The Company carried 260 thousand passengers on international flights in March. The number of passengers was up by 4% as compared to March last year. The capacity increase between years was 7%. The passenger load factor was 81.9% compared to 80.7% at the same time last year. Passengers on domestic and regional flights were 28 thousand, which is 2% decrease from last year. The capacity was 7% higher than in March 2017. The load factor was 59.9%. Sold block hours in charter flights increased by 25% between years. Cargo transport increased by 5% year-on-year.
The number of available hotel room nights increased by 4% between years due to the opening of Reykjavik Konsulat Hotel in the center of Reykjavik. The room utilisation at the Company’s Hotels decreased between years was 78.0% compared to 86.0% in March 2017. Less occupancy is mainly explained by the Reykjavik Konsulat Hotel. The first operating month of a new hotel is usually low in occupancy since it has only been bookable for a short period of time.
| INTERNATIONAL FLIGHTS | MAR 18 | MAR 17 | CHG (%) | YTD 18 | YTD 17 | CHG (%) |
| Number of Passengers | 259,947 | 248,865 | 4% | 659,153 | 654,863 | 1% |
| Load Factor | 81.9% | 80.7% | 1.2 ppt | 76.3% | 76.9% | -0.6 ppt |
|
Available Seat KM (ASK´000,000) |
1,000.1 | 938.6 | 7% | 2,675.6 | 2,566.6 | 4% |
|
DOMESTIC AND REGIONAL FLIGHTS |
MAR 18 | MAR 17 | CHG (%) | YTD 18 | YTD 17 | CHG (%) |
| Number of Passengers | 28,294 | 28,752 | -2% | 72,443 | 71,471 | 1% |
| Load Factor | 59.9% | 62.3% | -2.4 ppt | 60.0% | 63.9% | -3.9 ppt |
|
Available Seat KM (ASK´000,000) |
17.5 | 16.4 | 7% | 44.0 | 38.8 | 13% |
| CHARTER FLIGHTS | MAR 18 | MAR 17 | CHG (%) | YTD 18 | YTD 17 | CHG (%) |
| Fleet Utilisation | 100.0% | 100.0% | 0.0 ppt | 100.0% | 99.0% | 1.0 ppt |
| Sold Block Hours | 2,949 | 2,360 | 25% | 8,658 | 6,078 | 42% |
| CARGO | MAR 18 | MAR 17 | CHG (%) | YTD 18 | YTD 17 | CHG (%) |
| Freight Tonne KM (FTK´000) | 10,546 | 10,005 | 5% | 30,537 | 24,927 | 23% |
| HOTELS | MAR 18 | MAR 17 | CHG (%) | YTD 18 | YTD 17 | CHG (%) |
| Available Hotel Room Nights | 28,872 | 27,807 | 4% | 79,765 | 80,730 | -1% |
| Sold Hotel Room Nights | 22,509 | 23,912 | -6% | 61,720 | 64,657 | -5% |
| Occupancy of Hotel Rooms | 78.0% | 86.0% | -8.0 ppt | 77.4% | 80.1% | -2.7 ppt |
For further detailed 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
