Tag: Icelandair Group
Icelandair Group hf.: Integration of Air Iceland Connect and Icelandair
A decision has been made to integrate the operations of Air Iceland Connect, Icelandair Group‘s subsidiary, into the operations of Icelandair. Air Iceland Connect...
Icelandair Group hf.: Completion of the sale of Icelandair Hotels to...
Completion of the transaction between Icelandair Group and Berjaya Land Berhad (“Berjaya”), concerning Berjaya’s acquisition of a 75% share in Icelandair Hotels and related...
Icelandair Group lowers EBITDA guidance for 2018
According to Icelandair Group’s updated forecast for the year 2018 the Company’s results will be worse than projected. Based on current assumptions, the Company...
Björgólfur Jóhannsson resigns as Icelandair Group’s President & CEO
Today, Björgólfur Jóhannsson resigned as the Company’s President & CEO. Bogi Nils Bogason, the Company’s CFO, will become the Interim President & CEO of...
Icelandair Traffic Data July 2018
The number of passengers on Icelandair flights were 519 thousand in July and decreased by 5% compared to July last year. The capacity measured...
Icelandair reports Over 6 billion krónur loss in the first half...
The second quarter results are worse than expected. Our forecasts for rising average prices in the second half of the year have so far...
Icelandair Group lowers EBITDA guidance for 2018
The current prospects for Icelandair Group’s operations in 2018 are less favourable than anticipated earlier by the Company. Based on current assumptions, the Company...
Icelandair Traffic Data June 2018
The number of passenger on international flights was 480 thousand in June and decreased by 2% compared to June last year. The capacity measured...
Icelandair Traffic Data May 2018
The number of passenger on international flights was 367 thousand in May and increased by 10% compared to May last year. The capacity increased...
Icelandair Group initiates sale process for hotel operations and related properties
Icelandair Group has decided to initiate a process to sell Icelandair Hotels, together with the properties pertaining to these operations.
Icelandair Group President and CEO...
