Sunday, 8 July 2018

Icelandair's June Figures

Iceland's full-service friendly airline, Icelandair released its June figures earlyer this week which showed a reduction on the number of passengers it carried on international flights over the same period last year.

480,000 people flew with the carrier in June, which was a 2% reduction over 2017's June. The capacity measured in available seat kilometres (ASK) increased by 2%.  The number of available seats (AS) decreased by 4%.  The difference is more capacity to North America between years resulting in 6% higher average stage length in kilometres between years.   

The airline's load factor was 84.4% compared to 85.7% in June last year, despite a vast increase in competition from its low-cost rivals.  The number of passengers travelling from Iceland increased significantly between years, but passengers on the tourist market to Iceland and on the N-Atlantic market decreased compared to last year.

The number of passengers on domestic and regional flights were around 29 thousand, decreasing by 13% compared to June last year. Flights to Belfast, Aberdeen and between Keflavik and Akureyri stopped mid of May, explaining the reduction in the number of passengers.  The load factor was 69.6% increasing by 2.8 ppt from June last year. Sold block hours in charter flights increased by 21% between years, as a result of new long-term assignments. Freight decreased by 5%. 




INTERNATIONAL FLIGHTSJUN 18JUN 17CHG (%)YTD 18YTD 17CHG (%)
Number of Passengers480,468489,408-2%1,775,8531,752,3351%
Load Factor84.4%85.7%-1.4 ppt78.9%81.2%-2.3 ppt
Available Seat KM (ASK´000,000)1,821.41,790.02%7,067.96,653.56%
Revenue Passenger KM (RPK´000,000)1,536.71,534.30%5,574.25,400.23%
Stage length (KM)3,2603,0866%3,1533,0464%
       
DOMESTIC AND REGIONAL FLIGHTSJUN 18JUN 17CHG (%)YTD 18YTD 17CHG (%)
Number of Passengers28,99733,145-13%156,465160,528-3%
Load Factor69.6%66.8%2.8 ppt62.1%65.3%-3.3 ppt
Available Seat KM (ASK´000,000)15.721.3-26%92.990.72%
       
CHARTER FLIGHTSJUN 18JUN 17CHG (%)YTD 18YTD 17CHG (%)
Fleet Utilisation81.8%100.0%-18.2 ppt93.8%96.2%-2.4 ppt
Sold Block Hours2,9922,47621%17,68512,66340%
       
CARGOJUN 18JUN 17CHG (%)YTD 18YTD 17CHG (%)
Freight Tonne KM (FTK´000)10,28010,773-5%60,84354,22612%
       
HOTELSJUN 18JUN 17CHG (%)YTD 18YTD 17CHG (%)
Available Hotel Room Nights41,21040,2262%179,504176,4332%
Sold Hotel Room Nights32,81432,1622%136,539138,421-1%
Occupancy of Hotel Rooms79.6%80.0%-0.3 ppt76.1%78.5%-2.4 ppt

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