Icelandair Expects Stronger Summer Despite ISK 4bn Quarterly Loss

Icelandair says it expects a stronger third quarter than last year despite posting a loss of ISK 4 billion in the second quarter, as higher fuel prices outweighed rising revenues. The airline’s revenue increased by 7% year-on-year during the quarter, but operating costs also climbed sharply, driven primarily by fuel. What’s the Story? Original source: [...]… The post Icelandair Expects Stronger Summer Despite ISK 4bn Quarterly Loss appeared first on Iceland Review.

By Michael Chapman