Icelandair turns in profitable third quarter despite virus variant impact
Icelandair Group has defied the impact of new coronavirus variants to post a net profit of nearly $20m for Q3. The operator expanded its network in the three months to 30 September to cover 34 destinations – comprising 23 in Europe and 11 in North America. It flew some 700,000 passengers in the quarter, although this figure remains less than half of the 1.5m carried in the pre-crisis Q3 2019. Icelandair Group says the rise of the Delta variant resulted in a “booking trend setback” during August and September. But it adds that the situation has “recovered” and booking have been “strong” in the last few weeks, aided by the opening of transatlantic travel.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2021-10-22/unaligned/icelandair-turns-in-profitable-third-quarter-despite-virus-variant-impact
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Icelandair turns in profitable third quarter despite virus variant impact
Icelandair Group has defied the impact of new coronavirus variants to post a net profit of nearly $20m for Q3. The operator expanded its network in the three months to 30 September to cover 34 destinations – comprising 23 in Europe and 11 in North America. It flew some 700,000 passengers in the quarter, although this figure remains less than half of the 1.5m carried in the pre-crisis Q3 2019. Icelandair Group says the rise of the Delta variant resulted in a “booking trend setback” during August and September. But it adds that the situation has “recovered” and booking have been “strong” in the last few weeks, aided by the opening of transatlantic travel.<br/>
