The total number of passengers on international flights was almost 564 thousand in July, increasing by 9% compared with July last year. The capacity increase was 8%. The load factor was negatively impacted by changes to the network that were made with a short notice because of the MAX suspension and was 82.9% compared to 85.3% in the same period last year. The number of passengers to Iceland increased by 32% to Iceland, or by over 60 thousand. Icelandair has never transported as many passengers in the month of July to Iceland as this year, or a total of almost 251 thousand. Passengers on the home market from Iceland also increased by 23%, or by a total of over 11 thousand passengers. This increase in the to and from markets is partly due to the Company’s focus on minimizing the impact of the suspension of the Boeing 737 MAX aircraft and changes in the competitive environment on these markets.

The North-Atlantic market remained the biggest market in July, accounting for 45% of total passengers although the number of via passengers decreased by 10% from July last year. Arrival On-Time-Performance in the route network in July increased to 71% from 51% from the same period last year. This was achieved as a result of a number of measures taken to improve On-Time-Performance despite the impact of the MAX suspension on the flight schedule.

The number of passengers on domestic and regional flights was around 28 thousand in July, decreasing by 10% compared to the same period last year, which is in line with capacity decrease. The load factor was 72.1% and decreased slightly between years. The number of sold block hours in charter flights increased by 5% and freight increased by 6% compared to the same period last year. The number of sold room nights at Icelandair Hotels was up by 3% from last year. The room utilisation was 89.6% compared to 84.1% in July 2018.

  To market (passengers)250,93932%1,044,54629%
  From market (passengers)59,86323%370,48723%
  Via market (passengers)253,180-10%1,141,900-3%
Total Number of Passengers 563,9829%2,556,93311%
Load Factor82.9%-2.3 ppt82.0%1.8 ppt
Available Seat KM (ASK´000,000)2,099.48%9,717.48%
Revenue Passenger KM (RPK´000,000)1,741.05%7,969.410%
Stage length (KM)3,127-4%3,130-1%
On-Time-Performance (Arrivals)71.0%19.8 ppt72.0%13.9 ppt
Number of Passengers28,349-10%163,080-13%
Load Factor72.1%-0.3 ppt68.3%4.4 ppt
Available Seat KM (ASK´000,000)17.3-9%84.3-25%
Fleet Utilisation100.0%9.1 ppt94.3%0.9 ppt
Sold Block Hours2,8005%17,724-13%
Freight Tonne KM (FTK´000)10,6866%77,73110%
Available Hotel Room Nights49,962-3%257,6319%
Sold Hotel Room Nights44,7723%203,00010%
Occupancy of Hotel Rooms89.6%5.5 ppt78.8%0.9 ppt

Contact information

Investors: Íris Hulda Þórisdóttir, Director Investor Relations. E-mail:
Media: Ásdís Pétursdóttir, Communications Director. E-mail: