Icelandair reported the final three months of 2022 as its best quarter since 2015, with passenger traffic up 50% year-on-year and income topping $290 million, up almost $100 million on the fourth quar...
Icelandair has entered an insurance backed financing agreement with Itasca Re and NORD/LB for two Boeing 737 MAX 8 aircraft. The aircraft are currently fully owned by Icelandair and were purchased usi...
Icelandair is to start flying to Detroit next year, the carrier said this week, reopening a route previously serviced by the defunct Wow Air. The flights ex-Reykjavik will run four days a week from Ma...
An Icelandair aircraft and Korean Air aircraft were involved in a minor collision on the Heathrow airport runway last night. The emergency services were deployed almost immediately and there were no i...
Icelandair has entered into a Letter of Intent (LOI) for the purchase of four Boeing 737 MAX aircraft. The aircraft were built in 2018 and are scheduled to be delivered in the fall of 2022. This trans...
Icelandair has given formal notice of termination of the government-guaranteed credit facility that has been in place since September 2020, effective 15 days from today as per its terms and conditions...
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 fo...
Aviation Capital Group (ACG) has delivered one new Boeing 737-8 MAX aircraft on long-term lease to Icelandair. This Boeing 737 MAX aircraft, powered by CFM International’s LEAP-1B engines, is part of ...
Icelandair Group generated US$19.6 million in net profit in the third quarter (Q3) 2021 despite the Delta variant negatively impacting September load factor and unit revenues. Icelandair further stren...
Birna Osk Einarsdottir has decided to step down as Chief Commercial Officer of Icelandair Group. Birna Osk was appointed CCO in February 2019 after having served as the Chief Customer Experience Offic...
The number of Icelandair’s international passengers and the total capacity increased significantly in August 2021 compared to August 2020. The total number of passengers on international flights was o...
For the first quarter of 2021, Icelandair has reported a 73% drop in total revenue to US$57.3 million, on the back of a 92% decline in capacity. Icelandair’s net loss fell to $30.1 million. The airlin...
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