Icelandair: Traffic Data May 2013

The Company carried 192 thousand passengers on international flights in May.
The number of passengers was up by 16% as compared to May last year. The
capacity increase in May totalled 24% between years. The passenger load factor
was 78.7% compared to 82.0% at the same time last year. The number of
passengers on the Trans-Atlantic market increased the most or by 32%.
Passengers on this market were 45% of total passengers carried on our
international flights.

Passengers on regional flights and Greenland flights were 25 thousand in May,
which is 11% decrease from May last year. The capacity was decreased by 16%
compared to May 2012. The load factor was 70.3%, increasing by 1.9 percentage
points from last year. Sold block hours in charter flights decreased by 3%
between years. Cargo transport increased by 3% year-on-year. The number of
sold room nights at our Hotels was up by 8% from previous year. The room
utilization was 72.1%, compared to 71.1% in May last year.