The operations of Icelandair Group continued to be heavily impacted by the COVID-19 pandemic in August. Although some travel restrictions had been lifted from 15 June and Icelandair had somewhat expanded its flight schedule again, new travel restrictions were implemented on 19 August affecting demand to and from Iceland for the remainder of the month. The Company’s freight services continued to decrease much less due to the situation than the capacity reduction of the Icelandair route network.
The total number of Icelandair’s passengers in August were around 67,100, decreasing by 88% from August 2019. The number of passengers to Iceland were around 52,600 and from Iceland almost 13,200. Number of via passengers was insignificant, reduced by 99%. The load factor on Icelandair’s flights was 67.8% compared to 83.2% in August 2019. The total capacity was 89% less than in August last year. On-time performance was 96% in August 2020 compared to 75% in August 2019.
The number of passengers on domestic flights was around 12,500 in August, decreasing by 58% from the year before. The total capacity was down by 66%. The load factor was 64.9% compared with 76.3% the year before.
The number of sold block hours in charter flights decreased by 77%. Freight decreased by 23%, measured in Freight Tonne Kilometres.
| INTERNATIONAL FLIGHTS | AUG 20 | CHG (%) | YTD 20 | CHG (%) |
| Number of Passengers | 67,113 | -88% | 722,117 | -77% |
| Load Factor | 67.8% | -15.4 ppt | 69.5% | -12.7 ppt |
| Available Seat KM (ASK´000,000) | 225.3 | -89% | 2,894.5 | -75% |
| Revenue Passenger KM (RPK´000,000) | 152.7 | -91% | 2,012.2 | -79% |
| Stage length (KM) | 2,294 | -27% | 2,790 | -11% |
| On-Time-Performance (Arrivals) | 96.0% | 21.0 ppt | 84.0% | 12.0 ppt |
| DOMESTIC AND REGIONAL FLIGHTS | AUG 20 | CHG (%) | YTD 20 | CHG (%) |
| Number of Passengers | 12,503 | -58% | 92,186 | -52% |
| Load Factor | 64.9% | -11.4 ppt | 68.3% | -1.3 ppt |
| Available Seat KM (ASK´000,000) | 5.9 | -66% | 42.6 | -58% |
| CHARTER AND CARGO FLIGHTS | AUG 20 | CHG (%) | YTD 20 | CHG (%) |
| Sold Block Hours - Charter | 575 | -77% | 11,644 | -42% |
| Freight Tonne KM (FTK´000) | 8,154 | -23% | 74,332 | -16% |
Contact information
Investors: Iris Hulda Thorisdottir, Director Investor Relations. E-mail: iris@icelandairgroup.is
Media: Asdis Petursdottir, Director Communications. E-mail: asdis@icelandair.is