Airline

Icelandair reports a difficult operating year

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Icelandair reports a difficult operating year

Icelandair has reported a loss after tax of US$76.5 million for 2018 compared to a profit of $37.5 million in 2017. Total income rose by 7% to $1,511 million. 2018 EBITDA was $76.5 million, compared to $170.1 million in 2017. EBITDA in the fourth quarter of 2018 was negative by $35.0 million. The ai...

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