Icelandair is pleased with the change of fortunes it experienced in 2022, which contributed to a drastic reduction in losses. The airline is bullish about 2023 as it sees a very strong recovery of capacity to Iceland this summer and…
Iceland’s newest airline, Play, thinks that it has turned the corner on its worst losses and will produce an operating profit later this year. This is all thanks to reaching certain economies of scale in its fleet, network, and operations…
Icelandair is preparing for a strong summer that should accumulate net profits for the second and third quarters, but the outlook after that remains uncertain. Therefore, the carrier isn’t offering full-year guidance, it said on April 29 in its Q1…
ULCCs are growing across the board,
The US airline industry is in the midst of a significant fleet update
We have been watching the decline in Iceland’s traffic with sadness. We were excited to see WOW grow and then it all ended so fast . (We were equally excited about what Norwegian might do but also ended not so…