Icelandair Shows Strong Summer Results; Cargo Expansion Underway

Icelandair 737 MAX
Credit: Boeing
While Icelandair reached 82% of its 2019 capacity and more than doubled its number of passengers during the 2022 third quarter (Q3), the company is looking to build on its growing Keflavik hub with widebody cargo operations in 2023. Despite a 78% global increase in fuel prices—which for Icelandair...

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