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...
Icelandair plans to return to profitability this year as it grows back its network to eighty percent of 2019 levels, it said today during its 2021 results presentation. The final quarter ended at a loss, but EBIT was still at its best level since 2016. Icelandair...
Today, Dubai Aerospace Enterprise (DAE) Ltd announced that it had successfully completed the placement of 14 Boeing 737 MAX 8 aircraft, including 12 with Mexican carrier Grupo Aeromexico. The order was placed with Boeing in March last year. Icelandair received the...
The De Havilland Canada Dash 8 is developing more and more into the preferred platform for a hydrogen-electric propulsion system of the future. On December 14, the Canadian airframer and ZeroAvia announced a Memorandum of Understanding to offer ZeroAvia’s...
Icelandair has turned a $54.9 million Q2 loss into a $19.6 million Q3 profit despite setbacks from the Delta variant and continued travel restrictions. The strong start of the quarter was tapered off by new Covid-cases in Iceland in August and September, but the...
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