In November 2023, Icelandair transported 282,497 passengers the troubled firm has reported this week, which is a 13% increase on the same month last year. According to the carrier, it saw the largest increase in passengers travelling via Iceland to and from North America, which was up by some 37%.
Icelandair's load Factor was fairly static at 75.4% improving by just 1.9 % despite a higher advertising and promotion campaign and the airline's on-time performance was 84.5%.
Bogi Nils Bogason, Icelandair's CEO said: “In November, we continued seeing an increase in the number of passengers and a stronger load factor compared to last year, on 12% capacity increase. This is despite some negative impact on the booking flow sparked by media reporting on the Reykjanes peninsula seismic activity. Going forward, there is some impact on bookings and revenues for the next few months but looking at the longer term the booking flow is moving towards its former strength.
In 2023, we have transported four million passengers. I am very proud of the Icelandair team and thankful to our loyal passengers for these results and already look forward to the year 2024 where we will continue to use the Company’s strengths and flexibility to address challenges and seize opportunities in our markets.”
