Stock Exchange Releases

06.11.2019

Traffic data October 2019

The load factor on Icelandair’s flights was 85.3% in October compared to 80.9% in the same period last year. The total number of Icelandair’s passengers was 341 thousand in October, decreasing by 3% compared with October last year. The total capacity decreased by 13% between years. The number of passengers to Iceland increased by 16% compared to October last year. This year, the number ...

01.11.2019

Presentation of Q3 2019 financial results

Attached is the presentation of Q3 2019 financial results. Attachment Q3 presentation

31.10.2019

Continued Operational Improvements – Q3 Net Profit USD 61 Million

Operational improvements with EBIT amounting to USD 81.1 million in the quarter, up by USD 2.8 million despite the suspension of the MAX aircraft.Total revenue amounted to USD 533.9 million in the quarter, down by 2%.Flexibility of the route network resulted in 27% more passengers travelling to Iceland in the quarter.Equity ratio at the end of September was 30%, ...

27.10.2019

EBIT guidance for the full year 2019 revised upwards

The current prospects for Icelandair Group‘s operations for the year 2019 are more favourable than anticipated when last EBIT guidance was issued. Based on current assumptions, the Company is projecting its EBIT to be in the range of negative USD 35-55 million for 2019, including the estimated net impact quantified to date of the suspension of the Boeing 737 MAX aircraft. Although ...

25.10.2019

Publishing of Q3 2019 results

Icelandair Group will publish its results for the third quarter of 2019 on Thursday 31 October 2019. An open presentation will be held on Friday 1 November 2019 at Icelandair Hotel Reykjavik Natura. The presentation will start at 8:30 am (GMT). Bogi Nils Bogason, President & CEO and Eva Soley Gudbjornsdottir CFO will present Icelandair Grou ...

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06.11.2019

Traffic data October 2019

The load factor on Icelandair’s flights was 85.3% in October compared to 80.9% in the same period last year. The total number of Icelandair’s passengers was 341 thousand in October, decreasing by 3% compared with October last year. The total capacity decreased by 13% between years. The number of passengers to Iceland increased by 16% compared to October last year. This year, the number ...

01.11.2019

Presentation of Q3 2019 financial results

Attached is the presentation of Q3 2019 financial results. Attachment Q3 presentation

31.10.2019

Continued Operational Improvements – Q3 Net Profit USD 61 Million

Operational improvements with EBIT amounting to USD 81.1 million in the quarter, up by USD 2.8 million despite the suspension of the MAX aircraft.Total revenue amounted to USD 533.9 million in the quarter, down by 2%.Flexibility of the route network resulted in 27% more passengers travelling to Iceland in the quarter.Equity ratio at the end of September was 30%, ...

27.10.2019

EBIT guidance for the full year 2019 revised upwards

The current prospects for Icelandair Group‘s operations for the year 2019 are more favourable than anticipated when last EBIT guidance was issued. Based on current assumptions, the Company is projecting its EBIT to be in the range of negative USD 35-55 million for 2019, including the estimated net impact quantified to date of the suspension of the Boeing 737 MAX aircraft. Although ...

25.10.2019

Publishing of Q3 2019 results

Icelandair Group will publish its results for the third quarter of 2019 on Thursday 31 October 2019. An open presentation will be held on Friday 1 November 2019 at Icelandair Hotel Reykjavik Natura. The presentation will start at 8:30 am (GMT). Bogi Nils Bogason, President & CEO and Eva Soley Gudbjornsdottir CFO will present Icelandair Grou ...

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