   27,776   27,776        0%    316,602    297,497        6%
 Nights                                                                         
Sold Hotel Room        23,960   23,406        2%    262,034    247,695        6%
 Nights                                                                         
Utilisation of Hotel    86.3%    84.3%   2.0 ppt      82.8%      83.3%  -0.5 ppt
 Rooms                                                                          

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

Attachment:
https://cns.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=651723