Clik here to view.
Icelandair reports a second quarter net profit of $14.3 million, considers...
Icelandair Group (Icelandair) (Keflavik) reported a second quarter net profit of $14.3 million. In addition, in its report, the group stated it is looking at its fleet options with a long-term fleet...
View ArticleClik here to view.
Icelandair remains in the red with a 1Q net loss of $18.3 million
Icelandair Group (Icelandair) (Keflavik) reported a net loss of $18.3 million in the first quarter, an increase from a net loss of $13.2 million in the same quarter a year ago. The airline issued this...
View ArticleClik here to view.
Icelandair Group’s 2Q net profit jumps 29% to $18.5 million
Icelandair Group (Icelandair) (Keflavik) reported its second quarter net profit increased 29 percent to $18.5 million, up from $14.3 million for the quarter a year ago. Read the full report: CLICK...
View ArticleClik here to view.
Icelandair has a better than expected year in 2013, reporting a pretax profit...
Icelandair Group (Icelandair) (Keflavik) reported its financial results for 2013 (all dollar figures in US dollars): Profit before taxes amounted to $71.0 million, up by $13.6 million or 24% between...
View ArticleClik here to view.
Icelandair Group’s 2014 net profit increases 18% to $66.5 million
Icelandair Group (Icelandair, Air Iceland and Loftleidir) (Reykjavik) reported a 2014 net profit of $66.5 million, up 18% from the previous year. The airline issued this statement: Björgólfur...
View ArticleClik here to view.
Icelandair to operate two Boeing 767-300s, Air Iceland to become a new...
Icelandair Group (Icelandair and Air Iceland) (Reykjavik) has announced Icelandair will operate two Boeing 767-300s. The Group has also announced plans to replace Air Iceland’s aging Fokker 50 fleet...
View ArticleClik here to view.
Icelandair Group acquires Wow Air
Icelandair Group has made this announcement: Icelandair Group has entered into a share purchase agreement to purchase all shares in the airline WOW air. The acquisition is subject to, approval by...
View ArticleClik here to view.
Icelandair Group’s acquisition of Wow air is cancelled
Icelandair Group issued issued this statement: The acquisition of Icelandair Group of Wow air, based on a purchase agreement signed on November 5t, 2018 has been cancelled. Both parties agree on this...
View ArticleClik here to view.
Icelandair Group reports a “difficult operating year” due to over capacity...
Icelandair Group issued this report: Difficult Operating Year Total income $1.511 million, up by 7% year on year in 2018 Year’s EBITDA $76.5 million, as compared to USD 170.1 million in 2017 Year’s...
View ArticleClik here to view.
Loftleidir Icelandic’s subsidiary acquires majority of shares of Cabo Verde...
Icelandair Group has issued this statement: The binding offer submitted by Loftleidir Cabo Verde to acquire 51% of the shares of Cabo Verde Airlines has been accepted. The share purchase agreement was...
View ArticleClik here to view.
Icelandair loses $40.9 million in the second quarter mainly due to MAX grounding
Icelandair Group lost $40.9 million in the second quarter, an increase in losses by 63% from the loss of $25.1 million in the same quarter last year. The grounding of its Boeing 737 MAX aircraft on...
View ArticleClik here to view.
Icelandair to cut 2,000 jobs
Icelandair Group has made this announcement: The COVID-19 pandemic is having a severe impact on the aviation and travel industries with continued uncertainty for the unforeseeable future. To respond to...
View ArticleClik here to view.
Icelandair reports a $4 million profit in the second quarter of 2022
Icelandair Group made this announcement: EBIT USD 1.2 million improving by USD 63.4 million year-on-year despite fuel price more than doubling Operating income USD 328.9 million up by USD 251.4...
View Article
