Icelandair Q2 Revenue Down 85% On Weak Demand

Icelandair Group’s 2020 second quarter (Q2) operations were significantly affected by the COVID-19 pandemic, which included sweeping travel bans and a massive decrease in demand. In its preliminary results, the Icelandic flag-carrier’s reported Q2 revenue was down 85% to $60 million; its EBIT will...

Subscription Required

 

Icelandair Q2 Revenue Down 85% On Weak Demand is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.