In May 2023, Icelandair's passengers were 366 thousand, compared to 316 thousand in May last year, an increase of 16%. Capacity in May was 11% higher than last year.
Passengers on international flights were 343 thousand, compared to 291 thousand in May 2022, an increase of 18%. Thereof 41% were travelling to Iceland, 16% from Iceland and 42% were via passengers. On-time performance on international flights was 75%. On-time performance in May was impacted by unusual weather disruptions in Iceland. The load factor on international flights was 80.7%, an increase of 6.6 ppt year-on-year.
Passengers on domestic flights were 23 thousand, compared to 26 thousand in May last year. The load factor on domestic flights was 76.6% and on-time performance was 85%, improving significantly year on year. Capacity in the domestic network decreased between years in May, mainly due to weather related disruptions.
Freight measured in Freight Ton Kilometers increased by 34% driven by an increase in transit freight following the addition of two wide-body B767-300 freighter aircraft Sold block hours in the leasing operation increased by 26%.
| Route Network | May 23 | May 22 | CHG (%) | YTD 23 | YTD 22 | CHG (%) |
| Number of Passengers | 366,129 | 316,499 | 16% | 1,326,291 | 980,391 | 35% |
| Load Factor | 80.7% | 74.2% | 6.5 ppt | 79.8% | 71.5% | 8.3 ppt |
| Available Seat KM (ASK'000,000) | 1,350.1 | 1,217.1 | 11% | 4,714.2 | 3,782.7 | 25% |
| Revenue Passenger KM (RPK'000,000) | 1,089.4 | 902.5 | 21% | 3,761.5 | 2,705.7 | 39% |
| INTERNATIONAL FLIGHTS | May 23 | May 22 | CHG (%) | YTD 23 | YTD 22 | CHG (%) |
| To market (passengers) | 141,051 | 115,298 | 22% | 532,986 | 413,040 | 29% |
| From market (passengers) | 56,192 | 51,023 | 10% | 246,231 | 190,282 | 29% |
| Via market (passengers) | 145,777 | 124,203 | 17% | 438,770 | 277,538 | 58% |
| Number of Passengers | 343,020 | 290,524 | 18% | 1,217,986 | 880,860 | 38% |
| Load Factor | 80.7% | 74.1% | 6.6 ppt | 79.8% | 71.5% | 8.4 ppt |
| Available Seat KM (ASK'000,000) | 1,341.4 | 1,207.7 | 11% | 4,673.2 | 3,747.4 | 25% |
| Revenue Passenger KM (RPK'000,000) | 1,082.7 | 895.0 | 21% | 3,730.1 | 2,677.6 | 39% |
| Stage length (KM) | 3,156 | 3,108 | 2% | 3,028 | 3,051 | -1% |
| On-Time-Performance (Arrivals) | 74.7% | 79.7% | -5.1 ppt | 76.7% | 77.3% | -0.5 ppt |
| DOMESTIC FLIGHTS | May 23 | May 22 | CHG (%) | YTD 23 | YTD 22 | CHG (%) |
| Number of Passengers | 23,109 | 25,975 | -11% | 108,304 | 99,531 | 9% |
| Load Factor | 76.6% | 79.9% | -3.3 ppt | 76.3% | 79.8% | -3.5 ppt |
| Available Seat KM (ASK'000,000) | 8.8 | 9.4 | -6% | 41.1 | 35.2 | 17% |
| On-Time-Performance (Arrivals) | 85% | 79% | 6.4 ppt | 84% | 71% | 13.0 ppt |
| Cargo & Leasing | May 23 | May 22 | CHG (%) | YTD 23 | YTD 22 | CHG (%) |
| Sold Block Hours - Leasing | 1,349 | 1,072 | 26% | 6,274 | 5,733 | 9% |
| Freight Tonne KM (FTK'000) | 15,533 | 11,564 | 34% | 73,502 | 58,854 | 25% |
| CO2 EMISSIONS | May 23 | May 22 | CHG (%) | YTD 23 | YTD 22 | CHG (%) |
| Total CO2 emissions tonnes | 88,751 | 85,227 | 4% | 338,211 | 282,621 | 20% |
| CO2 emissions per OTK | 0.76 | 0.81 | -6% | 0.77 | 0.85 | -9% |
Contact information
Investors: Iris Hulda Thorisdottir, Director Investor Relations. E-mail: iris@icelandair.is
Media: Asdis Petursdottir, Director Communications. E-mail: asdis@icelandair.is
