Icelandair Group: Traffic Data January 2013

The number of passengers on international flights was 109 thousand in January
and increased by 17% compared to January 2012. The capacity increase was 23% in
total. The passenger load factor was 69.0% decreasing by 0.5 percentage points
between years. The number of passengers on regional and Greenland flights
amounted to 21 thousand, decreasing by 7% compared to January last year.
Demand on regional flights has reduced and the Company has responded by
decreasing the capacity. The capacity in January was 12% lower than in January
last year. The passenger seat load factor was 66.0% compared to 63.1% in
January 2012. Sold block hours in the capacity sector decreased by 7% in
January. Freight increased by 10% year-on-year. The number of sold room nights
at Icelandair Hotels was up by 27% from last year. The room utilization was
46.6%, 0.9 percentage points higher than in January 2012.