Icelandair transports more than one million passengers in Q1 2024
Icelandair aircraft takes to the sky
Icelandair has reported transporting more than one million passengers in the first quarter of 2024.
In April, Icelandair transported 307 thousand passengers, a four percent increase compared to April 2023. Year-to-date, Icelandair has transported more than one million passengers. During the month, 27 percent of passengers were traveling to Iceland, 17 percent from Iceland, 49 percent were via passengers and seven percent were traveling within Iceland.
Capacity, measured in available seat kilometers, increased by 11 percent from April last year when passenger traffic, measured in revenue passenger kilometers, increased by eight percent. Load factor was 81 percent and on-time performance was 88.3 percent, increasing by 7.8 ppt between years.
“With more than 300 thousand passengers in April, and one million in the first four months of the year, we continue seeing a healthy increase in the total number of passengers,” said Bogi Nils Bogason, Icelandair president and CEO. “The decline on the to and from markets is mainly attributed to a shift in Easter traffic this year into March. Demand in the via market remained strong and almost half of our passengers were via passengers compared to 40 percent last year.
“This displays the flexibility of our route network where we can redirect capacity to the markets with the strongest demand at each time through robust revenue management. I am very happy to see continued strong on-time performance, which is thanks to a strong focus and the outstanding performance of the Icelandair team,” he added.
