ICELANDAIR GROUP

ICELANDAIR GROUP estimates it lost US$100m-$110m in 2Q20 on 85% lower revenues (final results due July 27) and says it is in final stages of key stakeholder negotiations to initiate new share offering and complete a voluntary financial restructuring.

Subscription Required

 

ICELANDAIR GROUP is part of our SpeedNews subscription.

Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.

Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.