6.4.2018 18:48 |
Traffic Data March 20186.4.2018 18:48Traffic Data March 2018
The Company carried 260 thousand passengers on international flights in March. The number of passengers was up by 4% as compared to March last year. The capacity increase between years was 7%. The passenger load factor was 81.9% compared to 80.7% at the same time last year. Passengers on domestic and regional flights were 28 thousand, which is 2% decrease from last year. The capacity was 7% higher than in March 2017. The load factor was 59.9%. Sold block hours in charter flights increased by 25% between years. Cargo transport increased by 5% year-on-year.
The number of available hotel room nights increased by 4% between years due to the opening of Reykjavik Konsulat Hotel in the center of Reykjavik. The room utilisation at the Company’s Hotels decreased between years was 78.0% compared to 86.0% in March 2017. Less occupancy is mainly explained by the Reykjavik Konsulat Hotel. The first operating month of a new hotel is usually low in occupancy since it has only been bookable for a short period of time.
INTERNATIONAL FLIGHTS |
MAR 18 |
MAR 17 |
CHG (%) |
YTD 18 |
YTD 17 |
CHG (%) |
Number of Passengers |
259,947 |
248,865 |
4% |
659,153 |
654,863 |
1% |
Load Factor |
81.9% |
80.7% |
1.2 ppt |
76.3% |
76.9% |
-0.6 ppt |
Available Seat KM
(ASK´000,000) |
1,000.1 |
938.6 |
7% |
2,675.6 |
2,566.6 |
4% |
|
|
|
|
|
|
|
DOMESTIC AND
REGIONAL FLIGHTS |
MAR 18 |
MAR 17 |
CHG (%) |
YTD 18 |
YTD 17 |
CHG (%) |
Number of Passengers |
28,294 |
28,752 |
-2% |
72,443 |
71,471 |
1% |
Load Factor |
59.9% |
62.3% |
-2.4 ppt |
60.0% |
63.9% |
-3.9 ppt |
Available Seat KM
(ASK´000,000) |
17.5 |
16.4 |
7% |
44.0 |
38.8 |
13% |
|
|
|
|
|
|
|
CHARTER FLIGHTS |
MAR 18 |
MAR 17 |
CHG (%) |
YTD 18 |
YTD 17 |
CHG (%) |
Fleet Utilisation |
100.0% |
100.0% |
0.0 ppt |
100.0% |
99.0% |
1.0 ppt |
Sold Block Hours |
2,949 |
2,360 |
25% |
8,658 |
6,078 |
42% |
|
|
|
|
|
|
|
CARGO |
MAR 18 |
MAR 17 |
CHG (%) |
YTD 18 |
YTD 17 |
CHG (%) |
Freight Tonne KM (FTK´000) |
10,546 |
10,005 |
5% |
30,537 |
24,927 |
23% |
|
|
|
|
|
|
|
HOTELS |
MAR 18 |
MAR 17 |
CHG (%) |
YTD 18 |
YTD 17 |
CHG (%) |
Available Hotel Room Nights |
28,872 |
27,807 |
4% |
79,765 |
80,730 |
-1% |
Sold Hotel Room Nights |
22,509 |
23,912 |
-6% |
61,720 |
64,657 |
-5% |
Occupancy of Hotel Rooms |
78.0% |
86.0% |
-8.0 ppt |
77.4% |
80.1% |
-2.7 ppt |
For further detailed information please contact:
Bogi Nils Bogason, CFO, Icelandair Group tel: + 354 665-8801
Íris Hulda Þórisdóttir, Director Investor Relations, Icelandair Group tel: + 354 840-7010 Attachment (.pdf)
|
9.3.2018 17:37 |
Icelandair Group hf.: Transactions in relation to share repurchase program9.3.2018 17:37Icelandair Group hf.: Transactions in relation to share repurchase program
In Week 10 2018, Icelandair Group hf. (The “Company”) purchased 21,197,337 of its own shares. The total purchase price is ISK 338,744,072, as detailed below:
Date |
Time |
Purchased shares |
Share price |
Turnover |
No. of own shares after transaction |
5.3.2018 |
14:00 |
5.000.000 |
16,25 |
81.250.000 |
144.460.000 |
5.3.2018 |
14:19 |
40.232 |
16,25 |
653.770 |
144.500.232 |
6.3.2018 |
10:16 |
2.000.000 |
16,30 |
32.600.000 |
146.500.232 |
6.3.2018 |
11:00 |
1.000.000 |
16,30 |
16.300.000 |
147.500.232 |
7.3.2018 |
09:30 |
500.000 |
15,80 |
7.900.000 |
148.000.232 |
7.3.2018 |
09:30 |
500.000 |
15,80 |
7.900.000 |
148.500.232 |
7.3.2018 |
09:31 |
1.000.000 |
15,75 |
15.750.000 |
149.500.232 |
7.3.2018 |
09:47 |
1.000.000 |
15,85 |
15.850.000 |
150.500.232 |
7.3.2018 |
09:47 |
2.040.232 |
15,85 |
32.337.677 |
152.540.464 |
8.3.2018 |
09:48 |
3.000.000 |
15,95 |
47.850.000 |
155.540.464 |
8.3.2018 |
10:43 |
2.040.232 |
15,90 |
32.439.689 |
157.580.696 |
9.3.2018 |
12:33 |
76.641 |
15,50 |
1.187.936 |
157.657.337 |
9.3.2018 |
14:16 |
3.000.000 |
15,58 |
46.725.000 |
160.657.337 |
Prior to the aforementioned share repurchase, the Company owned 139,460,000 of its own shares but now owns 160,657,337 of its own shares, corresponding to 3.21% of the Company‘s total share capital.
The trade is in accordance with a share repurchase program authorized by the Annual General Meeting on the 3rd of March 2017 and has been put in motion according to an announcement published in NASDAQ Iceland on the 1st of March 2018.
Icelandair Group hf. has acquired 21,197,337 of its own shares under the program which corresponds to 0.42% of the total share capital and the total value of repurchased shares amounts to ISK 338,744,072. According to the program, The Company may not purchase more than 50,000,000 of its own shares, corresponding to 1.00% of the total share capital. The total consideration for shares under the program shall not exceed ISK 750 million. The share repurchase program is valid until September 3rd 2018 or until the total allowed amount of shares are purchased by the Company, whichever happens first.
The share repurchase program is executed in accordance with Chapter VIII. of Act No. 2/1995 on Public Limited Companies and Chapter II of the Annex to Regulation No. 630/2005 on Inside Information and Market Abuse, with later amendments.
For further information, please contact:
Bogi Nils Bogason, CFO
bogi@icelandairgroup.is
Tel: +354 665 8801
|
8.3.2018 20:05 |
Results of AGM 20188.3.2018 20:05Results of AGM 2018
Attached are the results of the AGM 2018 and the Minutues of the meeting Attachment (.pdf) Attachment (.pdf)
|
8.3.2018 16:37 |
Icelandair Group Annual Report 20178.3.2018 16:37Icelandair Group Annual Report 2017
The Annual Report for 2017 is now available on the Company's website.
https://www.icelandairgroup.is/investors/reports-and-presentations/annual-reports/
|
6.3.2018 16:36 |
Traffic Data February 20186.3.2018 16:36Traffic Data February 2018
The number of passenger on international flights was 191 thousand in February and decreased by 5% compared to February last year. The decrease is mainly due to less passengers on the tourist market to Iceland. The demand was not in line with the total capacity increase on that market. The total capacity decreased by 1% and the passenger load factor was 74.3% compared to 75.9% in February last year.
The number of passengers on domestic and regional flights were just short of 22 thousand, decreasing by 3% compared to February last year. There was a great deal of weather disruptions during the month, and thus a significant number of domestic flights were cancelled. The capacity in February was 11% higher than in February last year, due to flights to Belfast in cooperation with Icelandair, which started in June 2017 and flights on the route between Keflavik and Akureyri which started in the end of February 2017. The passenger load factor was 62.6%.
Sold block hours in charter flights increased by 44% between as a result of new long-term assignments. Freight increased by 24% due to more import to Iceland, but a strike in the seafood industry in Iceland last year, which effected the export of fish negatively, also affects the comparison. The number of sold room nights at the Company’s Hotels was down by 5% from last year. The main reason is closing of hotel rooms in Icelandair Hotel Natura due to renovation. The number of sold hotel rooms increased between years at all other hotels. The room utilisation was 81.6% compared to 85.6% in February 2017.
INTERNATIONAL FLIGHTS |
FEB 18 |
FEB 17 |
CHG (%) |
YTD 18 |
YTD 17 |
CHG (%) |
Number of Passengers |
190,720 |
200,264 |
-5% |
399,646 |
405,998 |
-2% |
Load Factor |
74.3% |
75.9% |
-1.6 ppt |
73.1% |
74.7% |
-1.6 ppt |
Available Seat KM (ASK´000,000) |
767.5 |
772.8 |
-1% |
1,675.5 |
1,628.0 |
3% |
|
|
|
|
|
|
|
DOMESTIC AND REGIONAL FLIGHTS |
FEB 18 |
FEB 17 |
CHG (%) |
YTD 18 |
YTD 17 |
CHG (%) |
Number of Passengers |
21,850 |
22,494 |
-3% |
44,149 |
42,719 |
3% |
Load Factor |
62.6% |
68.0% |
-5.4 ppt |
60.0% |
65.1% |
-5.1 ppt |
Available Seat KM (ASK´000,000) |
12.5 |
11.3 |
11% |
26.5 |
22.4 |
18% |
|
|
|
|
|
|
|
CHARTER FLIGHTS |
FEB 18 |
FEB 17 |
CHG (%) |
YTD 18 |
YTD 17 |
CHG (%) |
Fleet Utilisation |
100.0% |
100.0% |
0.0 ppt |
100.0% |
99.1% |
0.9 ppt |
Sold Block Hours |
2,694 |
1,871 |
44% |
5,709 |
3,718 |
54% |
|
|
|
|
|
|
|
CARGO |
FEB 18 |
FEB 17 |
CHG (%) |
YTD 18 |
YTD 17 |
CHG (%) |
Freight Tonne KM (FTK´000) |
9,337 |
7,525 |
24% |
19,854 |
14,922 |
33% |
|
|
|
|
|
|
|
HOTELS |
FEB 18 |
FEB 17 |
CHG (%) |
YTD 18 |
YTD 17 |
CHG (%) |
Available Hotel Room Nights |
25,116 |
25,116 |
0% |
52,923 |
52,923 |
0% |
Sold Hotel Room Nights |
20,503 |
21,511 |
-5% |
39,211 |
40,745 |
-4% |
Occupancy of Hotel Rooms |
81.6% |
85.6% |
-4.0 ppt |
74.1% |
77.0% |
-2.9 ppt |
For further information please contact:
Bogi Nils Bogason, CFO, Icelandair Group tel: + 354 665-8801
Íris Hulda Þórisdóttir, Director Investor Relations, Icelandair Group tel: + 354 840-7010 Attachment (.pdf)
|
More |