The number of passengers on Icelandair flights were 519 thousand in July and decreased by 5% compared to July last year. The capacity measured in available seat kilometres (ASK) increased by 2%. The number of available seats (AS) decreased by 3%. The difference is more capacity to N-America between years resulting in 5% higher average stage length in kilometres between years. The load factor was 85.3% compared to 89.2% in July last year. In July there is similar development as in second quarter. Sales to destinations in North-America has not been in line with increased capacity while sales to Europe have been strong. Load factors on Icelandair´s routes in Europe were 90.7%, an increase of 2.9 percentage points from last year while load factors to North America were 81.9%, a decrease of 8.9 percentage points from last year. The number of passengers travelling from Iceland and on the tourist market to Iceland increased between years, but passengers on the N-Atlantic market decreased compared to last year.
The number of passengers on domestic and regional flights were just short of 32 thousand, decreasing by 14% compared to July last year. Flights to Belfast, Aberdeen and between Keflavik and Akureyri stopped mid of May, explaining the reduction in the number of passengers. The load factor was 72.4% increasing by 2.6 ppt from July last year. Sold block hours in charter flights increased by 7% between years. Freight decreased by 6%. The number of available room nights at the Company’s Hotels was up by 9% from last year. The room occupancy was 84.1% compared to 87.4% in July 2017.
INTERNATIONAL FLIGHTS | JUL 18 | JUL 17 | CHG (%) | YTD 18 | YTD 17 | CHG (%) |
Number of Passengers | 519,332 | 545,230 | -5% | 2,295,185 | 2,297,565 | 0% |
Load Factor | 85.3% | 89.2% | -3.9 ppt | 80.2% | 82.9% | -2.7 ppt |
Available Seat KM (ASK´000,000) | 1,942.3 | 1,906.9 | 2% | 9,010.2 | 8,560.4 | 5% |
Revenue Passenger KM (RPK´000,000) | 1,656.3 | 1,700.6 | -3% | 7,230.6 | 7,100.9 | 2% |
Stage length (KM) | 3,244 | 3,079 | 5% | 3,172 | 3,053 | 4% |
DOMESTIC AND REGIONAL FLIGHTS | JUL 18 | JUL 17 | CHG (%) | YTD 18 | YTD 17 | CHG (%) |
Number of Passengers | 31,523 | 36,550 | -14% | 187,988 | 197,078 | -5% |
Load Factor | 72.4% | 69.7% | 2.6 ppt | 63.8% | 66.3% | -2.5 ppt |
Available Seat KM (ASK´000,000) | 19.0 | 26.7 | -29% | 111.9 | 117.4 | -5% |
CHARTER FLIGHTS | JUL 18 | JUL 17 | CHG (%) | YTD 18 | YTD 17 | CHG (%) |
Fleet Utilisation | 90.9% | 100.0% | -9.1 ppt | 93.4% | 96.7% | -3.3 ppt |
Sold Block Hours | 2,669 | 2,489 | 7% | 20,353 | 15,151 | 34% |
CARGO | JUL 18 | JUL 17 | CHG (%) | YTD 18 | YTD 17 | CHG (%) |
Freight Tonne KM (FTK´000) | 10,081 | 10,778 | -6% | 70,925 | 65,004 | 9% |
HOTELS | JUL 18 | JUL 17 | CHG (%) | YTD 18 | YTD 17 | CHG (%) |
Available Hotel Room Nights | 51,475 | 45,647 | 13% | 230,979 | 222,080 | 4% |
Sold Hotel Room Nights | 43,276 | 39,882 | 9% | 179,815 | 178,303 | 1% |
Occupancy of Hotel Rooms | 84.1% | 87.4% | -3.3 ppt | 77.8% | 80.3% | -2.4 ppt |
For further information please contact:
Björgólfur Jóhannsson, Chief Executive Officer of Icelandair Group, tel: +354-896-1455
Bogi Nils Bogason, Chief Financial Officer of Icelandair Group, tel: +354-665-8801
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