Icelandair: Considerable increase on the via market, improved load factor and on-time performance
08 April 2024 - 6:57PM
UK Regulatory
Icelandair: Considerable increase on the via market, improved load
factor and on-time performance
In March 2024, Icelandair transported 298 thousand passengers,
which represents a 25% increase in passenger traffic as measured by
Revenue Passenger Kilometers (RPK) on a capacity increase of 22%
compared to March 2023. During the month, 39% of passengers were
traveling to Iceland, 19% from Iceland, 34% were via passengers,
and 8% were traveling within Iceland. Load factor was 83.1% and
on-time performance was 88.5%, increasing by 4.7 ppt from the
already solid performance in March 2023.
Bogi Nils Bogason, Icelandair president and
CEO:
“We continue seeing strong traffic numbers, with 25% increase in
passenger traffic as compared to March last year. The traffic
figures are impacted by an unusually early Easter traffic. During
the month, we saw 50% increase in the number of via passengers and
13% increase on the from market while the number of passengers on
the to market grew by 4%. These figures underscore the flexibility
of our route network, allowing us to align capacity to developments
in demand and, in this case, focus our capacity and sales efforts
on the via and from markets where the demand was stronger.
Furthermore, we maintain our strong on-time performance and
consistently high load factor despite a 22% capacity increase. This
success is thanks to the excellent performance of our
employees.”
Contact information:
Investors: Iris Hulda Thorisdottir, Director Investor Relations.
E-mail: iris@icelandair.is
Asdis Petursdottir, Director Communications.
E-mail: asdis@icelandair.is
Icelandair Group Hf (LSE:0ERU)
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Icelandair Group Hf (LSE:0ERU)
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From Dec 2023 to Dec 2024
