Icelandair posts $89 million 2016 net profit

Credit: Rob Finlayson
Icelandair Group reported a 2016 net profit of $89.1 million, down 20% from $111.2 million in net income for 2015. Revenue for the year increased 12.8% to $1.3 billion from $1.1 billion in 2015. EBITDA fell 3% to $219.8 million. Icelandair reported total international passenger numbers of 3.7...
Mark Nensel

Mark Nensel is the Managing Editor of Aviation Daily. Prior to taking the helm of daily production of Aviation Week's commercial aviation newsletter…

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