Icelandair Details ‘Conservative’ Path To Recovery

Icelandair
Credit: Nigel Howarth/Aviation Week
Icelandair Group is now anticipating a $363 million EBIT loss for 2020 and a further $43 million loss in 2021, before climbing back to profitability in 2022 and building to a $175 million positive EBIT by 2024. Detailing its financial expectations ahead of a planned Sept. 16-17 share offering...

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