Icelandair widens 1Q net loss on higher costs, MAX uncertainty
May 08, 2019
Icelandair posted a first-quarter net loss of $55 million, widened from a $35 million net loss in the year-ago quarter as pressure on airfares, higher costs and Boeing 737 MAX grounding created uncertainty.The airline reported a 7% decline in operating income to $249 million. Expenses dropped 8% to...
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.