Icelandair: Traffic Data March 2023

In March 2023, Icelandair‘s passengers were 255 thousand, compared to 184 thousand in March last year, which is a 38% increase. Capacity in March was 27% higher than last year. March was a record month in terms of ticket sales.  

Passengers on international flights were 230 thousand, compared to 161 thousand in March 2022, an increase of 43%. Passengers to Iceland were 118 thousand and 45 thousand from Iceland. Via passengers were around 67 thousand. On-time performance on international flights was 82%. The load factor on international flights was 81.8%, an increase of 8.2 ppt year-on-year. The load factor was especially high on flights to and from North America, 86.7%. This is a record load factor for North America flights in March.  

Passengers on domestic flights were around 25 thousand, compared to 23 thousand in March 2022. On time performance was 90%. Load factor on domestic flights was 76.3%.  

Sold block hours in the leasing operation increased by 20%. Freight measured in Freight Ton Kilometers increased by 20% compared to March last year, due to increased capacity with the introduction of a Boeing 767 widebody into the cargo fleet at the end of last year.  

             
Route Network Mar 23 Mar 22 CHG (%) YTD 23 YTD 22 CHG (%)
Number of Passengers 254,529 183,968 38% 664,288 421,978 57%
Load Factor 81.7% 73.7% 8.1 ppt 77.8% 67.2% 10.6 ppt
Available Seat KM (ASK´000,000) 867.3 683.7 27% 2,354.5 1,703.6 38%
Revenue Passenger KM (RPK´000,000) 708.9 503.7 41% 1,830.8 1,144.3 60%
             
INTERNATIONAL FLIGHTS Mar 23 Mar 22 CHG (%) YTD 23 YTD 22 CHG (%)
  To market (passengers) 118,162 91,563 29% 288,122 203,051 42%
  From market (passengers) 44,901 34,474 30% 137,111 86,089 59%
  Via market (passengers) 66,737 34,944 91% 176,543 82,245 115%
Number of Passengers 229,800 160,981 43% 601,776 371,385 62%
Load Factor 81.8% 73.6% 8.2 ppt 77.8% 67.0% 10.7 ppt
Available Seat KM (ASK´000,000) 858.1 676.0 27% 2,330.8 1,685.7 38%
Revenue Passenger KM (RPK´000,000) 701.9 497.3 41% 1,812.9 1,130.0 60%
Stage length (KM) 2,988 3,065 -3% 2,960 3,047 -3%
On-Time-Performance (Arrivals) 82.0% 74.2% 7.8 ppt 77.0% 71.8% 5.2 ppt
             
DOMESTIC FLIGHTS Mar 23 Mar 22 CHG (%) YTD 23 YTD 22 CHG (%)
Number of Passengers 24,729 22,987 8% 62,512 50,593 24%
Load Factor 76.3% 82.9% -6.7 ppt 75.8% 79.4% -3.6 ppt
Available Seat KM (ASK´000,000) 9.3 7.7 20% 23.7 18.0 32%
On-Time-Performance (Arrivals) 90% 65% 25.0 ppt 84% 60% 24.0 ppt
             
Cargo & Leasing Mar 23 Mar 22 CHG (%) YTD 23 YTD 22 CHG (%)
Sold Block Hours - Leasing 1,392 1,162 20% 3,732 3,644 2%
Freight Tonne KM (FTK´000) 15,550 12,950 20% 43,233 33,739 28%
CO2 EMISSIONS Mar 23 Mar 22 CHG (%) YTD 23 YTD 22 CHG (%)
Total CO2 emissions tonnes 64,442 52,400 23% 175,723 133,247 32%
CO2 emissions per OTK 0.76 0.83 -9% 0.79 0.91 -13%

Contact informationInvestors: Iris Hulda Thorisdottir, Director Investor Relations. E-mail: iris@icelandair.isMedia: Asdis Petursdottir, Director Communications. E-mail: asdis@icelandair.is

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