In July 2024, Icelandair set a monthly record by transporting 610,000 passengers, marking an 8% increase from the previous year, with a load factor of 87.1% and 80.3% on-time performance.
In July 2024, Icelandair transported 610 thousand passengers, a record number for one month, and an 8% increase compared to July 2023. During the month, 33% traveled to Iceland, 17% from Iceland, 45% traveled via Iceland, and 6% traveled within Iceland. The load factor was 87.1% and on-time performance was 80.3%, increasing 5.9 ppt between years. Year-to-date, Icelandair has transported 2.6 million passengers, 7% more than last year.
Bogi Nils Bogason, President and CEO of Icelandair, said: “In July, we saw an 8% increase in the number of passengers and a record number for one month. Despite a reduction in passenger demand to Iceland we achieved a load factor increase compared to July last year. This shows how we have used the flexibility of our route network to put increased focus on via passengers compared to last year, when demand to Iceland was stronger. We are very pleased to see continued great on-time performance, which is thanks to a strong focus and the outstanding work of the Icelandair team. On-time performance is a very important contributing factor in the increased positive feedback we have been receiving in customer experience surveys.”
Icelandair Group has a flexible fleet that marries commonality with varying sizes, capabilities, and ownership costs. The fleet comprises a total of 44 aircraft. It consists of a mix of aircraft suitable for different missions within the network, providing the airline with flexibility. Icelandair operates flight simulators for Boeing 757, Boeing 767 and Boeing 737 MAX aircraft at a training facility in Iceland. The facility is well utilised year-round, for Icelandair and other airlines.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor’s degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.
She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.