Friday, 6 September 2019

Icelandair carried 7% more people this August than a year ago

The total number of passengers on Icelandair’s flights was around 560 thousand in August, increasing by 7% compared with August last year. The capacity increase was 7%. The load factor was 83.2% compared to 86% in the same period last year, negatively impacted by the suspension of the Boeing 737 MAX aircraft.

The market to Iceland was the largest market in August accounting for 47% of total passengers, with the number of passengers to Iceland amounting to 261 thousand, increasing by 29% compared to August last year. Passengers on the home market from Iceland were close to 54 thousand, increasing by 14%. This increase in the to and from markets is partly due to the Company’s focus on minimizing the impact of the suspension of the MAX aircraft and changes in the competitive environment on these markets. The North-Atlantic market accounted for 44% of total passengers, with the number of via passengers decreasing by 10% from August last year.

Arrival On-Time-Performance in the route network in August increased to 75% from 60% from the same period last year. This was achieved as a result of a number of measures taken to improve On-Time-Performance despite the impact of the MAX suspension on the flight schedule.

The number of passengers on domestic and regional flights was almost 30 thousand in August, decreasing by 9% compared to the same period last year, which is in line with capacity decrease. The load factor was 76.3%, increasing from 70.8% in August last year. The number of sold block hours in charter flights decreased by 14% and freight increased by 3% compared to the same period last year. The number of sold room nights at Icelandair Hotels was up by 1% from last year. In August, room occupancy increased from 89.9% to 92.8%. Overall occupancy in the countryside increased by 7 ppt, while occupancy in Reykjavik increased by 0.2 ppt.

  To market (passengers)260,72729%1,305,27329%
  From market (passengers)53,56614%424,05321%
  Via market (passengers)245,802-10%1,387,702-5%
Total Number of Passengers560,0947%3,117,02711%
Load Factor83.2%-2.7 ppt82.2%1.0 ppt
Available Seat KM (ASK´000,000)2,081.37%11,798.78%
Revenue Passenger KM (RPK´000,000)1,732.23%9,701.69%
Stage length (KM)3,122-5%3,129-2%
On-Time-Performance (Arrivals)75.0%15.0 ppt72.0%13.6 ppt
Number of Passengers29,857-9%192,937-13%
Load Factor76.3%5.5 ppt69.6%4.7 ppt
Available Seat KM (ASK´000,000)17.6-13%102.0-23%
Fleet Utilisation100.0%9.1 ppt94.9%1.8 ppt
Sold Block Hours2,525-14%20,249-13%
Freight Tonne KM (FTK´000)10,5933%88,3259%
Available Hotel Room Nights43,064-2%300,6957%
Sold Hotel Room Nights39,9811%242,9819%
Occupancy of Hotel Rooms92.8%2.9 ppt80.8%1.0 ppt

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