Icelandair Group — Earnings Release 2015

Sep 7, 2015

Traffic Data August 2015

Traffic Data August 2015

The Company carried 413 thousand passengers on international flights in August.
The number of passengers was up by 17% as compared to August last year. The
passenger load factor was 89.2% increasing by 3.0 percentage points between
years, the highest load factor until now in August. The capacity increase
totalled 14% between years.

Passengers on regional flights and Greenland flights were 33 thousand in
August, which is 3% increase compared to August last year. The capacity was
the same as in August 2014. The load factor was 77.5%, increasing by 3.4
percentage points from last year. Sold block hours in charter flights
increased by 7% between years. Cargo transport increased by 5% year-on-year.
The number of sold room nights at our Hotels increased by 3% compared to
previous year. The room utilization was 88.8%, compared to 88.3% in August last
year.

INTERNATIONAL FLIGHTS AUG 15 AUG 14 CHG(%) YTD 15 YTD 14 CHG (%)

Number of Passengers 412,601 353,766 17% 2,128,230 1,811,781 17%
Load Factor 89.2% 86.2% 3.0 ppt 84.0% 80.9% 3.1 ppt
Available Seat KM 1,394.7 1,223.3 14% 7,575.2 6,653.7 14%
(ASK´000,000)
REGIONAL AND GREENLAND AUG 15 AUG 14 CHG(%) YTD 15 YTD 14 CHG (%)
FLIGHTS

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Number of Passengers 33,257 32,338 3% 204,730 203,373 1%
Load Factor 77.5% 74.1% 3.4 ppt 73.8% 71.2% 2.6 ppt
Available Seat KM 20.0 20.0 0% 105.0 106.5 -1%
(ASK´000,000)
CHARTER FLIGHTS AUG 15 AUG 14 CHG(%) YTD 15 YTD 14 CHG (%)

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Fleet Utilization 100.0% 100.0% 0.0 ppt 98.4% 90.9% 7.5 ppt
Sold Block Hours 2,087 1,958 7% 15,323 14,419 6%
CARGO AUG 15 AUG 14 CHG(%) YTD 15 YTD 14 CHG (%)

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Available Tonne KM 26,552 23,534 13% 165,076 146,099 13%
(ATK´000)
Freight Tonne KM 7,784 7,436 5% 65,244 64,540 1%
(FTK´000)
HOTELS AUG 15 AUG 14 CHG(%) YTD 15 YTD 14 CHG (%)

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Available Hotel Room 36,800 35,850 3% 229,739 225,643 2%
Nights
Sold Hotel Room Nights 32,693 31,647 3% 185,798 175,670 6%
Utilization of Hotel 88.8% 88.3% 0.6 ppt 80.9% 77.9% 3.0 ppt
Rooms

For further detailed information please contact:

Bogi Nils Bogason, CFO, Icelandair Group tel: + 354 665-8801
Íris Hulda Þórisdóttir, Director Investor Relations, Icelandair Group tel: +
354 840-7010

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