Airline

Icelandair posts improved operating results in Q4 2021

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Icelandair posts improved operating results in Q4 2021

Icelandair’s net loss in the quarter was US$39.4 million and decreased by US$43.9 million compared to 2020. EBIT improved between years by US$24.6 million, which is the strongest EBIT result in the fourth quarter since 2016. The market price of fuel was on average 12% higher than in Q3 and 91% hig...

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