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Icelandair bullish about summer as it trims losses

Icelandair bullish about summer as it trims losses

by Richard Schuurman | Feb 3, 2023 | Airlines | 0 comments

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 strong bookings to North America....
Icelandair closes in on fleet renewal decision

Icelandair closes in on fleet renewal decision

by Richard Schuurman | Oct 21, 2022 | Airlines | 0 comments

Icelandair Group plans to make a decision on the replacement of its Boeing 757s no later than early 2023.  The airline has issued requests for proposals to both Airbus and Boeing and engine manufacturers. “We started the fleet process and the goal is to conclude this...
Heart upsizes full-electric aircraft to make it a 30-seater

Heart upsizes full-electric aircraft to make it a 30-seater

by Richard Schuurman | Sep 15, 2022 | Aerospace | 0 comments

­­Swedish start-up Heart Aerospace has redesigned its full-electric regional aircraft from a 19-seater to a 30-seater. The airframer also announced Air Canada and Saab as new minority shareholders of the project, while also announcing new orders. Heart unveiled the...
AirInsight – News in Brief June

AirInsight – News in Brief June

by Richard Schuurman | Jun 30, 2022 | Aerospace, Airlines | 0 comments

Here is our rolling report with short aviation news for the month of June 2022: 30 – KLM has repaid the final €277 million of the state-backed credit facility that it received as Covid aid in 2020. Since May, the Dutch carrier repaid the €927 million drawn from...
Icelandair bullish on strong summer but cautious after that

Icelandair bullish on strong summer but cautious after that

by Richard Schuurman | Apr 30, 2022 | Airlines | 0 comments

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 earnings...
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