Tag: Bogi Nils Bogason

Emirates signs memorandum of understandings with Icelandair and GO7

Emirates has signed memorandum of understandings with Icelandair and travel technology and ticketing specialist GO7 to develop deeper commercial cooperation. The airlines look to leverage each other’s networks, in addition to using modern tools for more efficient combined air and rail ticket co...

Icelandair: Changes in Organizational Structure

Icelandair has decided to streamline its organizational structure to facilitate stronger performance. The Customer and Revenue divisions will be combined into a single Commercial division, bringing a holistic approach to commercial topics with continued strong focus on customer experience across ...

Icelandair orders 13 Airbus A321XLR, becoming a new Airbus customer

Icelandair, the main Icelandic airline based in Keflavik, has placed a firm order for 13 Airbus A321XLR. The order makes Icelandair a new Airbus customer. The airline is also planning to lease four A321LRs. With its extra long range, the A321XLR will allow Icelandair to seize new market opport...

Turkish Airlines and Icelandair sign a codeshare agreement

Turkish Airlines and Icelandair have signed a codeshare agreement. With this agreement, the two airlines will be providing seamless connections to their customers and expand the number of destinations on both carriers’ networks. Icelandair passengers in North America and Iceland can c...

Aviation Capital Group announces delivery of one Boeing 737-8 MAX to Icelandair

Aviation Capital Group LLC announced the delivery of one new Boeing 737-8 MAX aircraft on long-term lease to Icelandair. This Boeing 737 MAX aircraft, powered by CFM International’s LEAP-1B engines, is part of a multi-aircraft transaction between ACG and the airline. “With this delivery, w...

Icelandair shifts focus ‘towards more profitable routes and markets’ in 3Q2019

Icelandair shifts focus ‘towards more profitable routes and markets’ in 3Q2019

CEO Bogi Nils Bogason stated (31-Oct-2019) the carrier's 3Q2019 results show improvements in underlying operations "Despite the unprecedented impact of the suspension of the MAX aircraft", adding its route network flexibility allowed optimisation of its flight schedule by "shifting our focus toward...

Icelandair reports loss of $55.6m in 2018 amid “difficult operating year”

Icelandair reports loss of $55.6m in 2018 amid “difficult operating year”

Icelandair has reported that 2018 was a "difficult operating year" as it posted a loss after taxes of $55.6 million compared to a profit of $37.5 million in 2017. The airline said that the annual financial result was due to strong competition, low and frequently irrational fares and significant f...

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