Icelandair to cut 20% of staff, three international routes

Icelandair will cut 20% of its workforce of 1,230 employees as a result of financial pressures brought on by rising fuel prices, it announced last week. The reduction of approximately 240 staff will occur in the fall. The airline also will reduce its winter flying schedule by 14% and suspend service...

Subscription Required


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.

Already an AWIN subscriber? 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.