Icelandair: Traffic Data July 2023

    Icelandair: Traffic Data July 2023  

Icelandair transported 567 thousand passengers in July 2023, a 7% increase compared to July last year. This is the highest number of passengers carried in one month since July 2019, when passengers were around 590 thousand.  

Passengers on international flights were 543 thousand, and thereof 48% were traveling to Iceland, 11% from Iceland, and 41% were via passengers. The load factor was 86.4% on 16% more capacity than in July last year. Demand continued to be particularly strong on North American routes. On-time performance on international flights was 73%, which is a significant improvement over last year but below the Company’s long-term goals. 

Passengers on domestic flights were 24 thousand. The load factor was nearly 70% and on-time performance was 86%, significantly improving from last year by 11 percentage points.  

Freight carried, measured in Freight Ton Kilometers (FTK), increased by 63% between years due to a larger flight schedule and longer flight distances. There was less increase in tons carried, or 17% year-on-year. Sold block hours in the leasing operation decreased by 2%. 

Route Network	Jul 23	Jul 22	CHG (%)	YTD 23	YTD 22	CHG (%)
Number of Passengers	566,777	529,189	7%	2,411,595	1,940,988	24%
Load Factor	86.4%	89.5%	-3.1 ppt	82.7%	78.5%	4.2 ppt
Available Seat KM (ASK´000,000)	2,008.7	1,731.6	16%	8,589.7	7,038.5	22%
Revenue Passenger KM (RPK´000,000)	1,736.2	1,550.6	12%	7,102.1	5,524.6	29%
INTERNATIONAL FLIGHTS	Jul 23	Jul 22	CHG (%)	YTD 23	YTD 22	CHG (%)
To market (passengers)	261,758	230,253	14%	1,005,655	819,141	23%
From market (passengers)	58,037	57,335	1%	367,616	304,582	21%
Via market (passengers)	223,030	216,737	3%	880,769	668,344	32%
Number of Passengers	542,825	504,326	8%	2,254,039	1,792,067	26%
Load Factor	86.5%	89.6%	-3.1 ppt	82.7%	78.5%	4.2 ppt
Available Seat KM (ASK´000,000)	1,998.5	1,721.9	16%	8,529.1	6,984.0	22%
Revenue Passenger KM (RPK´000,000)	1,729.1	1,543.4	12%	7,056.3	5,482.2	29%
Stage length (KM)	3,175	3,073	3%	3,097	3,069	1%
On-Time-Performance (Arrivals)	73.0%	63.5%	9.5 ppt	74.0%	71.7%	2.3 ppt
DOMESTIC FLIGHTS	Jul 23	Jul 22	CHG (%)	YTD 23	YTD 22	CHG (%)
Number of Passengers	23,952	24,863	-4%	157,555	148,921	6%
Load Factor	69.8%	74.5%	-4.7 ppt	75.6%	77.9%	-2.3 ppt
Available Seat KM (ASK´000,000)	10.2	9.7	6%	60.6	54.4	11%
On-Time-Performance (Arrivals)	86%	75%	11.0 ppt	85%	72%	13.0 ppt
Cargo & Leasing	Jul 23	Jul 22	CHG (%)	YTD 23	YTD 22	CHG (%)
Sold Block Hours - Leasing	1,325	1,348	-2%	8,855	8,280	7%
Freight Tonne KM (FTK´000)	15,068	9,249	63%	104,215	78,430	33%
CO2 EMISSIONS	Jul 23	Jul 22	CHG (%)	YTD 23	YTD 22	CHG (%)
Total CO2 emissions tonnes	136,173	122,209	11%	599,174	511,243	17%
CO2 emissions per OTK	0.72	0.72	0%	0.75	0.79	-5%

Contact informationInvestors: Iris Hulda Thorisdottir, Director Investor Relations. E-mail: [e-mail]: Asdis Petursdottir, Director Communications. E-mail: [e-mail]