Fly Play hf.: Full-Year OTP and Load Factor Improvement – Unit revenue continues to grow

PLAY airlines carried 98,863 passengers in December 2024, compared to 114,265 passengers in December 2023. This reflects an 18% reduction in PLAY’s capacity for the month, a direct result of the decision to lease one of PLAY’s aircraft to GlobalX in Miami and adjust the network to better align with seasonal demand, as previously announced. However, the load factor improved year-on-year, with PLAY achieving a load factor of 78.9% in December 2024, compared to 76.2% in December 2023. For the full year of 2024, PLAY achieved a load factor of 85.3%, compared to 83.4% for the full year of 2023.