Thursday, 7 March 2019

Icelandair's February results

Photo Icelandair
The Icelandic flag carrier Icelandair saw international passenger numbers increase by 9% during the month of February the latest figures released by the troubled airline reveal.

In total Icelandair carried 208,252 passengers on its international flights, an increase of 9% compared to February last year. The capacity increase was 8% and the load factor was 75.6% compared to 74.3% in February last year. 

The number of passengers on domestic and regional flights decreased by 10% to a little over 19,500, which the airline blames on the axing of a number of flights to cut costs, including services to Belfast, and Aberdeen, as well as several domestic rotations. 

The load factor on domestic and regional flights was 66.0% that's up by 3.4 percentage points comparted to last year. The number of sold block hours in charter flights decreased by 16% between years, due to fewer projects than at the same time last year.  Freight increased by 6%. The number of sold room nights at the Company’s Hotels was up by 20% from last year. The room utilisation was 79.0% compared to 84.9% in February 2018.  The main reason for lower utilisation in our hotels in rural areas.






INTERNATIONAL FLIGHTSFEB 19FEB 18CHG (%)YTD 19YTD 18CHG (%)
Number of Passengers208,252190,7209%434,989400,1189%
Load Factor75.6%74.3%1.3 ppt73.6%73.2%0.4 ppt
Available Seat KM (ASK´000,000)832.4767.58%1,827.31,674.49%
Revenue Passenger KM (RPK´000,000)629.2570.010%1,344.81,226.010%
Stage length (KM)3,0473,0141%3,0813,0481%
       
DOMESTIC AND REGIONAL FLIGHTSFEB 19FEB 18CHG (%)YTD 19YTD 18CHG (%)
Number of Passengers19,56021,850-10%39,12944,149-11%
Load Factor66.0%62.6%3.4 ppt61.3%60.0%1.2 ppt
Available Seat KM (ASK´000,000)9.212.5-27%19.626.5-26%
       
CHARTER FLIGHTSFEB 19FEB 18CHG (%)YTD 19YTD 18CHG (%)
Fleet Utilisation90.9%100.0%-9.1 ppt91.3%100.0%-8.7 ppt
Sold Block Hours2,2742,694-16%4,9255,709-14%
       
CARGOFEB 19FEB 18CHG (%)YTD 19YTD 18CHG (%)
Freight Tonne KM (FTK´000)9,8809,3376%20,34319,8353%
       
HOTELSFEB 19FEB 18CHG (%)YTD 19YTD 18CHG (%)
Available Hotel Room Nights28,89924,13620%62,31750,89322%
Sold Hotel Room Nights22,83620,50311%44,50939,21114%
Occupancy of Hotel Rooms79.0%84.9%-5.9 ppt71.4%77.0%-5.6 ppt


Related Posts Plugin for WordPress, Blogger...