Icelandair: Traffic Data January 2023

In January 2023, Icelandair’s passengers were 210 thousand, compared to 113 thousand in January last year. Capacity in January was 93% of January 2020 levels, the last normal operating January before the pandemic, and 79% of 2019 levels.

Passengers on international flights were 191 thousand, compared to 102 thousand in January 2022, an increase of 88%. Passengers to Iceland were 75 thousand and from Iceland 47 thousand. Via passengers were around 69 thousand. On-time performance on international flights was 75%. On time performance and passenger numbers were affected by weather related disruptions in January. The load factor on international flights improved significantly from 59.5% in January 2022 to 74.6% in January this year.

Passengers on domestic flights were 18,500, compared to around 12 thousand in January 2022. On time performance was 84%. Load factor on domestic flights was 72.4%. Weather in Iceland caused disruption in the domestic network in January, affecting on time performance and passenger numbers.

Sold block hours in charter flights decreased by 3%. Freight measured in Freight Ton Kilometers increased by 31% compared to January last year. The increase in cargo is due to increased capacity with the introduction of a Boeing 767 widebody into the cargo fleet.

Route Network	Jan 23	Jan 22	CHG (%)
Number of Passengers	209,981	113,403	85%
Load Factor	74.6%	59.6%	15.0 ppt
Available Seat KM (ASK´000,000)	797.5	534.1	49%
Revenue Passenger KM (RPK´000,000)	594.7	318.3	87%
INTERNATIONAL FLIGHTS	Jan 23	Jan 22	CHG (%)
To market (passengers)	74,691	45,322	65%
From market (passengers)	47,493	24,751	92%
Via market (passengers)	69,277	31,608	119%
Number of Passengers	191,461	101,681	88%
Load Factor	74.6%	59.5%	15.1 ppt
Available Seat KM (ASK´000,000)	790.1	529.5	49%
Revenue Passenger KM (RPK´000,000)	589.3	314.9	87%
Stage length (KM)	3,000	3,082	-3%
On-Time-Performance (Arrivals)	75.0%	73.0%	2.0 ppt
DOMESTIC FLIGHTS	Jan 23	Jan 22	CHG (%)
Number of Passengers	18,520	11,722	58%
Load Factor	72.4%	72.9%	-0.5 ppt
Available Seat KM (ASK´000,000)	7.4	4.7	60%
On-Time-Performance (Arrivals)	84%	65%	19.0 ppt
Cargo & Leasing	Jan 23	Jan 22	CHG (%)
Sold Block Hours - Leasing	1,051	1,083	-3%
Freight Tonne KM (FTK´000)	13,834	10,600	31%
CO2 EMISSIONS	Jan 23	Jan 22	CHG (%)
Total CO2 emissions tonnes	57,850	41,470	39%
CO2 emissions per OTK	0.83	1.07	-23%

Contact information
Investors: Iris Hulda Thorisdottir, Director Investor Relations. E-mail: iris@icelandair.is
Media: Asdis Petursdottir, Director Communications. E-mail: asdis@icelandair.is

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