Icelandair transported 251,000 passengers in February 2025, a 7% increase from 2024, with an 8% capacity expansion. The airline achieved a record 79.8% load factor, offsetting a slight yield dip. On-time performance stood at 80.5%, while charter flights saw a 27% surge. Freight operations declined by 10%, but CO2 emissions per ton-kilometer fell 6% due to fleet upgrades. CEO Bogi Nils Bogason highlighted strong demand, a new Southwest Airlines partnership, and fleet expansion ahead of a busy summer.