Fly Play hf.: Local Share and Passenger Numbers Increase Between Years
July 08 2024 - 12:03PM
Fly Play hf.: Local Share and Passenger Numbers Increase Between
Years
Local Share and Passenger
Numbers Increase Between
Years
PLAY airlines carried 173,109
passengers in June 2024, marking a 7.5% increase from June 2023,
when the airline carried 160,979 passengers. The load factor in
June 2024 was 86.0%, slightly down from 87.2% in June 2023.
Available seat kilometers (ASK) increased by 8.8%, while revenue
passenger kilometer (RPK) increased by 7.3% between June 2023 and
June 2024.
Several factors contribute to a lower
load factor this year, mainly the increased capacity of
transatlantic flights from competing carriers. Despite this
increase in competition, improvements are seen in key European
markets.
In June 2024, 31.9% of PLAY’s
passengers were flying from Iceland, 24.3% were flying to Iceland,
and 43.8% were connecting passengers (VIA).
The share of passengers flying from
Iceland increased from 29.8% in June 2023 to 31.9% in June 2024,
reflecting PLAY's ongoing growth in its local Icelandic
market.
PLAY’s on-time performance reached
91.4% in June 2024, surpassing its annual target of 85% and
improving significantly from 81.2% in June 2023.
3rd Anniversary
and Best Low-Cost Airline in
Northern Europe Second Year in
a Row
PLAY celebrated its 3rd anniversary on
June 24, having launched its first commercial flight from Iceland
to London on June 24, 2021. Over the past three years, PLAY has
expanded rapidly, growing from three aircraft in 2021 to ten
aircraft and around 500 employees in 2024. The airline operated
around seven destinations in 2021, which has now expanded to over
40 destinations in 2024.
For the second consecutive year, PLAY
airlines has been recognized as the top low-cost airline in
Northern Europe by the prestigious World Airline Awards, based on
customer satisfaction surveys conducted by the British company
Skytrax since 1999. Additionally, PLAY has been listed among the
top 100 airlines in the world for the second year in a row, moving
up four places from 91 in 2023 to 87 in 2024. In 2022, PLAY was
ranked number 167 on the same list. PLAY also ranked 3rd among the
world's most improved airlines at the same event.
Einar Örn Ólafsson,
PLAY’s CEO:
"We are pleased to see growth in our
passenger numbers, although we had hoped for a higher load factor.
This result reflects the increased competition in transatlantic
flights and a reduction in tourists to Iceland is a direct result
of a surge in marketing efforts from neighbouring countries above
what we are experiencing out of Iceland. We firmly believe that a
concerted effort from the tourism industry and substantial support
from the authorities is needed to boost demand for flights to
Iceland, as stated in our previous traffic report. With the right
message and a powerful push, we can attract more visitors to
experience Iceland's amazing natural wonders.
We are delighted to see that we are
still growing our share in the Icelandic market. It is evident that
people in Iceland are happy with our services and that the word is
spreading. We have always aimed to be the leading airline for
leisure travel from Iceland, and our growing local share reflects
that commitment.
Our world-class on-time performance of
91.4% in June 2024 showcases our excellent services. This
achievement is the result of the dedication of my colleagues in the
operations team at PLAY, who are always fully focused on ensuring
our flight plans run as smoothly as possible.
We are also truly honored to have been
selected as the best low-cost airline in Northern Europe for the
second consecutive year. Cracking the top 100 list of the best
airlines in the world again and moving up four places is a
testament to the excellent services our staff delivers every day to
our passengers. I am truly thankful for their contribution to our
airline."
- Fly Play hf. Traffic Report June 2024