Icelandair to expand schedule by 11% in 2018

    Icelandair president and CEO Björgólfur Jóhannsson reported (26-Oct-2017) the airline is anticipating continued growth, with the 2018 schedule slated to expand by 11% year-on-year. Mr Jóhannsson noted the outlook for the company’s flight operations remains unchanged, but competition remains “fierce” in the trans Atlantic, and continued pressure is anticipated on average air fares. Mr Jóhannsson believes however the airline is “well positioned to weather fluctuations in its operating environment”. [more – original PR]