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 FLIGHTS | JUN 18 | JUN 17 | CHG (%) | YTD 18 | YTD 17 | CHG (%) |
Number of Passengers | 480,468 | 489,408 | -2% | 1,775,853 | 1,752,335 | 1% |
Load Factor | 84.4% | 85.7% | -1.4 ppt | 78.9% | 81.2% | -2.3 ppt |
Available Seat KM (ASK´000,000) | 1,821.4 | 1,790.0 | 2% | 7,067.9 | 6,653.5 | 6% |
Revenue Passenger KM (RPK´000,000) | 1,536.7 | 1,534.3 | 0% | 5,574.2 | 5,400.2 | 3% |
Stage length (KM) | 3,260 | 3,086 | 6% | 3,153 | 3,046 | 4% |
DOMESTIC AND REGIONAL FLIGHTS | JUN 18 | JUN 17 | CHG (%) | YTD 18 | YTD 17 | CHG (%) |
Number of Passengers | 28,997 | 33,145 | -13% | 156,465 | 160,528 | -3% |
Load Factor | 69.6% | 66.8% | 2.8 ppt | 62.1% | 65.3% | -3.3 ppt |
Available Seat KM (ASK´000,000) | 15.7 | 21.3 | -26% | 92.9 | 90.7 | 2% |
CHARTER FLIGHTS | JUN 18 | JUN 17 | CHG (%) | YTD 18 | YTD 17 | CHG (%) |
Fleet Utilisation | 81.8% | 100.0% | -18.2 ppt | 93.8% | 96.2% | -2.4 ppt |
Sold Block Hours | 2,992 | 2,476 | 21% | 17,685 | 12,663 | 40% |
CARGO | JUN 18 | JUN 17 | CHG (%) | YTD 18 | YTD 17 | CHG (%) |
Freight Tonne KM (FTK´000) | 10,280 | 10,773 | -5% | 60,843 | 54,226 | 12% |
HOTELS | JUN 18 | JUN 17 | CHG (%) | YTD 18 | YTD 17 | CHG (%) |
Available Hotel Room Nights | 41,210 | 40,226 | 2% | 179,504 | 176,433 | 2% |
Sold Hotel Room Nights | 32,814 | 32,162 | 2% | 136,539 | 138,421 | -1% |
Occupancy of Hotel Rooms | 79.6% | 80.0% | -0.3 ppt | 76.1% | 78.5% | -2.4 ppt |